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Category: Millennials

    Two Big Myths in the Homebuying Process

    By KCM Crew | March 17, 2020

    The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the... Read More

    Confidence Is the Key to Success for Young Homebuyers

    By KCM Crew | March 11, 2020

    Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than later in your journey: 1. Understand What it Takes... Read More

    How Trusted Professionals Make Homebuying Easier to Understand

    By KCM Crew | February 18, 2020

    In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help... Read More

    Homeownership Rate on the Rise to a 6-Year High

    By KCM Crew | February 11, 2020

    Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below: This increase does not come as... Read More

    Should I Sell My House This Year?

    By Caety James | January 28, 2020

    If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence as it relates to the current selling sentiment in the housing market. Even with all the information overload... Read More

    First-Time Buyers Are Searching for Existing Homes This Year

    By Caety James | January 27, 2020

    In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be first-time buyers looking to purchase a home grew from 58% in Q4 2018 to 63% in Q4... Read More

    Where Homebuyers Are Heading By Generation

    By Caety James | January 17, 2020

    Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower m... Read More

    Housing Inventory Vanishing: What Is the Impact on You?

    By Caety James | January 16, 2020

    The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report... Read More

    Buying a Home Early Can Significantly Increase Future Wealth

    By Caety James | January 13, 2020

    According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials. Our... Read More