Top Reasons to Own Your Home [INFOGRAPHIC]

Top Reasons to Own Your Home [INFOGRAPHIC] | MyKCM

Some Highlights: June is National Homeownership Month! Now is a great time to reflect on the many benefits of homeownership that go way beyond the financial. What reasons do you have to own your own home?

Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC]

Drop in Inventory Fuels Sales Slowdown [INFOGRAPHIC] | MyKCM

Some Highlights: Existing Home Sales are now at an annual pace of 5.46 million. Inventory of existing homes for sale dropped to a 4-month supply, marking the 35th month in a row of declines. The median price of homes sold in April was $257,900. This is the 74th consecutive month of year-over-year price gains.

Is Your First Home Within Your Grasp Now? [INFOGRAPHIC]

Is Your First Home Within Your Grasp Now? [INFOGRAPHIC] | MyKCM

Some Highlights: According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32. More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now!

50% of Homes Sold in 30 Days in March [INFOGRAPHIC]

50% of Homes Sold in 30 days in March [INFOGRAPHIC] | MyKCM

Some Highlights: The National Association of REALTORS® recently surveyed their members for their 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 sales, prices and market conditions. Homes sold in … Read More

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC]

Existing Home Sales Grow Despite Low Inventory [INFOGRAPHIC] | MyKCM

Some Highlights: According to the latest Existing Home Sales Report from the National Association of Realtors, sales grew 1.1% in March to an annual pace of 5.60 million. This is the strongest pace since November of 2017. Inventory levels dropped year-over-year for the 34th consecutive month and are now 7.2% lower than March 2017 levels, … Read More

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! The credit score requirements for mortgage approval continue to fall.

A Tale of Two Markets [INFOGRAPHIC]

A Tale of Two Markets [INFOGRAPHIC] | MyKCM

Some Highlights: A trend that has been emerging for some time now is the contrast between inventory & demand in the Premium & Luxury Markets vs. the Starter & Trade-Up Home Markets and what that’s, in turn, doing to prices! Inventory continues to rise in the luxury & premium home markets which is causing prices … Read More