Listen to Your Elders

The past week has been a whirlwind for me. Last Thursday, I had major surgery. I tell you this only as an explanation of how I came to write this week’s blog. I have been in a rehab facility for a couple days and what is most impressive is how the other patients are so […]

What Is ‘QM’ and Why Does It Matter?

We often discuss the difference between the PRICE and the COST of a home. We want buyers to realize, in many ways, the cost of a home is more important to them than the actual price. Obviously, price is part of the cost equation. The other piece, available financing, is also crucial. Soon, there will […]


Yet Another Housing Bear Turns Bull

Every day there seems to be more positive news about the real estate recovery. We attempt to give you two things in this blog: The actual data that indicates where the housing market is headed Quotes from analysts who have scrutinized this data Today, we want to give you a quote by Ivy Zelman which […]


Further Proof the Real Estate Market Is Coming Back

Last week, the National Association of Realtors (NAR) released their Pending Sales Report which showed that contracted sales were 12.8% higher than the same month last year and higher than any time since sales were impacted by the Homebuyers’ Credit back in April of 2010. The index stood at 101.4 which represents a level that […]

Proper Planning for Your Mortgage Application

With good preparation, most things are easier. That works in mortgages too! Today, I want to give you some ideas that can make your mortgage experience less painful. Income Items: Gather your documents. Today, many people will have to produce 2 years’ complete tax returns, including W2’s, 1099’s, K1’s, and all the schedules, as well […]


Everybody Calm Down – The Market IS Recovering

It didn’t take long for the naysayers in real estate to jump all over the National Association of Realtors’ Existing Sales Report which was released last week. It is true that sales were down 2.6% from the previous month. However, monthly variations should not be the determining factor in deciding where the market is going. […]


Rents On the Rise


Mortgages and Veterans

One of the great things about this country is that we do a lot for those who have served us. And in the area of real estate financing, we can do exceptional things. Understand that the VA (Veterans’ Administration) is, in the mortgage world, like HUD is with FHA financing. They are an insurance company, […]

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New Foreclosure Wave: What Will Be the Impact?

We reported two months ago that foreclosures will significantly increase this summer as a result of The National Mortgage Settlement. This month, both Reuters (Americans brace for next foreclosure wave) and CNNMoney (Flood of foreclosures to hit the housing market) concurred. However, we believe this increase in distressed properties will have a much different impact […]


3 Questions You Must Answer When Buying a Home

If you are thinking about purchasing a home right now, you are surely getting a lot of advice. And some of that advice is probably negative. Why buy now with prices still falling? Don’t you realize real estate is no longer a good investment? Don’t you know that people who bought six years ago lost […]

6 Don’ts After You Apply For A Mortgage

I learned a long time ago that “common sense is NOT common practice“. This is especially the case during the emotional time that surrounds buying a home, when people tend to do some non-commonsensical things. Here are a few that I’ve seen over the years that have delayed (and even killed) deals: Don’t deposit cash into […]


Americans Predict Rents and Home Prices to Increase

We report on Fannie Mae’s Quarterly National Housing Survey every ninety days. Fannie Mae also does a monthly survey covering different aspects of the housing market. Here are some record numbers we found interesting in Fannie Mae’s March report (emphasis added). Thirty-three percent of respondents expect home prices to increase over the next 12 months, the […]

Ultimate Proof I Believe NOW IS THE TIME TO BUY!

I truly believe that now is one of the greatest times in American history to buy a home whether it is a primary residence, a vacation home, or an investment. Cynics may believe I speak highly of the benefits of owning real estate simply because I am in the industry as a speaker and lecturer. […]


What It Means To Be an ‘EXPERT’ in Real Estate

If you are either buying or selling a home in today’s market, you need a real estate expert. However, we must realize what the term ‘expert’ actually means. An expert in any area cannot give perfect advice as no one can predict the future. But they can give excellent advice based on their insight into […]


Why People Really Buy a Home [INFOGRAPHIC]


The 4 C’s of Mortgage Underwriting

With Spring upon us, and new buyers out looking for houses, I thought today might be a good time to review the basics of what lenders look for as they decide to approve (or deny) mortgage applications. For at least 25 years, I have heard them called “The 4 C’s of Underwriting”- Capacity, Credit, Cash, […]


National Housing Survey 2012

Each quarter, Fannie Mae releases their National Housing Survey. They survey the American public on a multitude of questions concerning today’s housing market. We like to pull out some of the findings we deem most interesting each time it is released. Here they are for the most recent report: 84% of the general population believes […]

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Real Estate: Sales Increasing. Prices – Not Yet.

In yesterday’s blog post, we explained that many experts believe home sales will increase in 2012. Today, we want to make sure that our readers realize that it will still take time for prices to begin to appreciate. Pricing is about supply and demand. Though demand is increasing, there is still a large supply of […]


Housing Market: About to SPRING Back

We believe that 2012 will be the year that home sales start to climb again. Over the past thirty days, more and more experts are saying the same thing. Jamie Dimon, JPMorgan Chase CEO “I believe we’re very close to the inflection point. People look at prices that are still coming down but all the […]

Spring Market Looks VERY Promising

The Spring market is upon us. Professionals across the country are reporting that buyer activity is very strong. Purchasers are beginning to realize that this is one of the greatest times in American real estate to buy a home. There are basically four reasons for this: They realize that it is the COST of the […]


More Affordable To Buy in 98% of Major Metros

Last week, Trulia released their Winter 2012 Rent vs. Buy Index. In the index, they report that: “After years of home price declines and tightening rental markets, home ownership is now more affordable than renting in all but two of the 100 largest metros – even in expensive real estate markets such as New York, […]

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Enough Said!!

Click on the image for the article. 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 see how […]


First Time Buyers: The Stats [INFOGRAPHIC]

Different style. Tell us what you think.

Spring Has Sprung

Here comes Spring, historically the time of year when buyers awake from the winter slumber of the holidays and snowfall, and go on their pilgrimage to look for new housing. Houses look better in Spring with green grass, blooming trees, and flowers. Plus, buyers who find a home in the next 60 days can close […]

Rents Rising as Rental Availability Shrinks

Because of the challenges in the current economy, many families have either decided to rent or been forced to rent. How has this impacted rental options and the cost of the available options? HousingWire recently quoted Paul Dales, senior economist with Capital Economics: “As a consequence of Americans being less willing and less able to […]