Market Updates

Sept. 19, 2023

Are More Homes Coming onto the Market




An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house or get your Lilburn Home Valuation, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s ...

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Sept. 13, 2023

Should Baby Boomers Buy or Rent After Selling Their Houses?




Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about  selling your Lilburn, Lawrenceville or Snellville house, you have a lot to consider. Will you move to a different state or stay nearby? Is it ...

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April 18, 2023

Benefits of home ownership

Owning a single-family home is a dream for many people. It's a place where you can build a life and make memories with your family. However, owning a home is not just about the emotional satisfaction of having a place to call your own. There are several tangible benefits ...

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April 5, 2023

Why Aren’t Home Prices Crashing?




There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices ...

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March 24, 2022

This Spring Presents Sellers with a Golden Opportunity

This Spring Presents Sellers with a Golden Opportunity | MyKCM

If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best long term investment when you buy your next one.

If that’s the case, you should know – you may be able ...

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March 4, 2022

Are Home Prices Continuing To Rise?

 

Are Home Prices Continuing To Rise? | MyKCM

Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at their reports on year-over-year price appreciation for ...

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Feb. 25, 2022

Popular uses for cash-out refinances

See how you can leverage your home equity for cash.

Cash-out refinance is a popular way for homeowners to tap into their home equity for the funds you need. By replacing your existing mortgage with a new loan for more than you owe on your home, you'll get the ...

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Feb. 18, 2022

The Great Resignation Is Fueled by Retirees

During the past few months, you might've heard the term "Great Resignation" when it comes to the massive number of people leaving their jobs. This term was coined to describe the mass exodus of workers leaving the job market in recent months.

What fueled part of the exodus involved ...

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Feb. 10, 2022

Sellers Have Incredible Leverage in Today’s Market

 

Sellers Have Incredible Leverage in Today’s Market | MyKCM

With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying:

"Housing demand remains strong as buyers likely want ...

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Jan. 28, 2022

2021 Homes Sales in Georgia - FANTASTIC time to Sell

Once again, 2021 proved that more homes are consistently sold through Georgia MLS than any other MLS in the state

 

Notable Highlights

  • 10% of residential homes were under contract within 1 day.
  • 50% of residential homes were under contract within 1 week.
  • 77% of residential homes were ...
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