National Homeownership Month [INFOGRAPHIC] | MyKCM
Plainfield Homeownership Goals

Some Highlights

Plainfield Homeownership Goals
  • National Homeownership Month is a great time to reflect on how we can each promote stronger community growth.
  • Homeownership helps families build financial freedom, find greater happiness and satisfaction, and make a positive impact on our local communities.
  • Let’s connect today if homeownership is part of your future plans.

The Benefits of Homeownership May Reach Further Than You Think

The Benefits of Homeownership May Reach Further Than You Think | MyKCM
Plainfield Homeownership Goals

More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are … Read More

U.S. Homeownership Rate Rises to Highest Point in 8 Years

U.S. Homeownership Rate Rises to Highest Point in 8 Years | MyKCM
Plainfield Homeownership Goals

For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending time … Read More

#1 Financial Benefit of Homeownership: Family Wealth

#1 Financial Benefit of Homeownership: Family Wealth | MyKCM
Plainfield Homeownership Goals

While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the … Read More

How Your Tax Refund Can Move You Toward Homeownership This Year

How Your Tax Refund Can Move You Toward Homeownership This Year | MyKCM
Plainfield Homeownership Goals

If you’re looking to buy a home in 2020, have you thought about putting your tax refund toward a down payment? Homeownership may be one step closer than you think if you spend your dollars wisely this year. Based on data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $2,962 when filing … Read More

The Overlooked Financial Advantages of Homeownership

The Overlooked Financial Advantages of Homeownership | MyKCM
Plainfield Homeownership Goals

There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for … Read More

Homeownership Rate on the Rise to a 6-Year High

Homeownership Rate on the Rise to a 6-Year High | MyKCM
Plainfield Homeownership Goals

Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase does not come as a … Read More