Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
71% of buyers who purchased homes have put down less than 20%.
78.1% of loan applications were approved last month.
In September, the average credit score for approved loans was 737.
We at The KCM Crew believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
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It’s common knowledge that your FICO® score plays an important role in the homebuying process. However, many buyers have misconceptions regarding what exactly is required to get the loans they need.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/03175207/20191008-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-10-08 06:30:342019-10-07 12:50:52[:en]What FICO® Score Do You Need to Qualify for a Mortgage? [:es]¿Qué puntuación FICO® necesita para calificar para una hipoteca?[:]
According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market. The reality is, a down payment is often much less.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/10/03105841/20191007-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-10-07 06:30:012019-10-06 17:13:50[:en]62% of Buyers Are Wrong About Down Payment Needs[:es]62 % de los compradores están equivocados sobre el pago inicial necesario[:]
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
Freddie Macforecasts interest rates will rise to 3.8% by Q4 2020.
CoreLogicpredicts home prices will appreciate by 5.4% over the next 12 months.
If you’re ready and willing to buy your dream home, now is a great time to buy.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/26113053/20190927-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-09-27 06:30:072019-09-26 14:07:45[:en]What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC][:es]¿Cuál es el costo de esperar hasta el próximo año para comprar? [Infografía][:]
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/25120329/20190926-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-09-26 06:30:212019-09-25 12:11:15[:en]Homeowners Are Happy! Renters? Not So Much. [:es]¡Los propietarios de vivienda están felices! ¿Los inquilinos? No tanto[:]
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/24123426/20190925-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-09-25 06:30:202019-09-25 12:21:15[:en]Are You Ready for the ‘Black Friday’ of Real Estate?[:es]¿Está listo para el ‘viernes negro’ de bienes raíces?[:]
With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/09171611/20190912-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-09-12 06:30:422019-09-10 15:53:47[:en]What Is the Probability That Home Values Sink?[:es]¿Cuál es la probabilidad de que el valor de las casas se hunda?[:]
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/09/03170449/20190905-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-09-05 06:30:032019-09-04 22:31:00[:en]Everybody Calm Down! This Is NOT 2008[:es]¡Cálmense todos! Este NO es 2008[:]
There is plenty of talk in the media about a pending economic slowdown.
The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
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The pumpkin spice latte is launching soon, so you may be tempted to spend your extra cash on a daily caffeine fix, but that small expense can add up to a big number – fast!
Saving for a down payment takes a little discipline, so limiting your extra purchases (like a latte a day from your favorite coffee shop) will help you get there faster.
Depending on where you live, putting away just a small amount each day will get you to the average down payment you may need for homeownership faster than you think.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/22154207/20190823-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-23 06:30:502019-08-23 08:19:26[:en]A Latte a Day Keeps Homeownership Away [INFOGRAPHIC][:es]Un ‘latte’ al día mantiene alejado el ser propietario de vivienda [infografía][:]
When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/20123556/20190822-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-22 06:30:412019-08-21 09:01:18[:en]5 Easy Steps to Avoid Overwhelm from Media Overload[:es]5 pasos fáciles para evitar estar abrumado por el exceso de los medios[:]
Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,
“Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the senior citizens who mean so much to our land.”
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
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It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just the price of a home that matters, but the price relative to a purchaser’s buying power.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/13151352/20190815-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-15 06:30:312019-08-14 12:44:03[:en]Busting the Myth About a Housing Affordability Crisis[:es]Acabando con el mito sobre la crisis de la asequibilidad de la vivienda[:]
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for homeowners.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/13143316/20190814-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-14 06:30:592019-08-13 17:03:26[:en]The Benefits of Growing Equity in Your Home[:es]Los beneficios de aumentar la plusvalía en su hogar[:]
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/09171848/20190813-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-13 06:30:282019-08-13 09:45:38[:en]5 Real Estate Reality TV Myths Explained[:es]5 mitos sobre los programas de telerrealidad de bienes raíces explicados [:]
Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.
Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.
Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/07171300/20190809-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-09 06:30:202019-08-09 11:58:41[:en]Rent Vs. Own [INFOGRAPHIC][:es]Alquilar Vs Propiedad [infografía][:]
The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/07064429/20190808-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-08 06:30:392019-08-09 11:46:18[:en]Why All the Chicken Littles Should Calm Down[:es]Por qué todos los pesimistas empedernidos deben calmarse[:]
Whether you’ve owned a home before, or you’re ready to jump into homeownership for the first time, there are always a lot of questions swirling around about what is truly required for a down payment, and how to best source down payment assistance. Let’s tackle these two today.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/05131822/201910806-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-06 06:30:552019-08-09 11:43:01[:en]How Much Do You Know About Down Payments? [:es]¿Cuánto sabe sobre el pago inicial?[:]
On his personal website, self-made millionaire David Bach makes a striking statement:
“Not prioritizing homeownership is the single biggest mistake millennials are making.”
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/02121109/20190805-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-05 06:30:532019-08-09 11:20:53[:en]Millionaire to Millennials: The Costly Mistake of Not Buying Now[:es]Millonario a Millennials: El error costoso de no comprar ahora[:]
We’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know a recession can’t be too far off, but when will this economic slowdown actually occur?
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/08/31163552/20190801-Share-KCM-2.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-08-01 06:30:352019-07-31 16:36:26[:en]How to Judge the Impact of the Next Economic Slowdown on Housing[:es]Cómo juzgar el impacto de la próxima desaceleración económica en la vivienda[:]
Whether you are a first-time buyer or looking to move up to the home of your dreams, now is a great time to purchase a home. Here are three major reasons to buy today.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/07/22165422/20190725-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-07-25 06:30:032019-07-25 08:38:04[:en]3 Powerful Reasons to Buy a Home Now[:es]3 razones poderosas para comprar una casa ahora[:]
Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/07/19143235/20190724-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-07-24 06:30:112019-07-24 10:09:28[:en]Mid-Year Housing Market Update: Three Things to Know Today[:es]Actualización del mercado de la vivienda de medio año: tres cosas que debe saber hoy[:]
If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize.
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/07/16155633/20190722-KCM-Share.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-07-22 06:30:392019-07-22 15:56:11[:en]Is Renting Right for Me?[:es]¿Es el alquiler adecuado para mí?[:]
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/07/15152727/20190718-Share-KCM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-07-18 06:30:552019-07-18 17:55:04[:en]The Surprising Profile of the Real Estate Investor [:es]El perfil sorprendente de los inversionistas de bienes raíces[:]
We believe every family should feel confident when buying & selling a home. KCM helps real estate professionals reach these families & enables the agent to simply & effectively explain a complex housing market. Take a 14-Day Free Trial of our monthly membership to see how we can help you!
https://files.keepingcurrentmatters.com/wp-content/uploads/2019/06/24170858/20190621-Share-STM.jpg410750The KCM Crewhttps://www.keepingcurrentmatters.com/wp-content/uploads/2017/01/KCMBannerNoWebsiteDarkLarge.pngThe KCM Crew2019-07-12 06:30:062019-06-27 17:39:25[:en]Is Your First Home Now Within Your Grasp? [INFOGRAPHIC][:es]¿Esta su primer hogar a su alcance? [infografía][:]
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