Home Buyers

Oct. 12, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You

 

Don’t Wait for a Lower Mortgage Rate – It Could Cost You | MyKCM

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the ...

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Sept. 17, 2021

Is the Number of Homes for Sale Finally Growing

Is the Number of Homes for Sale Finally Growing?

Is the Number of Homes for Sale Finally Growing? | MyKCM

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the ...

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Sept. 16, 2021

Atlanta Housing Market Update

Statistics Overview - August, 2021

August 2021 Sales and Average Sales Price Overview 

There were 7,803 closings for Residential Single Family Detached in August 2021. This reflects a decrease of  7% over August 2020. 

There were 1,634 closings for Residential Single Family Attached in August 2021. This reflects ...

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Aug. 28, 2021

If Housing Affordability Is About the Money, Don’t Forget This.

If Housing Affordability Is About the Money, Don’t Forget This. | MyKCM

 

There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but that isn’t the case.

Today’s buyers ...

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Aug. 27, 2021

What Do Experts Say About Today’s Mortgage Rates

 

What Do Experts Say About Today’s Mortgage Rates? | MyKCM

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.What Do Experts Say About Today’s Mortgage Rates? | MyKCMGenerally speaking, when rates are low, you can afford more home for your money. That’s why experts across the ...

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Aug. 14, 2021

The Best Use of Time (and Money) When It Comes to Home Renovations

 

The Best Use of Time (and Money) When It Comes to Renovations | MyKCM

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – ...

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July 22, 2021

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too

 

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? | MyKCM

Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs.

Working from Home ...

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July 20, 2021

What You Should Do Before Interest Rates Rise

 

What You Should Do Before Interest Rates Rise | MyKCM

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you ...

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July 5, 2021

Home Builders Ramp Up Construction Based on Demand

 

Home Builders Ramp Up Construction Based on Demand | MyKCM

If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to capitalize on these market conditions, and it’s leading ...

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June 26, 2021

Homeowner Wealth Increases Through Growing Equity This Year

 

Homeowner Wealth Increases Through Growing Equity This Year | MyKCM

Building financial wealth and stability remains one of the top reasons Americans choose to own a single family home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates ...

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