Foreclosures

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 media about 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 news.

Freddie …

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Aug. 23, 2022

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market? | MyKCM

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the …

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Aug. 15, 2022

Should I Buy a Home Right Now?

Should I Buy a Home Right Now?

Should I Buy a Home Right Now? | MyKCM

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could …

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Aug. 8, 2022

Expert Housing Market Forecasts for The Second half of The Year

Expert Housing Market Forecasts for the Second Half of the Year

Expert Housing Market Forecasts for the Second Half of the Year | MyKCM

The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move …

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July 19, 2022

Why Pre-Approval is a Game Changer for Homebuyers

Why Pre-Approval Is a Game changer for Homebuyers

Why Pre-Approval Is a Game Changer for Homebuyers | MyKCM

If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market?

The truth …

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June 27, 2022

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market | MyKCM

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was …

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May 21, 2021

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

Waiting to cash in on a market crash and foreclosures? Think again. - May 21, 2021

 Shannon Macourek

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure | MyKCM

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could …

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