Let’s say you find a home you want to purchase for the median price of $366,900. Based on the 2-5% Freddie Mac estimate, your closing fees could be between roughly $7,500 and $18,500. Keep in mind, if you’re in the market for a home above or below this price range, your closing costs will be higher or lower.The housing market is expected to be more active in 2024. That may be in part because there will always be people who need to move. People will get new jobs, have children, get married or divorced – these and other major life changes lead people to move regardless of housing market conditions. That will remain true next year, and for years to ...Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …3 Plan. 4 Finish. The market insights and marketing tools you need to be the expert. Marketing tools you can personalize. Professionally written content. Educational guides for your buyers and sellers. Social graphics that show what's happening.Steve Harney, Founder of Keeping Current Matters and Visionary Leader in Real Estate, Has Passed Away Read more → March 8, 2024 / 0 … At Keeping Current Matters (KCM), we believe every family should feel confident when buying and selling a home. Since 2007, we have equipped real estate agents with hyper-relevant, easy-to ... From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.Keep current on news and insights of the national housing market with articles from the most shared content in real estate. Share a branded version of the KCM blog, …The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ...One of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with mortgage rates, it does have an impact. Recently inflation has started to cool, a signal those increases worked and are bringing ...Below are the expected year-over-year rates of home price appreciation based on the average of all 100+ projections: 2022: 9%. 2023: 4.74%. 2024: 3.67%. 2025: 3.41%. 2026: 3.57%. Those responding to the survey believe home price appreciation will still be relatively high this year (though half of what it was last year), and then return to more ...Expert Home Price Forecasts Revised Up for 2023. Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.Step 4: Key Point & Takeaway #2. In the second key point, you want to make sure you’re bringing the whole story together. This is also a good time to add local flair. For instance, you can swap the “median price” amount for that in your …277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)a podcast by Keeping Current Matters A podcast bringing you the latest housing market insights & business strategies from top agents and experts Every day the housing market changes, often bringing along new challenges with it. Keep current on news and insights of the national housing market with articles from the most shared content in real estate. Share a branded version of the KCM blog, complete with your name & contact info The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any other month since last May. As you can see in the graph, it’s normal for showings to increase early in the year, but the jump this January was larger than usual, and a lot of that has to do with mortgage rates.An agent knows all of these best practices and will share them with you along the way, so you don’t miss any key steps by the time you get to the closing table. Pointed Out Unnoticed Features or Faults with the Home: An agent also has a lot of experience evaluating homes. They’ve truly seen it all. They’ll be able to pinpoint some things ...1. People Are Moving to Cities with Lower Housing Costs. One big factor motivating where buyers are going is affordability and that’s no big surprise. People are relocating to areas that have less expensive housing options. As a result, small cities are thriving. Hannah Jones, Economics Data Analyst at Realtor.com, summarizes why:To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal levels. According to a recent report from Realtor.com : “On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels.”.Regularly posting blog content online will help you establish online credibility and stand out from the crowd, which is especially important in real estate. Through regular, relevant, fresh new posts, we help you position yourself online as a real estate expert in order to build trust and relationships with your prospects & clients – with no ...Mar 20, 2023 · A key advantage of homeownership is that it’s one of the best hedges against inflation. When you buy a home with a fixed-rate mortgage, you secure your housing payment, so it won’t go up like it would if you rent. Homeownership is a powerful wealth-building tool. The average net worth of a homeowner is $255,000 compared to $6,300 for a renter. So, when you find the home you want to buy, remember these four tips to make your best offer. 1. Lean on a Real Estate Professional. Rely on an agent who can support your goals. As Bankrate notes: “. . . select the best real estate agent for your needs. They will be a critical part of your home buying process.”. Agents are local market experts.As an article from Investopedia explains: “If someone wants to view your house, you need to accommodate them, even if it inconveniences you. Clean and tidy the house before every single visit. A buyer won’t know or care if your house was clean last week. It’s a lot of work, but stay focused on the prize.”. To figure out what’s best ...According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner’s equity has grown by $64,000 over the last 12 months. While that’s the nationwide number, if you want to know what’s happening in your area, look at the map below. It breaks down the average year-over-year equity growth for each state using the …Below are the expected year-over-year rates of home price appreciation based on the average of all 100+ projections: 2022: 9%. 2023: 4.74%. 2024: 3.67%. 2025: 3.41%. 