Home Sales Skyrocketing!!
Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report. The numbers shocked many analysts as they revealed a 10.4% increase over the same month last year.
This is the highest number of sales since Septe...
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KCM CREW
We Need You(r House)!!
Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has increased dramatically. At the same time, housing inventory is decreasing especially at the lo...
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KCM CREW
Housing Market: Freddie Mac Remains Optimistic
The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”.
What made Freddie Mac...
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KCM CREW
I Need A VACATION... Home! [INFOGRAPHIC]
Some Highlights:
- Vacation Home Sales were up 57.4% in 2014
- 1.13 Million Vacation Homes Sold
- 2014 marked the highest level of sales in the U.S. since 2003
Selling Your House in 2015? Don’t Miss this Opportunity
Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item.
...
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KCM CREW
How Quickly Are Homes Selling In Your State? [INFOGRAPHIC]
Some Highlights:
- The National Association of REALTORS® surveyed their members for their Confidence Index
- The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
- Homes sold in less than 90 days in 36 out of 50 states and Washington D.C.
- Only 3 states had a median sold date in the 121 - 210 day range
Housing Market is Healthiest in Years!
According to Nationwide’s recently unveiled, Health of Housing Market (HoHM) Report, the US housing market is at it’s healthiest levels since the index’s creation in 2001.
The index analyzes the health of the housing market across the country ...
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KCM CREW
Pending Sales Surge: Great Sign for the Housing Market
The most recent Pending Homes Sales Index from the National Association of Realtors revealed that homes going into contract in February increased to their highest level since June 2013.
The Pending Home Sales Index is a leading indicator for t...
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KCM CREW
Selling Your House? Price it Right Up Front
In today’s market, where demand is outpacing supply in many regions of the country, pricing a house is one of the biggest challenges real estate professionals face. Sellers often want to price their home higher than recommended, and many agents g...
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KCM CREW
Industry Experts Agree: Housing Supply Too Low
Last week, we reported on the lack of housing supply and how that was impacting the real estate market. Today, we want to let you know what other industry experts are saying.
Daren Blomquist, RealtyTrac Vice President:
“It’s kind of a seesaw ...
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KCM CREW
Why You Should Sell Now!
As the temperature rises, buyers are coming out ready to purchase their dream home. Inventory is still below historic numbers and demand is strong. Don’t miss out on this great opportunity for you and your family.
Here are five reasons to list...
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KCM CREW
Housing Inventory Slowly Disappearing
The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) released their latest Existing Home Sales Report this week.
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KCM CREW
Inventory Levels & Demand
Amidst reporting on the fact that sales of existing homes rose 1.2% from January, and outpaced year-over-year figures for the fifth consecutive month, was the news that total unsold housing inventory is at 4.6-month supply.Baby Boomers: Home Is Where The Heart Is
Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why…
In Merril...
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KCM CREW
5 Demands to Make on Your Listing Agent
The busy spring real estate season is here. Are you thinking of selling your house? Are you dreading having to deal with strangers walking through the house? Are you concerned about getting the paperwork correct?
Hiring a professional real est...
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KCM CREW
Location, Location, Location
A recent Demand Institute report revealed “nearly half of all American households plan to move at some point in the future.”
Seventy-five percent of those surveyed in the report cited one or more ‘location-related reasons’ for their eagerness ...
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KCM CREW
Is the Housing Market Back? Ask Lowes & Home Depot!
A recent Bloomberg Business article reports that both Lowes & Home Depot experienced fourth quarter profits that beat revenue projections by the most in six quarters. So what does that mean to the housing market?
Consumer Confidence
Lowe’s ...
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KCM CREW
Hurry Up!! Call your Agent and List your House!!
That headline might be a little aggressive. However, as the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!
We realize that existing home sales s...
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KCM CREW
Housing Market to “Spring Forward”
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward”! Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
...
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KCM CREW
New Construction = New Competition
For the last several years, home sellers had to compete with huge inventories of distressed properties (foreclosures and short sales). The great news is that the supply of these properties is falling like a rock in the vast majority of housing ma...
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KCM CREW
Selling Your Home? The Importance of Using an Agent
When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold.
In order to acco...
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KCM CREW
Home Sales are NOT Collapsing!
The National Association of REALTORS (NAR) just released their Existing Home Sales report and some have taken the results and ran with headlines like:
“Existing home sales collapse in January despite low mortgage rates”.
Let’s take a closer loo...
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KCM CREW
Two Graphs that Scream - List Your Home Today!
We all learned in school that when selling anything, you will get the most money if the demand for that item is high and the inventory of that item is low. It is the well-known Theory of Supply & Demand.
If you are thinking of selling your...
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KCM CREW
Consumer Confidence at Highest Level in Over a Decade
Two recently released reports reveal that the American public is starting to feel much better about the U.S. economy. The University of Michigan’s Surveys of Consumers showed that:
“Consumer optimism reached the highest level in the past decade ...
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KCM CREW
Real Estate Heading in the “Right Direction”
The housing market has taken a great turn toward recovery over the last few years. The opinions of the American public toward real estate took longer to recover, until recently.
For the first time since 2006, Americans have an overall positive...
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KCM CREW