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Real Estate Buying a Home is 35% Less Expensive than Renting!   In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% […]
Real Estate The Difference Your Interest Rate Makes [INFOGRAPHIC] Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest.
Real Estate Housing Update: Demand Up, Supply Down, Prices Increasing   Earlier this week, the National Association of Realtors (NAR) released their latestquarterly report. The report covered three important aspects of the housing market: Buyer Demand Supply of Housing Inventory Single Family Residential Prices Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR. […]
Real Estate You Want to Raise My Rent How Much? We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015. So if they don’t have new properties to buy… how would they make more money? Easy… they […]
Real Estate The Truth About Rising Prices & Family Wealth   The National Association of Realtors (NAR) recently released a report revealing that the growing wealth gap in this country has been impacted by the recent increases in real estate values coupled with the drop in homeownership rates. The report discloses: “Over 90 percent of metro areas have experienced declining homeownership rates at a time when home values have […]
Real Estate Attaining the American Dream: The 5 Financial Reasons to Buy   We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership in his paper –The Dream Lives On: the […]
Real Estate Do You Know The Cost of Renting vs. Buying? [INFOGRAPHIC]
Real Estate Homeownership Still a Great Investment Four recent news articles confirmed that most Americans still see real estate as a great long term investment. The Gallup organization polled the American people and discovered that they believe that real estate is a better long term investment than stocks/mutual funds, gold, savings or bonds: A second survey was done by Edelman Berland which showed that: At the same time, Tim Rood, […]
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Real Estate Homeowners: We Need to Sell Your House Twice   Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is that bank appraisal. If […]
Real Estate 4 Reasons To Move-Up This Spring Spring is in full force; the summer months are right around the corner. If you are debating moving up to your dream home, here are four great reasons to consider buying today instead of waiting. 1.) Buyer Demand is High & Inventory Is Low Recent numbers show that buyer demand is at the highest peak […]
Real Estate Where Should I Retire? [INFOGRAPHIC]   Some Highlights From The Report: 80% of all pre-retirees in the South Atlantic region plan to stay there in retirement 4 out of 10 pre-retirees plan to relocate in retirement Retirees in the South Central Region are most satisfied with their Cost of Living For more information or to read the full report: Click Here
Real Estate 5 Tech Questions that Seniors Should Ask When Interviewing a Real Estate Agent   We are pleased to have Nikki Buckelew back as our guest blogger for today’s post. Nikki has extensive experience working with seniors and is the Founder & CEO of the Senior Real Estate Institute. Enjoy! – The KCM Crew  If you have not bought or sold a home in a few years (or maybe […]
Real Estate The Deal of the Century?? Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time: “If you are in the market to buy a home, today's average mortgage rates are something to celebrate compared to almost any year since […]
Real Estate This Advice on Homeownership Hasn’t Changed in 200 Years   Last month, we reported that billionaire John Paulson believes in the financial advantages of homeownership. He has often repeated: "I think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.” However, he has not been the only billionaire to give such advice. As a matter […]
Real Estate There’s No Place Like Home   Last week, we reported on the financial reasons purchasing a home in today’s market makes sense. The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership. The top 4 reasons to own a home cited by respondents were not financial. 1. It means […]
Real Estate Existing Home Sales Skyrocket! [INFOGRAPHIC]
Real Estate Home Sales Skyrocketing!!   Yesterday, the National Association of Realtors (NAR) released their Existing Home Sales Report. The numbers shocked many analysts as they revealed a 10.4% increaseover the same month last year. This is the highest number of sales since September 2013. Sales have increased year-over-year for six consecutive months and the 10.4% increase is the highest annual increase since August […]
Real Estate Good News for ‘Typical’ Home Buyers In a speech delivered earlier this year, Secretary for HUD Julián Castro, called 2015 “A Year of Housing Opportunity”. A recent report by The National Association of Realtors (NAR) revealed that investment home sales decreased 7.4% in 2014 to an estimated 1.02 million. What does this mean for the ‘typical’ homebuyer? Lawrence Yun, NAR’s Chief Economist gave some insight: “Despite strong […]
Real Estate We Need You(r House)!!   Though the real estate market has improved, we still have one item holding it back from a full recovery – a robust supply of homes for sale. Demand has increased dramatically. At the same time, housing inventory is decreasing especially at the lower price points. The National Association of Realtors (NAR) recently revealed that there is a pent-up seller demand caused […]
Real Estate Housing Market: Freddie Mac Remains Optimistic The April 2015 U.S. Economic & Housing Market Outlook from Freddie Mac revealed that they are optimistic about the real estate market in 2015. As a matter of fact, the sub-title of the report was “Great Expectations”. What made Freddie Mac so optimistic? Here are a few highlights from the report: “For the remainder of the year […]
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