Buying a Home

July 25, 2018

Will Your Current House Fit Your Needs in Retirement?

Will Your Current House Fit Your Needs in Retirement? | MyKCM

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to …

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July 20, 2018

What You Need to Know About the Mortgage Process [INFOGRAPHIC]

What You Need to Know About the Mortgage Process [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there …
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July 18, 2018

Demand for Homes to Buy Continues to Climb

Demand for Homes to Buy Continues to Climb | MyKCM

Across the United States, there is a severe mismatch between the low number of houses for sale and the high demand for those houses! First-time homebuyers are out in force and are being met with a highly competitive summer real estate market.

According to the 

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July 17, 2018

4 REAL Reasons Why We Buy A Home!

4 REAL Reasons Why We Buy A Home! | MyKCM

We often talk about why it makes financial sense to buy a home, but more often than not, the emotional reasons are the more powerful or compelling ones.

No matter what shape or size your living space is, the concept and feeling of home can …

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July 16, 2018

You Don't Need 20% Down

Saving for a down payment is often the biggest hurdle for homebuyers, but it doesn't have to be! Almost half of all homebuyers are unfamiliar with alternative down payment options (which allow as little at 3% down). Whether you have just started to save for a down payment, or have …

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July 16, 2018

First-Time Home Buyers Continue to Put Down Less Than 6%!

First-Time Home Buyers Continue to Put Down Less Than 6%! | MyKCM

According to the Realtors Confidence Index from the National Association of Realtors, 61% of first-time homebuyers purchased their homes with down payments below 6% in 2017.

Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified …

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July 13, 2018

Phoenix sees sharp increase in families renting rather than buying homes

The Phoenix metro has seen a 42 percent increase in renter families with children in the past decade, according to RentCafe.

 

https://www.bizjournals.com/phoenix/news/2018/07/10/phoenix-sees-sharp-increase-in-families-renting.html

 

-Awni & Chantell Abbas

Awntel Property Advisors 

5134 N Central Ave #101

Phoenix, Az 85012

Office: 602-472-3489

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July 12, 2018

House-Buying Power at Near-Historic Levels

House-Buying Power at Near-Historic Levels | MyKCM

We keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index

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Posted in Buying a Home
July 11, 2018

Rising Interest Rates Have Not Dampened Demand

Rising Interest Rates Have Not Dampened Demand | MyKCM

Since the beginning of the year, mortgage interest rates have risen over a half of a percentage point (from 3.95% to 4.52%), according to Freddie Mac. Even a small rise in interest rates can greatly impact a buyer’s monthly mortgage payment.

First American recently released …

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Posted in Buying a Home
July 6, 2018

5 Reasons Homeownership Makes 'Cents'

The American Dream of homeownership is alive and well. Before you sign another lease, let’s get together to help you better understand all your options.

 

What’s my home worth? 

Get a TRUE home value report at 

www.cenphxhomevalues.com

 

Interested in buying a home …

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