We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told […]
Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are five of those reasons. 1. Demand is Strong […]
Here are the three days a year that the most real estate listings expire: 12/31 – Because many agents convince the seller to list “until the end of the year” 12/30 – Because some agents don’t realize there are 31 days in December 6/30 – Because many agents taking listings early in the year […]
Last year Nielsen and the Association of Hispanic Advertising Agencies (AHAA) identified Upscale Latinos as the most influential segment since the Baby Boomers. Upscale Latinos are becoming a powerful population segment and have grown by more than two million since 2010. “Recognizing the diversity within the Hispanic population in the U.S., Nielsen and AHAA embarked […]
A recent study by the National Association of Realtors, Home Buyer and Seller Generational Trends, revealed that Millennials are a much higher percentage of the overall housing market than the public may realize. Here are the breakdowns: BUYERS SELLERS Bottom Line Contrary to what many believe, Millennials make up the largest percentage of all buyers […]
There has been a lot written about how buying a home is less expensive than renting one in most parts of the country. Rents are skyrocketing and homes are still at great prices. These two situations are also causing some sellers to consider renting their home instead of selling it. After all, a homeowner can […]
As a KCM Member, you have often heard us say that we need to always approach every appointment with the ‘heart of a teacher’. We must take the time to simply and effectively explain each point of our conversations, realizing that the consumer does not have the knowledge or experience we have. Real estate is […]
Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be […]
Some housing experts are concerned that the housing recovery seems to be stalling. Some are blaming the one percent increase in mortgage interest rates since the first quarter of last year. Others are pointing at an economy that is improving but only at a snail’s pace. Still, others are questioning whether homeownership is even considered […]
American consumers’ perception of the residential real estate market was revealed in a recent survey by Edelman Berland. They interviewed 2,500 Americans who are “in the market” to buy or sell a home. Respondents were between 25-64 years old with a household income of at least $50,000. Here are the key findings of the survey: […]
National Homeownership Month actually started as a week-long celebration of homeownership during the Clinton administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month. Here is an excerpt from his proclamation: “Homeownership is an important part of the American Dream…A home provides shelter and a safe place where families […]
Last week the FHFA released the 1st Quarter Home Prices for 2014. Looking at the breakdown regionally, year-over-year, prices are up across the country. We always like to give you the regional outlook so you can compare different areas of the country. Breaking down prices by state, with the exception of Vermont, the entire country […]
Many sellers are still hesitant about putting their house up for sale. Where are prices headed? Where are interest rates headed? Can buyers qualify for a mortgage? These are all valid questions. However, there are several reasons to sell your home sooner rather than later. Here are five of those reasons. 1. Demand is Strong […]
Our guest blogger today is Nikki Buckelew. As the Founder and CEO of the Seniors Real Estate Institute, Nikki brings great insight into the Senior Market. – The KCM Crew It’s probably only natural for real estate agents to assume that most boomers or retirees bent on moving to a new city to enjoy their golden years […]
Many experts are currently discussing a variety of topics such as real estate as an investment, the movement on mortgage interest rates and reasons to buy now instead of waiting. It is important that we realize that this does not apply solely to the first time home buyer. The opportunity that exists in real estate today […]
A recent study revealed that the number of existing home owners planning to buy a home this year is about to increase dramatically. Some are moving up, some are downsizing and others are making a lateral move. Another study shows that over 75% of these buyers will, in fact, be in that first category: a […]
As we look forward to the weather warming up even more and the changing of the seasons from Spring to Summer… we want to take this time to remind you that you have an excellent resource available to you in the form of our Quarterly Buyer and Seller Guides. These guides can be used as […]
As you enjoy your weekend, remember the reason for the holiday. Many people; even some you likely know; have made sacrifices that allow us to even be in business today. Cherish your barbecues with family and friends, and appreciate that there are people who take it upon themselves to make sacrifices, so that we do […]
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