Market Updates

Sept. 22, 2023

Keeping Current Matters

Sept. 27, 2022

Need Help Understanding Inflation & Mortgage Rates Impact on the Housing Market?

How an Expert Can Help You Understand Inflation & Mortgage Rates | MyKCM

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

Inflation and the Housing Market

This year, inflation reached a high not seen in forty years. For the average consumer, you probably ...

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Posted in Market Updates
Sept. 20, 2022

FINALLY, Buyers Are Regaining Some Power in Today’s Housing Market

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market | MyKCM

If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your ...

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Posted in Market Updates
July 13, 2022

Should I Buy a Home Right Now?

Should I Buy a Home Right Now? | MyKCM

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision.

The Future ...

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Posted in Market Updates
July 7, 2022

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market? | MyKCM

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the ...

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Posted in Market Updates
July 2, 2022

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Homeownership Is a Great Hedge Against the Impact of Rising Inflation | MyKCM

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):

“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace ...

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Posted in Market Updates
June 20, 2022

Home Price Deceleration Doesn’t Mean Home Price Depreciation

Home Price Deceleration Doesn’t Mean Home Price Depreciation | MyKCM

Experts in the real estate industry use a number of terms when they talk about what's happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what's happening with home prices and where experts say they're ...

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Posted in Market Updates
June 14, 2022

Is the Housing Market Correcting?

Is the Housing Market Correcting? | MyKCM

If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know.

The housing market is moderating compared to the ...

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Posted in Market Updates
July 31, 2017

What Does the Rest of the Year Hold for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market? | MyKCM

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of ...

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Posted in Market Updates