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      Looking for a Place To Call Home? Consider a Condominium

      Looking for a Place To Call Home? Consider a Condominium. | MyKCM


       

      It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option.

      In fact, trends indicate condos are gaining popularity among buyers. In the [...]

      2020 Luxury Market Forecast

      2020 Luxury Market Forecast | MyKCM

      By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time, their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is a perfect opportunity to take a look

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      Millennials: Here's Why the Process is Well Worth It.

      Millennials: Heres Why the Process is Well Worth It. | MyKCM

      Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over.

      According to National Mortgage News,

       “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.

      If you’re a Millennial, you’re already well aware that you’re among a generation of those who favor fast-paced, real-time answers

      [...]

      Rent Vs. Own [INFOGRAPHIC]

      Rent Vs. Own [INFOGRAPHIC] | MyKCM

      Rent Vs. Own [INFOGRAPHIC] | MyKCM

      Some Highlights:

      • Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.
      • Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.
      • Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!

      The Net Worth of a Homeowner is 44x Greater Than A Renter!

      The Net Worth of a Homeowner is 44x Greater Than A Renter! | MyKCM

      Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released.

      The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the [...]

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