Silicon Valley Real Estate and Community News

 

 

July 22, 2019

The Cost of Waiting

Some Highlights:

  • Interest rates are projected to increase steadily heading into 2020.
  • The higher your interest rate, the more money you will end up paying for your home and the higher your monthly payment will be.
  • Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!
July 22, 2019

Is Renting Right for Me?

Is Renting Right for Me? | MyKCM

If you’re currently renting and have dreams of owning your own home, it may be a good time to think about your next move. With rent costs rising annually and many helpful down payment assistance programs available, homeownership may be closer than you realize.

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July 16, 2019

Should I Refinance My Home?

Should I Refinance My Home? | MyKCM

With the recent lower interest rates, many homeowners are wondering if they should refinance.

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July 15, 2019

Home Price Appreciation Forecast

Home Price Appreciation Forecast | MyKCM

Questions continue to come up about where home prices will head throughout the rest of this year, as well as where they may be going over the few years beyond.

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July 9, 2019

5 Powerful Reasons to Own Instead of Rent

5 Powerful Reasons to Own Instead of Rent | MyKCM

Owning a home has great financial benefits.

In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained:

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July 9, 2019

Now’s the Time to Move-Up and Upgrade Your Current Home!

Now’s the Time to Move-Up and Upgrade Your Current Home! | MyKCM

Homes priced at the top 25% of the price range for a particular area of the country are considered “premium homes.” In today’s real estate market, there are deals to be had at the higher end! This is great news for homeowners wanting to upgrade from their current house.

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July 5, 2019

10 Steps to Buying a Home This Summer

Some Highlights:

  • If you are thinking of buying a home, you may not know where to start.
  • Here is a simple list of 10 steps that you will go through to purchase a home.
  • Make sure to ask your agent for details about each step and what else may be required in your area!
July 3, 2019

Is Mortgage Debt out of Control?

Is Mortgage Debt out of Control? | MyKCM

The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash.

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July 3, 2019

Millennials Are Increasing the Demand for Condominiums

Millennials Are Increasing the Demand for Condominiums | MyKCM

When deciding to buy a home, people are presented with many different options. The type of home you buy depends on your needs, budget, and in many cases, the desired maintenance level. For many millennials, their choice has been buying a condominium!

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July 1, 2019

Top 5 Reasons You Should NOT FSBO

Top 5 Reasons You Should NOT FSBO | MyKCM

Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner). However, a FSBO might not be a good idea for the vast majority of sellers.

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