More Generations Are Living under One Roof This Year
This year challenged us to reprioritize everything – from the way we use our time to where we work, how we socialize and gather together, and our needs at home.
Knowledge Is Power on the Path to Homeownership
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there.
4 Reasons Why the Election Won’t Dampen the Housing Market
Tomorrow, Americans will decide our President for the next four years.
Buyer Interest Is Growing among Younger Generations
The demand for homes this year is extraordinary as record-breaking numbers of hopeful buyers continue to shop for homes.
Do You Need to Know More about Forbearance and Mortgage Relief Options?
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so.
Do You Have Enough Money Saved for a Down Payment?
One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment.
Should You Buy a Retirement Home Sooner Rather than Later?
Every day in the U.S., roughly 10,000 people turn 65.
Is it Time to Move into a Single-Story Home?
Once the kids have left the nest, you may be wondering what to do with all of the extra space in your home.
How Will the Presidential Election Impact Real Estate?
The year 2020 will be remembered as one of the most challenging times of our lives.
Today’s Buyers Are Serious about Purchasing a Home
Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it.
Homeownership Rate Continues to Rise in 2020
So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles.
Two Big Myths in the Homebuying Process
The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals.
Confidence Is the Key to Success for Young Homebuyers
Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process.
The Many Benefits of Aging in a Community
There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens.
How Trusted Professionals Make Homebuying Easier to Understand
In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy.
Homeownership Rate on the Rise to a 6-Year High
Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high.
Does “Aging in Place” Make the Most Sense?
A desire among many seniors is to “age in place.” According to the Senior Resource Guide, the term means, “…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.” There is no doubt about it – there’s a comfort in staying in a home you’ve lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the best option for everyone.
How to Avoid a Gender Gap When Investing in the Housing Market
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple ways to arm yourself with the information you need to prepare in advance, you’re more likely to feel like you’ve won when the keys to your new house are in your pocket.
Should I Sell My House This Year?
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market.
First-Time Buyers Are Searching for Existing Homes This Year
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4 2019.
How Buyers Can Win By Downsizing in 2020
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home.
Where Homebuyers Are Heading By Generation [INFOGRAPHIC]
![Where Homebuyers Are Heading By Generation [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2020/01/17105726/20200117-NM-1-scaled.jpg)
Some Highlights:
- Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market.
- A strong economy and lower mortgage rates have made it easier for many would-be buyers to get into the market. According to realtor.com, it just depends on which market.
- To find the top market in your area, contact a local real estate professional.
Housing Inventory Vanishing: What Is the Impact on You?
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years.
Buying a Home Early Can Significantly Increase Future Wealth
According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60.
Millennials Are on the Move as First-Time Homebuyers [INFOGRAPHIC]
![Is Your First Home Now Within Your Grasp? [INFOGRAPHIC] | Keeping Current Matters](https://files.keepingcurrentmatters.com/wp-content/uploads/2019/12/05114658/20191206-NM-scaled.jpg)
Some Highlights:
- According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time homebuyers is 32.
- With more millennials entering a homebuying phase of life, they are driving a large portion of the buyer appetite in the market, keeping buyer activity strong.
- More and more “old millennials” (ages 25-36) are realizing that homeownership is now within their grasp, and they’re actively dominating the first-time homebuyer market!
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!
