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Found 26 entries about Sellers.

Seniors Are on the Move in the Real Estate Market | MyKCM

 

Did you know August 21st is National Senior Citizens Day? According to the United States Census, we honor senior citizens today because,

 "Throughout our history, older people have achieved much for our families, our communities, and our country. That remains true today and gives us ample reason…to reserve a special day in honor of the senior citizens who mean so much to our land.”

To give proper recognition, we’re going to look at some senior-related data in the housing industry.

According to the Population Reference Bureau,

“The number of Americans ages 65 and older is projected to nearly double from 52 million in 2018 to 95 million by 2060, and the 65-and-older age group’s share of the total population will rise from 16

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The Benefits of Growing Equity in Your Home | MyKCM

 

Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for homeowners.

1. Move-Up Opportunity

With the rise in prices, homeowners naturally experience an increase in home equity. According to the Homeowner Equity Insights from CoreLogic,

“In the first quarter of 2019, the average homeowner gained approximately $6,400 in equity during the past year.”

This increase in profit means if homeowners decide to sell, they’ll be able to put their equity to work for them as they make

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American Confidence in Housing at an All-Time High | MyKCM

 

Fannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding consumers’ confidence in the real estate market from Fannie Mae’s National Housing Survey and condenses it into a single number. Therefore, the HPSI reflects consumers’ current views and forward-looking expectations of housing market conditions.

Great News! The index reached its highest level since Fannie Mae began their survey. Breaking it down, the report revealed:

  • The share of Americans who say it is a good time to buy a home increased from the same time last year.
  • The share of those who say it is a good time to sell a home increased from the same time last year.
  • The share of Americans who say they are
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Why Now Is the Perfect Time to Sell Your House | MyKCM

 

As a homeowner, it’s always tempting to dream about the next big project you’re going to tackle. The possibilities are endless. Should I renovate? Should I refinance? Should I stay? Should I move? The list goes on and on.

In today’s housing market, it’s actually a great time to shift your thoughts toward selling your house and moving up into the home of your dreams. Here’s why:

Inventory is on the rise, but there’s still an overall shortage of houses for sale (less than a 6-month supply found in a more normal market), so homes are going under contract quickly. In fact, the National Association of Realtors (NAR) Realtors® Confidence Index Survey reports that right now homes are only staying on the market for an average of 27 days. That’s

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3 Expert Insights On Inventory In The Current Market | MyKCM

 

The current housing landscape presents greater home values, low interest rates, and high buyer demand. All of these factors point to the strong market forecasted to continue throughout the rest of the year.

There is, however, one thing that may cause the industry to tap the brakes: an overall lack of housing inventory. Buyer demand naturally increases during the summer months, but the current supply is not keeping up.

Here is a look at what a few industry experts have to say:

Lawrence Yun, Chief Economist at National Association of Realtors

“Imbalance persists for mid-to-lower priced homes with solid demand and insufficient supply, which is consequently pushing up home prices.”

Mark Fleming, Chief Economist of First

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We all want to sell our homes at above asking price, but what is it that makes a seller succeed at this? Here's our expert advice on how you can sell your home above the asking price.

Ask For Less

You may be surprised, but pricing your home lower than market value can have an extremely positive effect on the offers you receive.  This is because a low-priced listing will stand out and will draw more attention, which boosts your chance of a bidding war.

By attracting more buyers to come and look at your home, you will find more buyers who are willing to make an offer on your property.  When they view your home they will see its true market value, and are then more likely to make a higher offer in hopes of outbidding others.  It's all about creating

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It doesn't matter where you live, what kind of home you have or what time of year it is. If you're looking to sell your home quickly, you'll need to do a better job than other local homeowners who are competing against you. Try these top three tips to secure a sale within 60 days.

 

Enhance Its Appearance

 

When it comes to selling your home, looks are everything.  If the appearance of your home is impressive, it will be more inviting to potential buyers.  Remove any items that make the home distinctly yours, such as family photos, kids' toys, or personal items.  Ensure that every space is meticulously clean and clutter free to demonstrate that it is a well-kept property. 

 

It is also extremely beneficial to neutralize the design of

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Purchasing a plot of land can be one of the best investments to make. A landowner has great (but not unlimited) freedom in how to develop their plot, and land never expires so its potential is essentially infinite. That said, buying undeveloped or vacant land can be risky business, so read on to find tips on purchasing a plot.

 

Do Your Homework: Before You Get Onto The Land

 

Before anything else happens, figure out your priorities. Decide what you want the land for, what amenities and what location you want, what you're looking for in terms of neighbors or local government, and, of course, know your budget. More specific questions will arise around taxes, fees and permits for building, available utilities/water access – but, first, just

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WHEN YOUR CREDIT CHANGES


It's a combination car, pickup
truck and SUV. You really want it. The features are
great, the style is the latest, and it's affordable after
the down payment, the cost
is only $300 a month.
"Would you buy this car today if I can include the genuine wood grain, rubberized
side moldings?" asks the salesman.
Before emitting a strong "yes", stop and consider what's about to happen. You will
be increasing your debt load and monthly payments, things which make mortgage
lenders edgy. If you want to buy a home in the coming months, you need to
carefully consider your financial choices.
The issue here is not cars. If you need a car for safe travel, then safety comes first.
But if you merely want a new car or
superduper
music system, an

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