Balancing Your Wants and Needs as a Homebuyer This Spring

Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers / By Tatiana Janes

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years.

An Expert Gives You Clarity in Today’s Housing Market

Buying Myths, First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Selling Myths / By Tatiana Janes

The housing market has been going through shifts lately.

buying a home may make more sense than renting kcm share

Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy / By Tatiana Janes

Some Highlights

If you’re trying to decide whether to rent or buy a home, there are a few things you should consider.
Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation.

How To Make Your Dream of Homeownership a Reality

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers / By Tatiana Janes

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

you may not need as much as you think for your down payment kcm share

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers / By Tatiana Janes

Some Highlights

Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.

The 3 Factors That Affect Home Affordability

Buying Myths, Down Payments, For Buyers, Housing Market Updates, Interest Rates, Pricing / By Tatiana Janes

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:

think twice about waiting for 3 percent mortgage rates kcm

Think Twice Before Waiting for 3% Mortgage Rates

Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers / By Tatiana Janes

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

key terms to know when buying a home kcm

Key Terms To Know When Buying a Home [INFOGRAPHIC]

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers / By Tatiana Janes

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

Buying Myths, First Time Home Buyers, For Buyers / By Tatiana Janes

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders […]

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Buying Myths, For Buyers, For Sellers, Selling Myths / By Tatiana Janes

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with […]