Experts project an economic recovery is in sight, and real estate is positioned to lead the way. Let’s connect to discuss how this rebound impacts our local housing market.


A Historic Rebound for the Housing Market | Local Housing Market News

A Historic Rebound for the Housing Market | MyKCM
Local Housing Market News

Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A … Read More Local Housing Market News


Are New Homes Going to Be Available to Buy This Year? | Local Housing Market News

Are New Homes Going to Be Available to Buy This Year? | MyKCM
Local Housing Market News

In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the local housing market positioned to lead the way out of this recession, builder confidence might be … Read More Local Housing Market News


Think You Should For Sale By Owner? Think Again [Local Housing Market News INFOGRAPHIC]

Think You Should For Sale By Owner? Think Again [INFOGRAPHIC] | MyKCM
Local Housing Market News

Some Highlights  For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But, … Read More – Local Housing Market News


What Are Experts Saying About the Rest of 2020?

What Are Experts Saying About the Rest of 2020? | MyKCM
Local Housing Market News

One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging. … Read More Local Housing Market News


New Index Reveals Impact of COVID-19 on Real Estate – Local Housing Market News

New Index Reveals Impact of COVID-19 on Real Estate | MyKCM
Local Housing Market News

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 local housing market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home … Read More Local Housing Market News


Three Reasons Homebuyers Are Ready to Purchase This Year – Local Housing Market News

Three Reasons Homebuyers Are Ready to Purchase This Year | MyKCM
Local Housing Market News

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see … Read More Local Housing Market News


Is a Recession Here? Yes. Does that Mean a Housing Crash? No. – Local Housing Market News

Is a Recession Here? Yes. Does that Mean a Housing Crash? No. | MyKCM

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: “A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and … Read More Local Housing Market News


Real Estate Will Lead the Economic Recovery – Local Housing Market News

Real Estate Will Lead the Economic Recovery | MyKCM

With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get back to work and the financial landscape of the … Read More Local Housing Market News