Renters

March 25, 2019

The Enormous Divide Between the Headline and the Truth

The Enormous Divide Between the Headline and the Truth

The Enormous Divide Between the Headline and the Truth | MyKCM

“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” - John Stuart Mill (1840s)

Even back in the ...

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March 7, 2019

Why an Economic Slowdown Will NOT Crush Real Estate this Time

Why an Economic Slowdown Will NOT Crush Real Estate this Time

Why an Economic Slowdown Will NOT Crush Real Estate this Time | MyKCM

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future:

“While only 10% of panelists expect ...

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March 6, 2019

Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US

Buying Is Now 26.3% Cheaper Than Renting in the US | MyKCM

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States.

In the ...

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Posted in Buying a Home, Renters
Nov. 8, 2018

75% of Renters Have Been Misinformed

75% of Renters Have Been Misinformed

75% of Renters Have Been Misinformed | MyKCM

Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, they lack context and lead too many Americans to believe that they can’t partake in a major ...

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Posted in Renters
Oct. 31, 2018

Taking Fear Out of the Mortgage Process

Taking Fear Out of the Mortgage Process

Taking Fear Out of the Mortgage Process | MyKCM

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification.

For many, the mortgage process can be scary, but it ...

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Posted in Buying a Home, Renters
Oct. 5, 2018

Buying a Home is Cheaper than Renting in 38 States!

Buying a Home is Cheaper than Renting in 38 States!

Buying a Home is Cheaper than Renting in 38 States! [INFOGRAPHIC] | MyKCM

Some Highlights:

  • According to a study by GOBankingRates, it is cheaper to buy a home than rent in 38 states across the country.
  • In six states the difference between buying & renting would account for less than a $50 monthly ...
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Posted in Buying a Home, Renters
Sept. 30, 2018

Should I Buy Now Or Wait Until Next Year?

Should I Buy Now Or Wait Until Next Year?



Some Highlights:

  • The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates to rise ...
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Sept. 30, 2018

Are Home Prices Softening or Are They Falling?

Are Home Prices Softening or Are They Falling?

Are Home Prices Softening or Are They Falling? | MyKCM

We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the ...

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Sept. 20, 2018

Is the Real Estate Market Finally Getting Back to Normal?

Is the Real Estate Market Finally Getting Back to Normal?

Is the Real Estate Market Finally Getting Back to Normal? | MyKCM

The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation ...

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Sept. 18, 2018

Home Prices: The Difference 5 Years Makes

Home Prices: The Difference 5 Years Makes

Home Prices: The Difference 5 Years Makes | MyKCM

CoreLogic recently released their Home Price Index ReportOne of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show ...

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