Market Reports

June 15, 2017

Are Home Prices Approaching Bubble Territory?

 

Are Home Prices Approaching Bubble Territory? | MyKCM

As home values continue to rise, some are questioning whether we are approaching another housing bubble. Zillow just reported that:

“National home values have surpassed the peak hit during the housing bubble and are at their highest value in more than a decade.”

Though that statement is correct …

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Posted in Market Reports
May 26, 2017

How's the Real Estate Market? Find Out What the Experts Are Saying

 

How's the Real Estate Market? Find Out What the Experts Are Saying | MyKCM

As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying:

Doug Duncan, Fannie Mae Chief Economist

“Positive demographic factors should continue to reshape the housing market, as rising employment and …

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Posted in Market Reports
May 1, 2017

Is the Current Pace of Home Sales Maintainable?

 

Is the Current Pace of Home Sales Maintainable? | MyKCM

There are some experts questioning whether the current pace of residential home sales is maintainable. Are too many people buying homes like in 2004-2006? Are we headed for another housing crisis? Actually, if we look closely at the numbers, we can see that we are looking at a very …

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April 28, 2017

Homes are Selling Fast Across the Country [INFOGRAPHIC] |

 

Homes are Selling Fast Across the Country [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
  • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home …
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Posted in Market Reports
March 29, 2017

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC]

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months …
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Posted in Market Reports
March 23, 2017

The Foreclosure Crisis: 10 Years Later

 

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Posted in Market Reports
March 23, 2017

The Foreclosure Crisis: 10 Years Later

 

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Posted in Market Reports
March 22, 2017

What Are the Experts Saying about Mortgage Rates?

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Posted in Market Reports
March 16, 2017

Which Homes Have Appreciated the Most?

 

Which Homes Have Appreciated the Most? | MyKCM

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have …

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Posted in Market Reports
March 10, 2017

Spring Forward: The Difference An Hour Makes

 

Spring Forward: The Difference An Hour Makes [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time.
  • Unless of course, you are a resident of Arizona or Hawaii!
  • Every hour in the United States: 649 homes are sold, 177 homes regain …
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Posted in Market Reports