Buying Myths

how to make your dream of homeownership a reality kcm

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
How To Make Your Dream of Homeownership a Reality Simplifying The MarketAccording 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.

How To Make Your Dream of Homeownership a Reality Read More »

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

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%.

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

the 3 factors that affect home affordability kcm

The 3 Factors That Affect Home Affordability

Buying Myths, Down Payments, For Buyers, Housing Market Updates, Interest Rates, Pricing / By
The 3 Factors That Affect Home Affordability Simplifying The MarketIf 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:

The 3 Factors That Affect Home Affordability Read More »

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
Think Twice Before Waiting for 3% Mortgage Rates Simplifying The MarketLast 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.

Think Twice Before Waiting for 3% Mortgage Rates Read More »

applying for a mortgage heres what you should avoid once you do kcm 549x300 1

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

Buying Myths, First Time Home Buyers, For Buyers / By
Applying For a Mortgage? Here’s What You Should Avoid Once You Do. | Simplifying The MarketWhile 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 […]

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

confused about whats going on in the housing market lean on a professional kcm 549x300 1

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

Buying Myths, For Buyers, For Sellers, Selling Myths / By
Confused About What’s Going on in the Housing Market? Lean on a Professional. | Simplifying The MarketIf 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 […]

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

Scroll to Top