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Housing Numbers from NAR’s Existing Home Sale Report

The National Association of Realtors’ (NAR) September Existing Home Sales Report revealed that sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier. Total existing-home sales fell 1.7% but are 11% above the pace in September 2011. Other findings revealed in […]

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Appraisals Are Challenging in an Appreciating Market

For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Hope you find the information helpful. – The KCM Crew The real estate market is recovering with prices in most regions of […]

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Housing: The Reasons It Is Coming Back

Monday, we told you that many experts are beginning to call a bottom in house prices. Why? Writing in the Financial Times, Roger Altman, former deputy Treasury secretary, explained why he is so bullish on housing: “This surge will be driven by a combination of improving house prices, a lower inventory of homes for sale, […]

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House Prices: Looking for the Bottom? We May Be There

With sales and prices increasing in most regions of the country, it looks as though housing recovery is in full swing. There are more and more housing analysts declaring that we have turned the corner. A recent article on money-rates.com explains that now may be the time to act if you are thinking of purchasing […]

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Great Real Estate Professionals Manage Expectations

For Agents’ Eyes Only… Each Thursday we will be posting a blog to help real estate professionals understand how they can better assist their buyers and sellers navigate the current real estate market. Hope you find the information helpful. – The KCM Crew Over the last few years, we have flown to California many times […]

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Cost of a Home: Impact of Interest Rates

The buyer should always look at the COST of a home, not just the PRICE. The cost is determined by the price and the mortgage interest rate which is available at the time. Below is a list of the interest rates over the last ten years and the impact they have on a $100,000 mortgage […]

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House Prices: Experts Becoming More Optimistic

Each quarter, Pulsenomics surveys a “distinguished panel of over 100 economists, investment strategists, and housing market analysts regarding their 4-year expectations for future home prices in the United States.” Here are the latest survey results. Price appreciation/depreciation expected over the next four years: 2012: 2.31% 2013: 2.44% 2014: 3.25% 2015: 3.43% Fiserv also released a […]

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Home Sale Stats [INFOGRAPHIC]

InfoGraphic

Based on NAR’s September Existing Home Sales Report

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3.8% Tax on Housing? Answers & Resources

We have previously reported on the questions surrounding the existence of a 3.8% tax in the administration’s health care program. Today we want to update the post in order to help further explain the issue. – The KCM Crew Here are the 10 Things You Need to Know About the 3.8% Tax according to the […]

Thinking of a Vacation or Retirement Home? Buy It Now

When the economy was exploding in the early 2000s, many of us began to dream about purchasing that vacation home on the lake or securing a home in a more appropriate location for our retirement years. However, with the booming economy came skyrocketing house prices. Many of the homes we fell in love with quickly […]

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What Does QE3 Mean to Housing?

UPDATE: Some of our readers wanted a clear definition of what QE3 actually is. The best explanation we have seen can be read here. The article was posted prior to the decision to move forward by Mr. Bernanke . Fed Chairman Ben Bernanke announced last week that the Fed would again be pumping money into mortgage-backed-securities […]

5 Reasons to Buy a Home Now

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory declining in many regions, finding a home of your dreams may become more difficult […]

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The Finances of Renting vs. Buying

Trulia reported this week that homeownership is 45% cheaper than renting in the United States. Jed Kolko, Trulia’s Chief Economist explained: “Homeownership is cheaper than renting in all of the 100 largest metros, by a wide margin. Despite the recent price rebound, rents continue to rise faster than prices, and mortgage rates are near record […]

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Is Real Estate Better Off Than 4 Years Ago?

That depends on whether you are selling or buying. The KCM CrewWe 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 […]

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Let’s Not Get Carried Away with Home Price Increases

There has been a lot of excitement about home prices over the last few months. Though we agree that the housing industry is in a full out recovery, we also believe that there will still be price volatility over the next several months. We must realize home sales are seasonal and that fact impacts prices. […]

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Hispanics’ Impact on the Housing Market

This week, we have been introducing what we believe will be five mid-to-long-term opportunities in real estate over the next few years. Today is #3 – The Hispanic Segment of the Market. – The KCM Crew To begin, we want to be sensitive to the feelings of all Americans who trace their roots to Spanish-speaking […]

Green Homes: Starting to Take Root Again

All this week, we will be introducing one of the five mid-to-long-term opportunities we believe will be the key areas for business growth over the next few years. Today is #2 – The ‘green’ initiative in new construction and  existing home sales. – The KCM Crew Earlier in the last decade, the real estate industry […]

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The 5 Biggest Opportunities in Real Estate Going Forward

Many professionals in the real estate industry have been in survival mode for the last few years. The challenges in the economy and their effect on the housing industry have caused many to bunker-down and restrict their business planning to the short term. However, with sales increasing and prices beginning to stabilize, we believe a […]

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NAR’s Latest Ad Campaign: The Actual Research

There are many questioning the National Association of Realtors’ (NAR) latest television ad espousing the benefits of homeownership. The questions seem to fall into three categories: Should NAR even be running ads for its membership? If yes, is this ad appropriate from a branding/messaging standpoint? Are the claims in the ad backed up by actual […]

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How the Serenity Prayer Applies to Real Estate

You may be wary of either buying or selling a home in today’s market. You may feel powerless to the process. How could YOU possibly know whether the current good news about housing will continue? There is no doubt that today’s real estate market is extremely difficult to navigate. However, we want you to know […]

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Housing Update from Ashley Garner

Today we are honored to have Ashley Garner, one of the great young minds in real estate, share with us his thoughts on today’s national housing market. Enjoy! – The KCM Crew The Good News Is… the recovery of the Real Estate Market is unfolding exactly as it should and exactly as we have predicted. […]

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Once and For All, Which Way Are Home Prices Headed?

One could get dizzy looking at the daily headlines pertaining to home prices. One report says prices are heading up and the next day, another says they are still falling. Here are two recent examples: National Association of Realtors Chief Economist Lawrence Yun addressed the issue at the National Association of Real Estate Editors conference […]

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It’s Not GOOD News nor BAD News. It’s Just THE News.

Many people want to look at any news on the housing market and immediately categorize it as either good or bad. In reality, most news about real estate is not ‘good’ nor ‘bad’. It’s just news. Current home values are much lower than just a few years ago. Many see this as bad news. However, there […]

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Attention Real Estate Professionals – Free Webinar

In this webinar, we will shed light on the 3 major questions facing the real estate industry today: Will the strong buyer demand we are currently experiencing continue into 2013? Where are residential home prices headed over the next 6-18 months? Will the weak global economy and the uncertainty of the upcoming election impact consumer […]

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The Economy’s Impact on Housing

With the economic recovery sluggish at best, many ask what impact this has on housing. Over the last several years, most economists believed that housing would not recover until the overall economy recovered. However, it now seems that the housing sector may be a driving influence in the recovery. Here are four reports released in the […]