Home Buyers

Feb. 14, 2017

First Comes Love… Then Comes Mortgage?

 

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 …

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Posted in Home Buyers
Feb. 13, 2017

3 Questions to Ask If You Want to Buy Your Dream Home

 

3 Questions to Ask If You Want to Buy Your Dream Home | MyKCM

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask …

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Posted in Home Buyers
Feb. 10, 2017

Mortgage Rates by Decade Compared to Today

Some Highlights:

  • The interest rate you secure for your mortgage greatly influences your monthly housing costs.
  • In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.
  • Interest rates are still at historic lows; this is a great time …
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Posted in Home Buyers
Feb. 10, 2017

5 Reasons to Love Using A RE Pro

 

5 Reasons to Love Using A RE Pro [INFOGRAPHIC] | MyKCM

Highlights:

  • Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!
  • They are there for you to help with paperwork, explaining the process, negotiations, and helping you with pricing (both when …
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Posted in Home Buyers, Sellers
Feb. 9, 2017

Do Homeowners Realize Their Equity Position Has Changed?

 

Do Homeowners Realize Their Equity Position Has Changed?

Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year.

A study by …

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Posted in Home Buyers, Sellers
Feb. 9, 2017

The Impact of Homeownership on Educational Achievement

 

The Impact of Homeownership on Educational Achievement | 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 …

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Posted in Home Buyers
Feb. 8, 2017

3 Questions to Ask Before Buying Your Dream Home

 

3 Questions to Ask Before Buying Your Dream Home | MyKCM

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask …

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Posted in Home Buyers
Feb. 7, 2017

Homeownership Offers Stability & Wealth Creation

 

Homeownership Offers Stability & Wealth Creation

Homeownership Offers Stability & Wealth Creation | MyKCM

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are:

  1. They want the opportunity to build equity.
  2. They want a stable and safe environment …
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Posted in Home Buyers
Feb. 6, 2017

Buying a Home Can Be Scary...Know the Facts

 

Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC]

Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC] | MyKCM

Some Highlights:

  • 36% of Americans think they need a 20% down payment to buy a home.
  • 44% of Millennials who purchased a home this year have put down less than 10%.
  • 71.8% of loan applications were approved last …
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Posted in Home Buyers
Feb. 6, 2017

Lack of Homes for Sale Slowing Down the Housing Market

 

Lack of Homes for Sale Slowing Down the Housing Market

Lack of Homes for Sale Slowing Down the Housing Market | MyKCM

The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically …

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