For Buyers

Sept. 1, 2021

What You Can Do Right Now To Prepare for Homeownership

 

What You Can Do Right Now To Prepare for Homeownership | MyKCM

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com:

The first half of 2021 has seen the fastest growth in rent prices …

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Aug. 20, 2021

Options for First-Time Homebuyers

Options for First-Time Homebuyers

Options for First-Time Homebuyers [INFOGRAPHIC] | MyKCM

Some Highlights

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Aug. 19, 2021

More Young People Are Buying Homes

 

More Young People Are Buying Homes | MyKCM

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief.

Odeta Kushi, Deputy Chief Economist for First Americanexplains why millennials have put …

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Aug. 18, 2021

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand

 

Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand | MyKCM

One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity.

However, demand isn’t …

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Aug. 17, 2021

What Does Being in a Sellers’ Market Mean?

 

What Does Being in a Sellers’ Market Mean? | MyKCM

Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house?

It …

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Aug. 11, 2021

Are Houses Less Affordable Than They Were in Past Decades?

 

Are Houses Less Affordable Than They Were in Past Decades? | MyKCM

There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than …

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Aug. 10, 2021

Looking for a Place To Call Home? Consider a Condominium.

 

Looking for a Place To Call Home? Consider a Condominium. | MyKCM

It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium …

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Aug. 5, 2021

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

 

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes | MyKCM

In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported:

60% of people who were looking to buy a home in 2020 said they'd prefer new construction to an existing home.

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Aug. 3, 2021

With Rents on the Rise – Is Now the Time To Buy?

 

With Rents on the Rise – Is Now the Time To Buy? | MyKCM

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes:

Beyond simply recovering to …

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Aug. 2, 2021

Key Questions To Ask Yourself Before Buying a Home

 

Key Questions To Ask Yourself Before Buying a Home | MyKCM

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best …

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