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Don't Let Frightening Headlines Scare You

Don't Let Frightening
Headlines Scare You | MyKCM

There's a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well.

Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we will continue to see a rash of horrifying headlines over the next few months. Let's make sure we aren't paralyzed by a headline before we get the full story.

When it comes to the health issue, you should look to the Centers...

Are We About to See a New Wave of Foreclosures?

Are We About to See a New
Wave of Foreclosures? | MyKCM

With all of the havoc being caused by COVID-19, many are concerned we may see a new wave of foreclosures. Restaurants, airlines, hotels, and many other industries are furloughing workers or dramatically cutting their hours. Without a job, many homeowners are wondering how they'll be able to afford their mortgage payments.

In spite of this, there are actually many reasons we won't see a surge in the number of foreclosures like we did during the housing crash over ten years ago. Here are just a few of those reasons:

The Government Learned its Lesson the Last Time

During the previous housing crash, the government was slow to recognize...

Yes, You Can Still Afford a Home

Yes, You Can Still Afford a
Home | MyKCM

The residential real estate market has come roaring out of the gates in 2020. Compared to this time last year, the number of buyers looking for a home is up 20%, and the number of home sales is up almost 10%. The increase in purchasing activity has caused home price appreciation to begin reaccelerating. Many analysts have boosted their projections for price appreciation this year.

Whenever home prices begin to increase, there's...

707 Cherry Street Novato CA 94945 - Just Listed!

707 Cherry front of house

707 Cherry Street in Novato, CA 94945 is 3 bedroom + 1 bath refreshed single level home on a large lot! My clients purchased the home with my help in 2013 and have loved the lifestyle that 707 Cherry Street has offered! 

707 Cherry Street Novato Front door

Located in a convenient Novato location just minutes from the Olive Elementary school, easy on/off freeway access and a short drive to Whole Foods, Trader Joes and bustling downtown Novato! They have enjoyed many...

Opportunity in the Luxury Market This Year

Opportunity in the Luxury
Market This Year | MyKCMHomes priced in the top 25% of a price range for a particular area of the country are considered premium homes. At the start of last year, many of the more expensive homes listed for sale hadn't seen as much interest, since much of the demand for housing over the past few years has come from first-time buyers looking for starter homes. It looks like buyer activity, however, is starting to show a shift in this segment. According to the January Luxury Report from the ...

The #1 Misconception in the Homebuying Process

The #1 Misconception in the
Homebuying Process | MyKCM

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:

A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise....

Does Aging in Place Make the Most Sense?

Does Aging in Place Make the
Most Sense? | MyKCM

A desire among many seniors is to age in place. According to the Senior Resource Guide, the term means,

…that you will be remaining in your own home for the later years of your life; not moving into a smaller home, assisted living, or a retirement community etcetera.

There is no doubt about it – there's a comfort in staying in a home you've lived in for many years instead of moving to a totally new or unfamiliar environment. There is, however, new information that suggests this might not be the...

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey

Three Reasons Why
Pre-Approval Is the First Step in the 2020 Homebuying Journey | MyKCM

When the number of buyers in the housing market outnumbers the number of homes for sale, it's called a seller's market. The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer scenarios and bidding wars, making it tough for buyers to land their dream...

Strength of the Economy Is Surprising the Experts

Strength of the Economy Is
Surprising the Experts | MyKCM

We're currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than the end of this year (2020). The same study done just three months ago showed more than one third of the economists still saw an economic slowdown right around the corner.

The news caused concern among consumers. This...

Where Have All the Houses Disappeared To?

Where Have All the Houses
Disappeared To? | MyKCM

If you're following what's happening in the current housing market, you've seen how the lack of newly constructed homes is a major reason there's a shortage of housing inventory available to today's buyers. Another reason is that the inventory of existing homes for sale is shrinking. According to the most recent Existing Home Sales Report from the National Association...

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