RSS Simplifying the Market™

  • Home Prices: What Happened in 2020? What Will Happen This Year? March 2, 2021
    The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal […]
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  • What Are the Benefits of a 20% Down Payment? March 1, 2021
    If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want […]
    KCM Crew
  • It’s a Sellers’ Market [INFOGRAPHIC] February 26, 2021
    Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat. Let’s connect today if you’re ready […]
    KCM Crew
  • Are There Going to Be More Homes to Buy This Year? February 25, 2021
    If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of […]
    KCM Crew
  • How Much Leverage Do Today’s House Sellers Have? February 24, 2021
    The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory […]
    KCM Crew
  • The Reason Mortgage Rates Are Projected to Increase and What It Means for You February 23, 2021
    We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low […]
    KCM Crew
  • Where Have All the Houses Gone? February 22, 2021
    In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers aimed to take advantage of record-low mortgage […]
    KCM Crew
  • Home Mortgage Rates by Decade [INFOGRAPHIC] February 19, 2021
    Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last […]
    KCM Crew