by Brandon Lamar | May 6, 2021 | Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no...
by Brandon Lamar | May 5, 2021 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money...
by Brandon Lamar | May 4, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths
The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020....
by Brandon Lamar | May 3, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank...
![Should I Buy Now or Wait? [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.52/074.bee.myftpupload.com/wp-content/uploads/2021/04/20210423-KCM-Share-1-549x300-1.png?time=1620347164)
by Brandon Lamar | Apr 29, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again. Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest...
by Brandon Lamar | Apr 28, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
The question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an...
by Brandon Lamar | Apr 27, 2021 | For Buyers, Housing Market Updates, New Construction
Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate...
by Brandon Lamar | Apr 26, 2021 | For Sellers, Move-Up Buyers, Pricing, Selling Myths
Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In...
![This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.52/074.bee.myftpupload.com/wp-content/uploads/2021/04/20210423-KCM-Share-549x300-1.png?time=1620347164)
by Brandon Lamar | Apr 23, 2021 | For Buyers, For Sellers, Housing Market Updates, Infographics
Some Highlights In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are evidence of a...
by Brandon Lamar | Apr 22, 2021 | For Buyers, For Sellers, Housing Market Updates
Don’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be...
