For Buyers

20170317 Luck KCM

Don’t Let Your Luck Run Out [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing / By

Some Highlights:

  • The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time.
  • Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, while home prices are predicted to appreciate by 4.8% according to CoreLogic.
  • Waiting until next year to buy could cost you thousands of dollars a year for the life of your mortgage!

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20170316 Share KCM

Which Homes Have Appreciated the Most?

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

Which Homes Have Appreciated the Most? | Simplifying The MarketHome values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

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20170315 Share KCM

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture | Simplifying The MarketThe inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower than this time last year, marking the 20th consecutive month of year-over-year drops.

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20170314 Share KCM

Mortgage Interest Rates Went Up Again… Should I Wait to Buy?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers / By

Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rates to continue to rise over the next four quarters.

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The Difference A Hour Makes KCM

Spring Forward: The Difference An Hour Makes [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By

Some Highlights:

  • Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time.
  • Unless of course, you are a resident of Arizona or Hawaii!
  • Every hour in the United States: 649 homes are sold, 177 homes regain equity (meaning they are no longer underwater on their mortgage), and the median home price rises $1.86!

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