Buying Myths

April 23, 2024

What You Really Need To Know About Home Prices



According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.

A lot of that fear is probably coming from what you’re …

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Nov. 30, 2023

Is Owning a Home Still the American Dream for Younger Buyers?




Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot …

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Jan. 20, 2023

Create Your Perfect Home by Perfecting It After You Purchase

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Jan. 18, 2023

Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage Rates | MyKCM

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power …

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Nov. 7, 2022

3 Graphs Showing Today's Housing Market Isn't Like 2008

If you're concerned we're making the same mistakes that led to the housing crash, the graphs below should help alleviate your fears. Concrete data and expert insights clearly show why this is nothing like the last time.

 

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 | MyKCM

With all the headlines and talk in the …

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Sept. 27, 2022

A Window of Opportunity for Homebuyers

The housing market is undergoing a shift because of higher mortgage rate, but the market is still strong. If you've been looking to buy a home over the last couple of years and it felt impossible to do, now may be your opportunity.

A Window of Opportunity for Homebuyers | MyKCM

Mortgage rates are much …

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Sept. 20, 2022

Buying a Home May Make More Financial Sense Than Renting One

Buying a Home May Make More Financial Sense Than Renting One | MyKCM

If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com

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Sept. 12, 2022

Why Are People Moving Today?

Why Are People Moving Today? | MyKCM

Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for …

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Sept. 6, 2022

Want To Buy a Home? Now May Be the Time.

Want To Buy a Home? Now May Be the Time. | MyKCM

There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the …

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Aug. 30, 2022

The Drop in Mortgage Rates Brings Good News for Homebuyers

The Drop in Mortgage Rates Brings Good News for Homebuyers | MyKCM

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome …

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