Buying a Home

Aug. 16, 2018

Housing Market: Another Gigantic Difference Between 2008 and 2018

Housing Market: Another Gigantic Difference Between 2008 and 2018 | MyKCM

Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis.

However, …

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Posted in Buying a Home
Aug. 14, 2018

Have You Outgrown Your Starter Home?

Have You Outgrown Your Starter Home? | MyKCM

For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment.

It may …

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Posted in Buying a Home
Aug. 8, 2018

The Wave of Millennial Homebuyers Continues to Swell

The Wave of Millennial Homebuyers Continues to Swell | MyKCM

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream.

Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) …

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Posted in Buying a Home
Aug. 7, 2018

5 Reasons to Hire a Real Estate Professional Before Entering the Market!

5 Reasons to Hire a Real Estate Professional Before Entering the Market! | MyKCM

Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. …

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Aug. 6, 2018

Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner! | MyKCM

In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.

Bach suggests that homebuyers should, “Take out …

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Posted in Buying a Home
Aug. 3, 2018

Home Buying Myths Slayed [INFOGRAPHIC]

Home Buying Myths Slayed [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The average down payment for first-time homebuyers is only 6%!
  • Despite mortgage interest rates being over 4%, rates are still below historic numbers.
  • 88% of property managers raised their rents in the last 12 months!
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Posted in Buying a Home
Aug. 2, 2018

3 Things You'll Need to Get a Home Loan

There are many misconceptions out there when it comes to qualifying for a home loan. Whether it's down payment or credit, let's get together today so I can walk you through the process. You may be surprised to find out that you already qualify today!

 

What’s my …

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Posted in Buying a Home
Aug. 2, 2018

Are Lending Standards Propping Up Home Prices?

Are Lending Standards Propping Up Home Prices? | MyKCM

Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say:

“The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of …

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Posted in Buying a Home
Aug. 1, 2018

Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.

In the six years that Trulia has conducted …

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Posted in Buying a Home
July 31, 2018

You Need an Agent Who Will Always Put You First

You Need an Agent Who Will Always Put You First | MyKCM

Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while …

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