Author Archives: KCM Crew

    • How Much “Housing Wealth” Can You Build in a Decade?

      Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. Below are three graphs depicting the most important data revealed in the study. How much […]
      Written by KCM Crew

    • Thinking of Selling? Now May Be the Time.

      The housing market has started off much stronger this year than it did last year. Lower mortgage interest rates have been a driving factor in that change. The average 30-year rate in 2019, according to Freddie Mac, was 3.94%. Today that rate is closer to 3.5%. The Census Bureau also just reported the highest homeownership […]
      Written by KCM Crew

    • Entry-Level Homeowners Are in the Driver’s Seat

      One thing helping homeowners right now is price appreciation, especially in the entry-level market. In the latest Home Price Insights report, CoreLogic reveals how home prices increased by 4% year-over-year and projects prices will rise 5.2% by December 2020. Why is this good news for the homeowners? When prices appreciate, homeowners gain equity. In addition, […]
      Written by KCM Crew

    • Opportunity in the Luxury Market This Year

      Homes priced in the top 25% of a price range for a particular area of the country are considered “premium homes.” At the start of last year, many of the more expensive homes listed for sale hadn’t seen as much interest, since much of the demand for housing over the past few years has come from […]
      Written by KCM Crew

    • Interest Rates Over Time [INFOGRAPHIC]

      Some Highlights: With interest rates hovering at near historic lows, now is a great time to look back at where they’ve been, and how much they’ve changed over time. According to Freddie Mac, mortgage interest rates are currently hovering near a five...
      Written by KCM Crew

    • The #1 Misconception in the Homebuying Process

      After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned […]
      Written by KCM Crew

    • The Many Benefits of Aging in a Community

      There’s comfort in being around people who share common interests, goals, and challenges. That comfort in a community doesn’t wane with age – it actually deepens. Whether it’s proudly talking about grandchildren or lamenting the fact that our eyes aren’t as good as they used to be, it helps to be around people who not […]
      Written by KCM Crew

    • How Trusted Professionals Make Homebuying Easier to Understand

      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 […]
      Written by KCM Crew

    • The Overlooked Financial Advantages of Homeownership

      There are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for […]
      Written by KCM Crew

    • Top Reasons to Love Homeownership [INFOGRAPHIC]

      Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Let’s get together to...
      Written by KCM Crew

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    Our agents write often to give you the latest insights on owning a home or property in the Coastal Virginia area.