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Will Millennials Drive House Sales in 2013?

The cover story of last month’s Barron’s Magazine discussed the Millennial generation and the impact they will have on the economy including the housing sector. There have been many contrasting views about this age group and their feelings on whether or not homeownership is a part of their personal American Dream. Here are few questions […]

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Nothing Else Needs to Be Added

Gallup just released its poll, American Dream of Owning Home Lives On. Their conclusion? “Gallup data on homeownership provide strong support for the idea that the American Dream of owning a home continues to be alive and well. The majority of Americans who own a home plan on continuing to do so in the future, […]

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How Housing Is Leading Us Out of the Great Recession

We are often asked if the housing market can truly rebound if the all-round economy remains sluggish. We answer by explaining the housing market is not dependent on the economy but rather the economy is reliant on the housing market. Mark Zandi, Chief Economist at Moodys.com, addressed this issue in a recent report.  “Historically, housing […]

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FSBO? What You Should Know Before Trying [INFOGRAPHIC]

FSBO Infographic

Myths: The Earth Is Flat and Newspapers Sell Houses

With the housing market beginning to heat up, we are afraid some sellers may consider trying to sell their house as a For Sale By Owner (FSBO). This week we will be posting on the reasons that we believe trying to sell on your own may be a mistake. – KCM Crew It is amazing […]

The Homeowner Who Represents Himself is Dumb and …

With the housing market beginning to heat up, we are afraid some sellers may consider trying to sell their house as a For Sale By Owner (FSBO). This week we will be posting on the reasons that we believe trying to sell on your own may be a mistake. – KCM Crew A well-known legal profession […]

The Need for a Professional When Selling Your Home

With the housing market beginning to heat up, we are afraid some sellers may consider trying to sell their house as a For Sale By Owner (FSBO). This week we will be posting on the reasons that we believe trying to sell on your own may be a mistake. – KCM Crew Anyone in the […]

FSBOing: This Time It Was Embarrassing

With the housing market beginning to heat up, we are afraid some sellers may consider trying to sell their house as a For Sale By Owner (FSBO). This week we will  post the reasons that we believe trying to sell on your own may be a mistake. Here is an article we have run before […]

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Vacation Home Sales Rise in 2012

The American desire to own a second home as a vacation home is alive and well! The National Association of Realtors analysis of U.S. Census Bureau data shows there are 7.9 million vacation homes in the U.S. Their 2013 Investment and Vacation Home Buyers Survey shows vacation home sales improved in 2012. NAR Chief Economist […]

3 Reasons to Sell Your House Today! (Part III)

This week, we are going to look at the three reasons to sell your house now instead of waiting: demand is strong, supply is low and new construction will soon be your competition. – The KCM Crew Part III – New Construction Will Soon Be Your Competition Over the last several years, most homeowners selling […]

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3 Reasons to Sell Your House Today! (Part II)

This week, we are going to look at the three reasons to sell your house now instead of waiting: demand is strong, supply is low and new construction will soon be your competition. – The KCM Crew Part II – Housing Supply is Low A seller’s ability to sell their home in today’s real estate […]

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3 Reasons to Sell Your House Today! (Part I)

This week, we are going to look at three reasons to sell your house now instead of waiting: demand is strong, supply is low and new construction will soon be your competition. – The KCM Crew Part I – Demand for Real Estate is Much Stronger This Year When selling anything, owners can only hope […]

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NAHREP: State of Hispanic Homeownership Report

The National Association of Hispanic Real Estate Professionals’ recently released their The State of Hispanic Homeownership Report. The 24-page document offers an update on the Hispanic homebuyer market and traces Hispanics’s rise in household formations and reveals the variables that make them homeownership-ready and able to drive demand in the current homebuyer market. According to the […]

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WTH(eck)!?! More Crazy Real Estate Headlines

Number of Loans in Foreclosure Reaches a Three-Year Low Foreclosure Activity Rising in 2013 Both headlines above appeared in the media last week. The amazing part is that both headlines appeared on the same day and from the same media source (HousingWire)!! The first headline commented on the recently released Office of the Comptroller of the […]

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Two Additional Experts Upgrade their Pricing Forecast

Last Monday, we reported that several analysts had upgraded their projections for home price appreciation in 2013. A few days later, the Wall Street Journal revealed that two additional analysts had also upgraded their forecasts. Zelman & Associates “Ivy Zelman, chief executive of research firm Zelman & Associates, said Wednesday she was now expecting prices […]

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3 Financial Reasons to Buy a Home NOW! (Part I)

This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising at an accelerated rate, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part I – Prices Are Rising at an Accelerated Rate The price of a home is […]

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Will Economic Uncertainty Derail Real Estate’s Momentum?

Some are questioning whether the current rally in the real estate market will fall victim to financial uncertainty regarding the impending debt ceiling debate and sequestration. However, many experts believe housing will be able to maintain its current momentum. In a March 2013 report, Someone Say House Party?, analysts at Bank of America/ Merril Lynch […]

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Money Magazine: The Real Estate Market is Back

Last Friday, we ran an InfoGraphic from RealEstate.com that showed that the real estate market was coming back. Some objected that the information was from a survey of industry players that may have a natural bias. For the doubters, here is the cover of the latest edition of Money Magazine released this past weekend. The […]

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Real Estate is Back [INFOGRAPHIC]

Real Estate is Back
Shared with Permission: Real Estate is Back

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Homeownership: The Reports of Its Death…

Mark Twain and homeownership are both iconic pieces of the American experience. And like what happened to Twain in 1897, recent reports of homeownership’s death have been greatly exaggerated. Ever since the housing bubble burst, many so-called experts have predicted the end of homeownership as part of the American Dream. Today, we want to expose […]

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Real Estate: If You Waited to Sell, You May Be Brilliant

Many homeowners look back on 2006 house values and wonder why they didn’t sell at the height of the market. They lament the money they may have lost by not selling. However, there is another side to that story. If they did sell back in 2006, they would have still needed to live somewhere. Looking […]

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Real Estate: When She Speaks, We Should Listen

Ivy Zelman is an industry expert consistently recognized by Institutional Investor, Greenwich Associates, StarMine and The Wall Street Journal as an industry-leading analyst. What separates her from many other analysts is the fact that she has accurately called the real estate market continuously over the last decade. Her Position in 2006 She was one of […]

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Future House Values? Simple as Supply and Demand

For some time now, we have attempted to shed light on the fact that pricing in today’s real estate market, as it is in the markets for every other saleable item, will be determined by the concept of ‘supply and demand’. According to dictionary.com: “The relationship between supply and demand determines the price of a […]

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Are Lending Standards Loosening?

Celia Chen, an economist for Moody’s Analytics, recently reported on her projections regarding mortgage standards throughout 2013. “The housing recovery began in earnest in 2012, despite constraints placed by a still-tight mortgage lending environment. This year promises improvements as the drivers of tough credit standards reverse. First, consumer credit quality is improving, which will help […]

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Fewer Americans in ‘Underwater’ Situation

With home values falling dramatically from 2006 boom prices, many homeowners have found themselves in what is called a ‘negative equity’ or ‘underwater’ situation. This means the value of their home is currently less than the mortgage amount on that home. Many of these homeowners have been ‘locked’ into their houses because they were unable […]