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      Blog :: 2018

      Where is the Housing Market Headed in 2019?

      Where is the Housing Market Headed in 2019? [INFOGRAPHIC] | MyKCM

      Where is the Housing Market Headed in 2019? [INFOGRAPHIC] | MyKCM

      Some Highlights:

      • ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
      • Home prices will rise at a rate of 4.8% over the course of 2019 according to CoreLogic.
      • All four major reporting agencies believe that home sales will outpace 2018!

      Compass Contemplation for Monday

       

      I spent most of this past Thanksgiving away with my partner's 89-year old mother who was in a rehab facility recovering from a fall. One of the magnificent nurses told me the thing she enjoys most about her job is hearing all the stories of her 'guests' and learning from those who are near the end of their lives who have lived full, [...]

      Compass Contemplations for Friday

      DID YOU KNOW? U.S. consumer spending increased by the most in 7 months in October. (Reuters)

      DID YOU KNOW?  Pending US Home Sales slid 2.6% in October. Contract signings were down 6.7% compared to 2017. Pending sales rose in the NORTHEAST by 0.7%. In the MIDWEST sales fell 1.8%, in the SOUTH they fell 1.1%, and in the WEST they were down [...]

      The Cost of Renting vs. Buying a Home

      The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | MyKCM

      The Cost of Renting vs. Buying a Home [INFOGRAPHIC] | MyKCM

      Some Highlights:

      • Historically, the choice between renting or buying a home has been a tough decision.
      • Looking at the percentage of income needed to rent a median-priced home today (28.4%) vs. the percentage needed to buy a median-priced home (17.5%), the choice becomes obvious.
      • Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
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