Entries by KCM Crew

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Waiting To Buy a Home Could Cost You [INFOGRAPHIC]

Waiting To Buy a Home Could Cost You [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again.
  • The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point.
  • Don’t assume waiting will save you money. Connect with your trusted real estate professional to set the ball into motion today while mortgage rates are hovering near historic lows.
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Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up.
  • Terms like appraisal (what lenders rely on to validate a home’s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.
  • You don’t need to be fluent in the language of the market to buy or sell. Instead, connect with your trusted real estate advisor so they can help you translate the process.
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Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
  • Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come.
  • If you’re searching for a home to buy, rising inventory is welcome news. Reach out to a local real estate professional today to learn about new listings in your area.
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Your Home Equity Can Take You Places [INFOGRAPHIC]

Your Home Equity Can Take You Places [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • The amount of wealth Americans have stored in their homes has increased astronomically.
  • On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000.
  • When it’s time to sell, your home equity can help accomplish your goals. Reach out to a local real estate professional to discuss how you can take advantage of today’s sellers’ market to get the most out of your home sale.