by KCM Crew | Jul 1, 2020 | For Buyers, For Sellers, Housing Market Updates
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...
by KCM Crew | Jun 30, 2020 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, New Construction
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 housing market positioned to lead the way out of...
by The KCM Crew | Jun 29, 2020 | For Buyers, For Sellers, Housing Market Updates
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...
by The KCM Crew | Jun 25, 2020 | For Buyers, For Sellers, Housing Market Updates
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 real estate market. The index leverages a weighted average of four key components of the housing...
by The KCM Crew | Jun 22, 2020 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers
According to the latest FreddieMac Quarterly Forecast, mortgage interest rates have fallen to historically low levels this spring and they’re projected to remain low. This means there’s a huge incentive for buyers who are ready to purchase. And homeowners looking for...
by The KCM Crew | Jun 11, 2020 | For Sellers, Housing Market Updates, Move-Up Buyers
As the health crisis started making its way throughout our country earlier this spring, sellers have been cautious about putting their homes on the market. This hesitation stemmed primarily from fear of the spread of the coronavirus, and understandably so. This...
