Market Updates

July 27, 2021

A Look at Housing Supply and What It Means for Sellers

A Look at Housing Supply and What It Means for Sellers | MyKCM

One of the hottest topics of conversation in today’s real estate market is the shortage of available homesSimply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It …

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Posted in Market Updates
July 26, 2021

3 Hot Topics in the Housing Market Right Now

3 Hot Topics in the Housing Market Right Now | MyKCM

If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how …

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Posted in Market Updates
July 23, 2021

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market?

 

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC] | MyKCM

Some Highlights

  • The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price …
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Posted in Market Updates
July 22, 2021

Today’s Real Estate Market Explained Through 4 Key Trends

Today’s Real Estate Market Explained Through 4 Key Trends

Today’s Real Estate Market Explained Through 4 Key Trends | MyKCM

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers …

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Posted in Market Updates
July 21, 2021

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? | MyKCM

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving …

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Posted in Market Updates
July 20, 2021

3 Charts That Show This Isn’t a Housing Bubble

3 Charts That Show This Isn’t a Housing Bubble

3 Charts That Show This Isn’t a Housing Bubble | MyKCM

With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major …

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Posted in Market Updates
July 19, 2021

What You Should Do Before Interest Rates Rise

 

What You Should Do Before Interest Rates Rise

What You Should Do Before Interest Rates Rise | MyKCM

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with …

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Posted in Market Updates
July 16, 2021

Experts Agree Options Are Improving for Buyers

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC] | MyKCM

Some Highlights

  • Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall …
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Posted in Market Updates
July 15, 2021

Diving Deep into Today’s Biggest Buyer Concerns

Diving Deep into Today’s Biggest Buyer Concerns

Diving Deep into Today’s Biggest Buyer Concerns | MyKCM

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a …

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific …

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Posted in Market Updates