, ,

Housing: Year End Reports Reveal Market Coming Back

Every year-end housing report revealed that the real estate market is recovering quite nicely. Here is a quick synopsis of each: Existing Home Sales Report Total existing-home sales rose 5.9 percent in November over last month Sales are 14.5 percent higher than November 2011 Sales are at the highest level since November 2009 The national […]

, ,

The Reasons People Move [INFOGRAPHIC]

Why People Move

, ,

5 Real Estate Trends to Look For in 2013

Predicting trends during volatile economic times in American is no easy task. However, we are going to give it our best shot. We strongly believe these are the five real estate items we should keep an eye on in 2013: Demand for Housing Will Continue to Surge The housing market has turned the corner and […]

, ,

The 5 Biggest Real Estate Stories of 2012

At KCM, we concentrate on the trends that impact the housing market. Here are what we believe were the biggest stories of 2012. Housing Was a Tailwind not a Headwind to the National Economy Over the last several years, many experts claimed that the housing market would not recover until the overall economy recovered. Others, […]

, ,

5 Steps to Success in Real Estate: Webinar Replay

For Agents’ Eyes Only… Today, we give you the opportunity to view a webinar we hosted yesterday. Agents said it was the best webinar we have ever done. Enjoy! – The KCM Crew To view the replay, click here. The KCM CrewWe believe every family should feel confident when buying & selling a home. KCM helps […]

,

Homeownership as an Investment

In Real Estate: Today’s Golden Opportunity we compared the current housing market to the market for gold about a decade ago. Some commented on the fact that you can’t compare gold to real estate as an investment as gold is a very liquid asset and it would take more time and effort to sell a house. […]

,

Was 2012 a Better Year for Real Estate Than 2011?

There are still those questioning whether the housing market is truly making a comeback. We have decided to graph home sales over the last two years based on the National Association of Realtor‘s Pending Home Sales Report. We believe the graph removes all doubt. The methodology for the report as per NAR: The KCM CrewWe believe […]

, ,

House Prices: Where Are They Headed This Winter?

In a blog post last month, we projected that home values might actually begin to soften on a month-over-month basis throughout the winter. There are other expert analysts that are also notifying their readership of this possibility. Calculated Risk, in a post last week explained: “The monthly Case-Shiller house price indexes will show month-to-month declines […]

, ,

Luxury Housing Market Surges [INFOGRAPHIC]


, ,

Barbara Corcoran to Move-Up Buyers: DO IT NOW!

Barbara Corcoran on the TV Show Fast Money: “Right now, if you are upgrading to a bigger house, even if you’re selling at 10% off, you buy your new house at 10% off. Price appreciation is going to go much higher than people anticipate.” The KCM CrewWe believe every family should feel confident when buying […]

, ,

Will the Mortgage Forgiveness Act Be Extended?

The Mortgage Forgiveness Debt Relief Act of 2007 is set to expire at the end of the year. The act allows taxpayers to be excluded from paying taxes on forgiven debt in certain situations. As their website explains: “The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of […]

,

Harmful Effects from Changing the Listing Price?

With the housing market showing signs of a recovery, sellers may think they can list their homes at a higher price and adjust if necessary. That may not be a good strategy. This is a post we ran last year by Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing […]

, , ,

House and Condo Sales by Region [INFOGRAPHIC]

Existing Home Sales Report


,

Luxury Housing Market Beginning to Surge

The National Association of Realtors (NAR) in their last Existing Home Sales Report revealed that sales of homes over $1 million dollars in the country increased 44.1% over the same period last year. One of the reasons for this increase is that financing in the jumbo mortgage market is becoming more readily available. In an […]

, ,

NAR’s InfoGraphic on Home Buyers and Sellers 2012

Originally published by the National Association of Realtors (NAR). Click on the InfoGraphic to get original.

FROM NAR:

More than they have in the past decade, two-income married couples are fueling today’s home buying and selling market, and they are turning to REALTORS® to help them.

,

Shadow Inventory Shrinking…in Most Regions

The Mortgage Bankers Association (MBA) released their 3rd Quarter Delinquency Survey last week. The report revealed that both the delinquency and shadow inventory numbers are improving. DSNews, reporting on the survey, explained: “The Mortgage Bankers Association noted in a Thursday report that a four-year low in serious mortgage delinquencies and a drop in the percentage […]

,

Why Waiting Until Spring to Sell May NOT Make Sense

We have been happy to report that house prices have increased over the last several months. However, we have also warned that month-over-month prices since 2009 have softened in the fall and winter. We are beginning to see that situation repeat itself in 2012. CoreLogic, in their latest House Price Index revealed that prices increased […]

, , ,

Housing Inventory Shrinking Across Country [INFOGRAPHIC]

InfoGraphic

, ,

Where Are House Prices Headed?

We are often asked where we think home prices are headed over the next year. Recently, several groups have stepped forward and given their projections as to what level of appreciation we can expect by the end of 2013. Here is what they said: Demand Institute Study: 1.75% appreciation Urban Land Institute: 2% Home Price […]

, , ,

Impact Foreclosures Have on Values [INFOGRAPHIC]

,

Warren Buffet Bets Big on Real Estate

As reported on Bloomberg: “Warren Buffett’s Berkshire Hathaway Inc. is extending its bet on the U.S. housing market by forming a venture with  Brookfield Asset Management Inc. as low interest rates, inventory and prices spur a real-estate rebound. Berkshire’s Home Services of America Inc. unit will be the majority owner of the venture to manage a […]

, , ,

National Housing Metrics [INFOGRAPHIC]

InfoGraphic

, ,

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 […]

, ,

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 […]

, ,

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, […]