Miscellaneous

July 21, 2020

New Index Reveals Impact of COVID-19 on Real Estate

New Index Reveals Impact of COVID-19 on Real Estate | MyKCM

Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following:

  1. Housing Demand – ...
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April 8, 2020

Buying a Home: Do You Know the Lingo?

Buying a Home: Do You Know the Lingo? [INFOGRAPHIC] | MyKCM

Highlights:

  • Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.
  • To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way.
  • The best way to ensure your homebuying process is a ...
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April 1, 2020

Economic Slowdown: What the Experts Are Saying

Economic Slowdown: What the Experts Are Saying | MyKCM

More and more economists are predicting a recession is imminent as the result of the pullback in the economy caused by COVID-19. According to the National Bureau of Economic Research:

“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally ...

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March 29, 2020

A Recession Does Not Equal a Housing Crisis [INFOGRAPHIC]

A Recession Does Not Equal a Housing Crisis | MyKCM

Key Take-aways

  • The COVID-19 pandemic is causing an economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions and decreased by less than 2% in the 4th.
  • All things considered, an economic slowdown does not equal a housing crisis, and this ...
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March 2, 2020

Confidence Is the Key to Success for Young Homebuyers

Confidence Is the Key to Success for Young Homebuyers | MyKCM

Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey ...

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Feb. 2, 2020

New Homes Coming to the Housing Market This Year

New Homes Coming to the Housing Market This Year | MyKCM

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the ...

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Feb. 1, 2020

5 Reasons Homeowners Throw Better Parties During the Big Game [INFOGRAPHIC]

5 Reasons Homeowners Throw Better Parties During the Big Game [INFOGRAPHIC] | MyKCM

Some Highlights:

  • There’s more room to entertain a large crowd.
  • The kitchen is big enough to whip up endless appetizers – yum!
  • You don’t have to worry about complaints to your landlord when the cheering kicks in!
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Jan. 15, 2020

Where Have All the Houses Disappeared To?

Where Have All the Houses Disappeared To? | MyKCM

If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most ...

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Jan. 9, 2020

National Cut Your Energy Costs Day [INFOGRAPHIC]

National Cut Your Energy Costs Day [INFOGRAPHIC] | MyKCM

Some Highlights:

  • On January 10th of each year, “National Cut Your Energy Costs Day” encourages consumers to reduce their overall energy costs by improving home efficiency.
  • According to Freddie Mac, a typical U.S. family spends $2,200 per year on energy bills. By making energy efficient ...
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Posted in Miscellaneous
Jan. 9, 2020

The Top States Americans Moved to Last Year [INFOGRAPHIC]

The Top States Americans Moved to Last Year [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
  • Idaho held on to the top spot of ‘high inbound’ states for the second time since 2017, followed by Washington State.
  • New York was the country’s ...
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Posted in Miscellaneous