Market Updates

Jan. 3, 2023

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Confused About What’s Going on in the Housing Market? Lean on a Professional. | MyKCM

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today …

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Posted in Market Updates
Dec. 27, 2022

Homeowners Still Have Positive Equity Gains over the Past 12 Months

Homeowners Still Have Positive Equity Gains over the Past 12 Months

Homeowners Still Have Positive Equity Gains over the Past 12 Months | MyKCM

If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates.

Equity is …

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Posted in Market Updates
Nov. 22, 2022

Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today | MyKCM

Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First Americansays:

“. . . don’t expect a housing bust like …

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Posted in Market Updates
Oct. 18, 2022

What Are Experts Saying About the Fall Housing Market?

What Are Experts Saying About the Fall Housing Market?

What Are Experts Saying About the Fall Housing Market? | MyKCM

The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall.

To help you …

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Posted in Market Updates
Sept. 20, 2022

Three Things Buyers Can Do in Today’s Housing Market

Three Things Buyers Can Do in Today’s Housing Market

Three Things Buyers Can Do in Today’s Housing Market | MyKCM

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):

“Compared to one year ago …

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Posted in Market Updates
Sept. 6, 2022

What’s Actually Happening with Home Prices Today?

What’s Actually Happening with Home Prices Today?

What’s Actually Happening with Home Prices Today? | MyKCM

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and …

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Posted in Market Updates
Aug. 23, 2022

What Would a Recession Mean for the Housing Market?

What Would a Recession Mean for the Housing Market?

What Would a Recession Mean for the Housing Market? | MyKCM

According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a …

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Posted in Market Updates
Aug. 9, 2022

3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing Bubble

3 Graphs To Show This Isn’t a Housing Bubble | MyKCM

With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it …

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Posted in Market Updates
Aug. 2, 2022

A Real Estate Professional Helps You Separate Fact from Fiction

 

A Real Estate Professional Helps You Separate Fact from Fiction

A Real Estate Professional Helps You Separate Fact from Fiction | MyKCM

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate …

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Posted in Market Updates
July 26, 2022

What Does an Economic Slowdown Mean for the Housing Market?

 

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market? | MyKCM

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do …

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Posted in Market Updates