Market Updates

Jan. 27, 2021

What Happens When Homeowners Leave Their Forbearance Plans?

What Happens When Homeowners Leave Their Forbearance Plans? | MyKCM

According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where these homeowners stand right now:

  • 2,543,000 ...
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Posted in Market Updates
Dec. 29, 2020

More Generations Are Living Under One Roof This Year

More Generations Are Living under One Roof This Year | MyKCM

This year challenged us to reprioritize everything – from the way we use our time to where we work, how we socialize and gather together, and our needs at home. For many, this also meant making decisions about how to best support and engage with our extended families, near and ...

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Posted in Market Updates
Dec. 28, 2020

Why It’s Important to Price Your House Right Today

Why It’s Important to Price Your House Right Today | MyKCM

Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021 ...

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Posted in Market Updates
Nov. 18, 2020

Homes for Sale Are Rapidly Disappearing

Homes for Sale Are Rapidly Disappearing | MyKCM

Through all the challenges of 2020, the real estate market has done very well, and purchasers are continuing to take advantage of historically low mortgage rates. Realtor Magazine just explained:

“While winter may be typically a slow season in real estate, economists predict it isn’t likely to happen this year…Low ...

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Posted in Market Updates