Posts from February 2017

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February
21

February 21st, 2017 by
Access: A Key Component in Getting Your House SOLD! | MyKCM

So, you've decided to sell your house. You've hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers.

There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to your agent so that he or she can show your home.

Here are five levels of access that you can give to buyers, along with a brief description:

  1. Lockbox on the Door – this...

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Categories: Housing Market
February
17

February 17th, 2017 by
Do You Know the Real Cost of Renting vs. Buying? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Historically, the choice between renting or buying a home has been a close decision.
  • Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious.
  • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own!
Categories: Housing Market
February
16

February 16th, 2017 by
The Impact of Homeownership on Civic Involvement | MyKCM

The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.' The study confirmed a long-standing belief of most Americans:

"Owning a home embodies the promise of individual autonomy and is the aspiration of most American households. Homeownership allows households to accumulate wealth and social status, and is the basis for a number of...

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Categories: Community
February
15

February 15th, 2017 by
The Great News About Rising Prices for Homeowners | MyKCM

Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home, which has caused prices to rise.

The great news about rising prices, however, is that according to CoreLogic's

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Categories: Housing Market
February
14

February 14th, 2017 by
First Comes Love… Then Comes Mortgage? | MyKCM

According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down payments and contribute to monthly housing costs makes buying a home more attainable.

But, many couples are also deciding to buy a home before spending what would be a down payment on a...

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Categories: Housing Market
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