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What Happens When Homeowners Leave Their Forbearance Plans?

by KCM Crew | Jan 27, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates

According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where...

What Experts Are Saying about the 2021 Job Market

by KCM Crew | Jan 21, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates

Earlier this month, the Bureau of Labor Statistics (BLS) released their most recent Jobs Report. The report revealed that the economy lost 140,000 jobs in December. That’s a devastating number and dramatically impacts those households that lost a source of income....

Why Right Now May Be the Time to Sell Your House

by KCM Crew | Jan 14, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the...

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

by KCM Crew | Jan 13, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...

Is This the Year to Sell My House?

by KCM Crew | Jan 7, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction. Even with the current health crisis that continues to challenge our nation, Americans...

Why Not to Wait Until Spring to Make a Move

by KCM Crew | Jan 5, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter...
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