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Three Things to Understand About Unemployment Statistics
Three Things to Understand About Unemployment Statistics | MyKCMTomorrow morning the Bureau of Labor Statistics will release the latest Employment Situation Summary, which will include the most current unemployment rate. It will be a horrific number. Many analysts believe unemployment could be greater than 20%. These numbers represent families across the nation that are not sure when (or if) they will return to ... Read More
Is it Time to Sell Your Vacation Home?
Is it Time to Sell Your Vacation Home? | MyKCMThe travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs ... Read More
Home Prices: It’s All About Supply and Demand
Home Prices: It’s All About Supply and Demand | MyKCMAs we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest idea of what’s to come. Making our way through the month of ... Read More
The Benefits of Homeownership May Reach Further Than You Think
The Benefits of Homeownership May Reach Further Than You Think | MyKCMMore than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are ... Read More
Top Reasons to Own Your Home [INFOGRAPHIC]
Top Reasons to Own Your Home [INFOGRAPHIC] | MyKCMSome Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. Let’s connect today to determine if homeownership is the right next ... Read More
Economists Forecast Recovery to Begin in the Second Half of 2020
Economists Forecast Recovery to Begin in the Second Half of 2020 | MyKCMWith the U.S. economy on everyone’s minds right now, questions about the country’s financial outlook continue to come up daily. The one that seems to keep rising to the top is: when will the economy begin to recover? While no one knows exactly how a rebound will play out, expert economists around the country are ... Read More
Why This Summer Is the 2020 Real Estate Season
Why This Summer Is the 2020 Real Estate Season | MyKCMWith stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new ... Read More
Buying or Selling a Home? You Need an Expert Kind of Guide
Buying or Selling a Home? You Need an Expert Kind of Guide | MyKCMIn a normal housing market, whether you’re buying or selling a home, you need an experienced guide to help you navigate through the process. You need someone you can turn to who will tell you how to price your home correctly right from the start. You need someone who can help you determine what to ... Read More
We Remember & Honor Those Who Gave All
We Remember & Honor Those Who Gave All | MyKCMWe remember, today and always.
Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]
Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC] | MyKCMSome Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way to position yourself for a move in today’s market.
Experts Predict Economic Recovery Should Begin in the Second Half of the Year
Experts Predict Economic Recovery Should Begin in the Second Half of the Year | MyKCMOne of the biggest questions we all seem to be asking these days is: When are we going to start to see an economic recovery? As the country begins to slowly reopen, moving forward in strategic phases, business activity will help bring our nation back to life. Many economists indicate a recovery should begin to ... Read More
6 Reasons Why Selling Your House on Your Own Is a Mistake
6 Reasons Why Selling Your House on Your Own Is a Mistake | MyKCMThere are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner ... Read More
Housing Market Positioned to Bring Back the Economy
Housing Market Positioned to Bring Back the Economy | MyKCMAll eyes are on the American economy. As it goes, so does the world economy. With states beginning to reopen, the question becomes: which sectors of the economy will drive its recovery? There seems to be a growing consensus that the housing market is positioned to be that driving force, the tailwind that is necessary. ... Read More
#1 Financial Benefit of Homeownership: Family Wealth
#1 Financial Benefit of Homeownership: Family Wealth | MyKCMWhile growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the ... Read More
Will the Housing Market Turn Around This Year?
Will the Housing Market Turn Around This Year? | MyKCMToday, many people are asking themselves if they should buy or sell a home in 2020. Some have shifted their plans or put them on hold over the past couple of months, and understandably so. Everyone seems to be wondering if the market is going to change and when the economy will turn around. If ... Read More
A Surprising Shift to the ‘Burbs May Be on the Rise
A Surprising Shift to the ‘Burbs May Be on the Rise | MyKCMWhile many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk to ... Read More
Unemployment Report: No Need to Be Terrified
Unemployment Report: No Need to Be Terrified | MyKCMLast Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families are experiencing right now. ... Read More
Will Home Values Appreciate or Depreciate in 2020?
Will Home Values Appreciate or Depreciate in 2020? | MyKCMWith the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the market’s demand for that item. Each month the National Association of Realtors (NAR) surveys ... Read More
A Day When Americans Can Return to Work [INFOGRAPHIC]
A Day When Americans Can Return to Work [INFOGRAPHIC] | MyKCMSome Highlights Taking a moment to reflect upon what we’ve heard from historical leaders can teach us a lot about getting through the many challenges we face today. We’re all eager for the day when every American can safely return to work. That day is coming. Timing is everything. Patience is essential. Our courage, strength, ... Read More