Posts from September 2016

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Area News and Information | 16 Posts
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Community | 2 Posts
Distressed Properties | 9 Posts
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Housing Market | 89 Posts
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Money-Saving Tips | 1 Posts
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Ontario, Ohio | 2 Posts
Richland County | 3 Posts
Sell Home | 4 Posts
Selling Your Home | 52 Posts
Shelby Ohio | 2 Posts
Tips for Buyers | 1 Posts
Tips for Sellers | 1 Posts
Uncategorized | 1 Posts
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September
19

September 19th, 2016 by

 

Don't Underestimate the Importance of Using an Agent When Selling Your Home | MyKCM

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 accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser's behavior during the home buying process. For the past three years, 92% of all buyers have used the internet in their home search according to the National As...

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Categories: Distressed Properties
September
15

September 15th, 2016 by

 

Mortgage Standards Easing TOO MUCH? NO!! | MyKCM

There is no doubt that getting a mortgage is easier today than it was right after the housing crash a decade ago. However, the easing of credit availability has led to some questioning of whether or not we are headed for another housing crisis.

Let's put everything into the proper perspective.

Mortgage Credit Availability Over the Last Three Years

Getting a home mortgage has definitely gotten easier over the last three years as evidenced by the

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Categories: Distressed Properties
September
12

September 12th, 2016 by
Interest Rates Remain at Historic Lows… But for How Long? | MyKCM

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year.

The 30-year fixed mortgage rate has fallen half a percentage point since the beginning of the year and has remained at or below 3.5% for the last 11 weeks according to Freddie Mac's Primary Mortgage Market Survey

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Categories: Distressed Properties
September
9

September 9th, 2016 by
Home Prices Up 5.61% Across The Country! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
  • Vermont was the only one state where home prices are actually lower than they were last year.

 

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Categories: Housing Market
September
8

September 8th, 2016 by

 

 

New Construction Numbers: Now Versus 2005 | MyKCM

There is some thinking that the pace of the housing recovery is unsustainable and that we may be heading for another housing bubble. However, Jonathan Smoke, the Chief Economist of realtor.com explains the basic difference between 2005 and today:

"The havoc during the last cycle was the result of building too many homes and of speculation fueled by loose credit. That's the exact opposite of what we have today."

If we look at the number of new single family housing starts over the last 30 years, we can see that the numbers...

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Categories: Housing Market
Tags: sellers
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