For Buyers Archives

Why You Need a Professional on Your Team When Buying a Home

Many people wonder whether they should hire a real estate professional to assist them in buying their dream homes or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional!

January 23, 2018/by KCM CREW

For Buyers, First-Time Buyers, Rent vs. Buy

Buying A Home Is More Affordable Than Renting In 54% Of US Counties

According to ATTOM Data Solutions’ 2018 Rental Affordability Report, “buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447 [or 54% of] U.S. counties analyzed for the report.”

January 22, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, First-Time Buyers, Move-Up

Where Did Americans Move in 2017? [INFOGRAPHIC]

Some Highlights

Atlas Van Lines recently released the results of their annual Migration Patterns Survey in which they tracked their customer’s movement from state-to-state over the course of 2017.
Idaho held on to the top spot of ‘high inbound’ states for the 2nd year in a row followed by Washington.
The ‘outbound’ states seem to draw a line straight across the country from Connecticut to Wyoming.

January 19, 2018/by KCM CREW

For Buyers, For Sellers, Home Prices, First-Time Buyers, Move-Up

What Impact Will the New Tax Code Have on Home Values?

Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months.

January 18, 2018/by KCM CREW

For Buyers, First-Time Buyers

61% of First-Time Buyers Put Down Less than 6%

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017.

January 17, 2018/by KCM CREW

For Buyers, First-Time Buyers

Wondering If You Can Buy Your First Home?

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage.

January 16, 2018/by KCM CREW

For Buyers, First-Time Buyers

93% Believe Homeownership Is Important in Attaining the American Dream

Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:

January 11, 2018/by KCM CREW

For Buyers, First-Time Buyers, Move-Up

FICO® Scores on Approved Home Loans Drop Again

According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.

January 10, 2018/by KCM CREW

For Buyers, For Sellers, Move-Up

The Impact of Tight Inventory on the Housing Market

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.

January 9, 2018/by KCM CREW

For Buyers, For Sellers, Move-Up

712,000 Homes in the US Regained Equity in the Past 12 Months!

CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more than 20% since the peak in Q4 of 2009 (26%) to 4.9% today.

January 8, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, Move-Up

4 Reasons to Sell This Winter [INFOGRAPHIC]

Some Highlights

Buyer demand continues to outpace the supply of homes for sale which means that buyers are often competing with one another for the few listings that are available!
Housing inventory is still under the 6-month supply needed to sustain a normal housing market.
Perhaps the time has come for you and your family to move on and start living the life you desire.

January 5, 2018/by KCM CREW

For Buyers, For Sellers, Move-Up

Time on the Market Drops to New Low in 2017

According to recently released data from the National Association of Realtors (NAR), the median amount of time a home spent on the market hit an all-time low of only three weeks in 2017.

January 4, 2018/by KCM CREW

For Buyers, For Sellers, First-Time Buyers, Move-Up, Rent vs. Buy

The Benefits of Homeownership Go Beyond the Financial

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

January 3, 2018/by KCM CREW

For Buyers, For Sellers, First-Time Buyers, Move-Up

How Rising Prices Will Help You Build Family Wealth in 2018

Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey.

January 2, 2018/by KCM CREW

For Buyers, For Sellers, Infographics, First-Time Buyers, Move-Up

Buying or Selling in 2018? 5 Reasons to Resolve to Hire a Pro [INFOGRAPHIC]

Some Highlights

As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team!
There are many benefits to using a local professional!
Pick a professional who knows your local market and can help you achieve your dreams!

December 29, 2017/by KCM CREW

For Buyers, For Sellers, First-Time Buyers, Move-Up

There's More to a Bubble Than Rising Home Prices

What truly causes a housing bubble and the inevitable crash? For the best explanation, let’s go to a person who correctly called the last housing bubble – a year before it happened.

December 28, 2017/by KCM CREW

For Buyers, For Sellers, First-Time Buyers, Move-Up, Rent vs. Buy

Top 4 REAL Reasons We Buy a Home

We often talk about the financial reasons why buying a home makes sense. But, more often than not, the emotional reasons are the more powerful or compelling reasons.

December 27, 2017/by KCM CREW

For Buyers, For Sellers, Infographics, First-Time Buyers, Move-Up

Existing Home Sales Reach Highest Annual Pace in 11 Years [INFOGRAPHIC]

Some Highlights

Existing home sales are currently at an annual pace of 5.81 million, the highest pace since December 2006.
The inventory of existing homes for sale has dropped year-over-year for the last 30 consecutive months and is now at a 3.4-month supply.
NAR’s Chief Economist Lawrence Yun had this to say: “Faster economic growth in recent quarters, the booming stock market and continuous job gains are fueling substantial demand for buying a home as 2017 comes to an end.”

December 22, 2017/by KCM CREW

For Buyers, For Sellers, Home Prices

Housing Prices are NOT Heading for Another Crash

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices?

December 21, 2017/by KCM CREW

For Buyers, For Sellers, First-Time Buyers, Move-Up

Top 5 Benefits of Hiring a Real Estate Agent

The National Association of Realtors (NAR) recently released their 2017 Profile of Home Buyers and Sellers in which they surveyed recent home buyers and sellers about their experiences. An entire section of the profile is dedicated to buyers’ experiences with their real estate agents.

December 20, 2017/by KCM CREW

For Buyers, First-Time Buyers, Rent vs. Buy

Rents Are on the Rise: Don't Get Caught in the Rental Trap!

There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage.

December 19, 2017/by KCM CREW

For Buyers, First-Time Buyers, Move-Up

4 Reasons to Buy a Home This Winter!

Here are four great reasons to consider buying a home today instead of waiting.

December 18, 2017/by KCM CREW

For Buyers, For Sellers, Infographics, Home Prices, First-Time Buyers, Move-Up

Home Prices Up 6.54% Across the Country! [INFOGRAPHIC]

Some Highlights

The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
In the report, home prices are compared both regionally and by state.
Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!

December 15, 2017/by KCM CREW

For Buyers, For Sellers, Move-Up, Rent vs. Buy

Should Boomers Buy or Rent after Selling?

In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home.

December 14, 2017/by KCM CREW

For Buyers, For Sellers, Home Prices, First-Time Buyers, Mortgage Rates, Move-Up

What is the Cost of Waiting Until Next Year to Buy?

We recently shared that over the course of the last 12 months, home prices have appreciated by 7.0%. Over the same amount of time, interest rates have remained historically low which has allowed many buyers to enter the market.

December 13, 2017/by KCM CREW

Contact Us