by KCM Crew | Apr 14, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the...
by KCM Crew | Apr 8, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88%...
by KCM Crew | Apr 5, 2021 | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers
If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS),...
by KCM Crew | Mar 31, 2021 | Buying Myths, Demographics, First Time Home Buyers, For Buyers, Millennials
Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation out of a desire to slip the bonds of...
by KCM Crew | Mar 30, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at...
by KCM Crew | Mar 24, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then...
