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Is the Shifting Market a Challenge or an Opportunity for Homebuyers?

Is the Shifting Market a
Challenge or an Opportunity for Homebuyers? | MyKCM

If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.

But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news for your homebuying plans.

The Challenge

There were many reasons for the limited number of homes on the...

SOLD: IT'S THE GOAL BUT NOT THE GLORY

Realtors are not sales people! There, I said it. Contrary to public opinion, reputation and all the negative attention that gets dumped on us we don't "sell" property. We manage and build relationships, guide clients through complicated and emotional transactions and creative problem solve. Realtors wear many hats but have one focus - our clients. What is best for them, how we can help them, how we can make their real estate dreams come true and hopefully with joy and the least amount of stress.

Some clients don't make it easy

My most recent closed transaction was one of the most difficult transactions of my career and nothing about preparing the home, managing my client, marketing the home, securing a buyer and then collectively managing the entire process until we closed escrow felt salesy for even one second. Realtors don't "sell" properties, we solve problems....

Having trouble finding the “perfect” home?

If you’re not finding the “perfect” home as soon as you’d like, it’s easy to become frustrated and feel as though you are at the whim of the market. I’m here to tell you that staying patient is not your only option. What you can do to regain control over your home search is take a more strategic approach to the inventory you’re looking for. By categorizing your search into three specific fields, you can take more control over your search by understanding what is realistic and how that reality compares to your dream home. The truth is, fantasizing about your dream home tends to be a very romanticized process, as if we could simply manifest the home of our dreams and it will magically appear on the market within days…but it’s not always that easy. When it comes to finding that home...

Start Your Home Search with these 3 Steps

Contemplating starting a home search but not quite sure where to start? While your first instinct will be to jump online and start shopping for houses, there are several more practical steps you can take to prepare for the home-buying process. Don’t get me wrong, shopping inventory is a very important and hopefully fun part of the process for you. It is important to understand different neighborhoods, styles of homes, and current price ranges to get familiar with your specific real estate market. However, there are several other factors that may impact your search and are important to understand at the beginning of your home search. Here are three things you can do to prepare yourself to buy your next home:  

  • Financial Assessment - Getting crystal clear on your finances will save you a lot of time you...

The Time for Buyers is...Now!

We are over halfway through 2022, and if you have been keeping up with the real estate market this year, you know things are quite different than they were 6 months ago! While the beginning of the year was filled with fierce competition over the limited inventory, multiple offers per home, and most homes selling for well over asking price within a short time frame of being listed, buyers can now enjoy a deep breath of relief as the real estate market in Marin is returning to a more balanced state. Here are three reasons why right now is a great time to be a buyer, despite what you see in the media.  

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A Window of Opportunity for Homebuyers

A Window of Opportunity for
Homebuyers | MyKCM

Mortgage rates are much higher today than they were at the beginning of the year, and that's had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales.

But the transition back toward pre-pandemic levels isn't a bad thing. In fact, the years leading up to the pandemic were some of the best the housing market has seen. That's why, as the market undergoes this shift, it's...

Your Carmel-By-The-Sea Guide: plan a weekend road trip out of Marin

If you’re looking for a quick weekend getaway, Carmel-by-the-Sea is high on my recommendation list. The drive from Marin is easy and fast, and there’s no shortage of things to do in this charming town. With gorgeous beaches and charming small-town vibes, this picturesque town will leave you feeling relaxed and refreshed. Whether you’re looking for good food, shopping opportunities,...

Open House Guide for Buyers

Headed to an open house this weekend? Nearly every Sunday I see buyers walking through my open houses having little idea what they are looking for, other than if they instinctively like or dislike the property. Savvy buyers, however, come prepared to maximize their time spent in the open home. You can find all sorts of tips on the internet about what to look for: that the appliances are in good condition, signs of water damage, ample storage space...all of which seem very standard...

Think Home Prices Are Going To Fall? Think Again

Think Home Prices Are Going
To Fall? Think Again | MyKCM

Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it's also caused some buyers to wonder if home prices will fall. It's important to know the housing market isn't a bubble about to burst, and home price growth is supported...

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