First Time Homebuyers

March 7, 2019

Recession Proof Market

Why An Economic Slowdown Will NOT Crush Real Estate This Time

 

South Bend Indiana Real Estate

Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. The survey revealed that a majority of the panel believe an economic slowdown is in the near future:

“While only 10% of panelists ...

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March 5, 2019

Why Buying a Home Young is Key!

Buying A Home Young Is The Key To Building Wealth

Buying a Home Young is the Key to Building Wealth

Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their ...

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March 4, 2019

Interest Rates at 12 Month low??

Interest Rates Hit New 12 Month Low!

Interest Rates Hit New 12 Month Low! | MyKCM

According to Freddie Mac’s Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at their lowest for 2019. Rates like these haven’t been seen since February 2018!

Last week’s survey results reported an interest rate of 4 ...

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March 2, 2019

Home Prices up over 5% Nationally

 

Home Prices Up 5.73% Across the Country! [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
  • In the report, home prices are compared both regionally and by state.
  • Based on the latest numbers, if you plan on relocating to another state, waiting to move may end ...
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Feb. 28, 2019

Home Prices Leveling

No Worries Michiana… Home Prices Coming in for a SOFT Landing

No Worries… Home Prices Coming in for a SOFT Landing | MyKCM

Home prices have appreciated considerably over the last five years. This has some concerned that we may be in for another dramatic correction. However, recent statistics suggest home values will not crash as they did a decade ago. Instead ...

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Feb. 26, 2019

Building Wealth through Homeownership

How Can I Increase My Michiana Family’s Net Worth?

How Can I Increase My Family’s Net Worth? | MyKCM

Every three years, the Federal Reserve conducts their Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016.

The study revealed that the median net worth of a homeowner is $231,400 ...

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Feb. 26, 2019

Homeownership Benefits

What are the Benefits of Becoming a Homeowner in the South Bend area?

What are the Benefits of Becoming a Homeowner? | MyKCM

Every family has a list of important dates. We celebrate birthdays, anniversaries, pet adoptions…and the list goes on. For 64.4 percent of households in the United States, this list includes the day they became a homeowner ...

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