Real Estate News

March 23, 2020

A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis 

A Recession Does Not Equal a Housing Crisis | MyKCM

Some Highlights

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown ...
View More
Posted in Real Estate News
Feb. 27, 2020

The longer you own a home, the more equity you gain

How Much “Housing Wealth” Can You Build in a Decade?

How Much “Housing Wealth” Can You Build in a Decade? | MyKCM

Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of ...

View More
Posted in Real Estate News
Jan. 7, 2020

Big Demand for Small Homes

Big Demand for Small Homes

Big Demand for Small Homes | MyKCM

Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different.

Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as ...

View More
Posted in Real Estate News
Dec. 30, 2019

2020 Forecast Shows Continued Home Price Appreciation

2020 Forecast Shows Continued Home Price Appreciation

2020 Forecast Shows Continued Home Price Appreciation | MyKCM

Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year:2020 Forecast Shows Continued Home Price Appreciation | MyKCMAdditionally, ARCH Mortgage Insurance Company in their current Housing and Mortgage Market Review revealed their ...

View More
Posted in Real Estate News
Nov. 19, 2019

Seabrook, Texas is named Best City to Live in Texas

According to Moneyinc.com Seabrook, Texas is named Best City to Live in Texas. Seabrook received livability awards that rank it as the number one city in Texas. Seabrook is a small city on Galveston Bay with about 12,000 residents.

Seabrook is loaded with amenities and opportunities for shopping ...

View More
Posted in Real Estate News
Sept. 12, 2019

What Is the Probability That Home Values Sink?

What Is the Probability That Home Values Sink?

What Is the Probability That Home Values Sink?| MyKCM

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years ...

View More
Posted in Real Estate News
Sept. 3, 2019

What Is the “Cost of Convenience” When Selling Your Home?

iBuyers: What Is the “Cost of Convenience” When Selling Your Home?

iBuyers: What Is the “Cost of Convenience” When Selling Your Home? | MyKCM

When thinking about selling their house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer?

According to Jovio, the definition is:

“A company or investor that uses Automated Valuation Models (AVMs ...

View More
Posted in Real Estate News
Sept. 3, 2019

A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC] | MyKCM

Some Highlights:

  • There is plenty of talk in the media about a pending economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th ...
View More
Posted in Real Estate News
Aug. 27, 2019

What’s the Latest on Interest Rates?

What’s the Latest on Interest Rates?

What’s the Latest on Interest Rates? | MyKCM

Mortgage rates have fallen by over a full percentage point since Q4 of 2018, settling at near-historic lows. This is big news for buyers looking to get more for their money in the current housing market.What’s the Latest on Interest Rates? | MyKCMAccording to Freddie Mac’s Primary Mortgage Market Survey ...

View More
Posted in Real Estate News
Aug. 19, 2019

Busting the Myth About a Housing Affordability Crisis

Busting the Myth About a Housing Affordability Crisis

Busting the Myth About a Housing Affordability Crisis | MyKCM

It seems you can’t find a headline with the term “housing affordability” without the word “crisis” attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate. However, we must realize it’s not just ...

View More
Posted in Real Estate News