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Home Builder Confidence Hits All-Time Record

by KCM Crew | Sep 23, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers, New Construction

Last week, the National Association of Home Builders (NAHB) reported their Housing Market Index (HMI) hit an all-time high in the 35-year history of the series with a score of 83. The index gauges builder perceptions of current single-family home sales and sale...

The Cost of a Home Is Far More Important than the Price

by KCM Crew | Sep 22, 2020 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

Housing inventory is at an all-time low. There are 39% fewer homes for sale today than at this time last year, and buyer demand continues to set records. Zillow recently reported: “Newly pending sales are up 25.5% compared to the same week last year, the highest...

Is the Economic Recovery Beating All Projections?

by KCM Crew | Sep 21, 2020 | For Buyers, For Sellers, Housing Market Updates

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago. Six months...

Homes Across the Country Are Selling Fast [INFOGRAPHIC]

by KCM Crew | Sep 18, 2020 | For Sellers, Housing Market Updates, Infographics

Some Highlights Buyers are actively searching for and purchasing homes at a record-breaking pace. According to the latest report from the National Association of Realtors (NAR), in July, 68% of homes were on the market for less than a month. With homes moving from...

How Low Inventory May Impact the Housing Market This Fall

by KCM Crew | Sep 17, 2020 | For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

Real estate continues to be called the ‘bright spot’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale. Buyers are actively searching for and purchasing homes,...
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