Simplifying the Market™

• Latest Unemployment Report: Great News…for the Most Part

  by KCM Crew on July 6, 2020 at 10:00 am

  The Bureau of Labor Statistics (BLS) released their latest Employment Situation Summary last Thursday, and it again beat analysts’ expectations in a big way. The consensus was for 3,074,000 jobs to be added in June. The report revealed that 4,800,000 jobs were added. The unemployment rate fell to 11.1% from 13.3% last month. Again, excellent

• America Is Another Name for Opportunity [INFOGRAPHIC]

  by KCM Crew on July 3, 2020 at 10:00 am

• Is the Health Crisis Driving Buyers Out of Urban Areas?

  by KCM Crew on July 2, 2020 at 10:00 am

  The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open

• A Historic Rebound for the Housing Market

  by KCM Crew on July 1, 2020 at 10:00 am

  Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this rebound so important? According to NAR, the Pending Home Sales Index (PHS) is: “A

• Are New Homes Going to Be Available to Buy This Year?

  by KCM Crew on June 30, 2020 at 10:00 am

  In today’s economy, everyone seems to be searching for signs that a recovery is coming soon. Many experts agree that it may actually already be in motion or will be starting by the 3rd quarter of this year. With the housing market positioned to lead the way out of this recession, builder confidence might be

• What Are Experts Saying About the Rest of 2020?

  by The KCM Crew on June 29, 2020 at 10:00 am

  One of the biggest questions on everyone’s minds these days is: What’s going to happen to the housing market in the second half of the year? Based on recent data on the economy, unemployment, real estate, and more, many economists are revising their forecasts for the remainder of 2020 – and the outlook is extremely encouraging.

• Think You Should For Sale By Owner? Think Again [INFOGRAPHIC]

  by The KCM Crew on June 26, 2020 at 10:00 am

  Some Highlights  For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate broker or real estate agent. According to the National Association of Realtors’ Profile of Home Buyers & Sellers, 35% of homeowners who decided to FSBO last year did so to avoid paying a commission or fee. But, homes sold with an agent net 6% more than those sold as a FSBO according to Collateral Analytics. Before you decide to take on the challenge of selling your house on your own, let’s connect to discuss your options.

• New Index Reveals Impact of COVID-19 on Real Estate

  by The KCM Crew on June 25, 2020 at 10:00 am

  Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing industry, tracking each of the following: Housing Demand – Growth in online search activity Home