2026: 3.57%. Those responding to the survey believe home price appreciation will still be relatively high this year (though half of what it was last year), and then return to more ...Confidently establish credibility as a trusted advisor in the real estate market by staying up-to-date on the latest news and insights.Some Highlights. Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.; Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation …President Joe Biden and former President Donald Trump continue to move toward a rematch in November after clinching their parties' presidential …Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have …“Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence. ...Jan 3, 2024 · As an article from the National Association of Realtors (NAR) says: “Mortgage rates likely have peaked and are now falling from their recent high of nearly 8%. . . . This likely will improve housing affordability and entice more home buyers to return to the market . . .”. No one can say with absolute certainty where mortgage rates will go ... The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ...George Ratiu, Chief Economist at Keeping Current Matters, explains: “Builders are also responding to this shift by bringing slightly smaller homes to market in an effort to meet lower price points . . .”. New data from the Census further confirms this pattern – it shows the median sales price of newly built homes has dipped down in recent ...To do this, we recommend posting pictures of landmarks and favorite spots around town or creating videos that highlight local businesses you love. Check out more ideas for real estate instagram posts and plan out your content calendar. 2. Engage Your Community. This is where the hard work comes in.Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …A PEAR (Professional Equity Assessment Report) will show them they probably have more than they realize. And if they decide to move, they can use all that equity toward the purchase of their next home. Offer a PEAR to your clients and let them know you can help them determine just how much equity they have right now – and how they can put it ...It shows supply this year has surpassed 2021 levels by over 30%. But the further back you look, the more you’ll understand the big picture. Compared to 2020, we’re just barely above the level of inventory we saw then. And if you go all the way back to 2019, the last normal year in real estate, we’re roughly 40% below the housing supply we ...Today, unsold inventory sits at just a 3.2-months’ supply at the current sales pace, which is significantly lower than the last time. There just isn’t enough inventory on the market for home prices to come …Keeping Current Matters is a content curation platform for real estate professionals. As a realtor, you can search content for different real estate categories and then …The first is the mortgage rate lock-in effect. Basically, some homeowners are reluctant to sell because of where mortgage rates are right now. They don’t want to move and take on a rate that’s higher than the one they have on their current home. The chart below helps illustrate just how many homeowners may find themselves in this situation:Download our Perfect Listing Presentation template and personalize it to your branding for a quick and easy way to make a big impact in your real estate marketing. P.s. – it’s free! With low inventory plaguing most markets around the country, buyers aren't waiting until the spring to start looking. This is why your clients should sell.Keep in mind that homeowners today have record amounts of equity. According to CoreLogic, the average amount of equity per mortgage holder has climbed to almost $290,000. That means the equity you have in your house right now could cover some, if not all, of a down payment on the home of your dreams. And as you weigh the …Some Highlights. Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.; Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation … Keep current on news and insights of the national housing market with articles from the most shared content in real estate. Share a branded version of the KCM blog, complete with your name & contact info Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are …While industry experts don’t expect the 2023 housing market to be as volatile as 2022, current projections are based on the current economic status of the country. With that likely to change as the year progresses, we are also likely to see projections adjust along with it. Ultimately, your most important role in 2023 is to be the educated ...Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom. The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time.Based on this data, it’s clear no matter what your income level is, owning a home can really boost your wealth. Nicole Bachaud, Senior Economist at Zillow, shares: “The biggest asset most people are ever going to own is a home. Homeownership is really that financial key that helps unlock stability and wealth preservation across generations.”.In reality, even in a sellers’ market, selling on your own likely means you’ll net a lower profit than when you sell with the help of an agent. The NAR report explains: “FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $217,900 in 2020 (up from $200,000 in 2019), and still far lower than ...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.Jan 23, 2024 · Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with ... As an article from the National Association of Realtors (NAR) says: “Mortgage rates likely have peaked and are now falling from their recent high of nearly 8%. . . . This likely will improve housing affordability and entice more home buyers to return to the market . . .”. No one can say with absolute certainty where mortgage rates will go ...Mar 8, 2024 · Keeping Current Matters Launches KCM Local, Provides Localized Housing Market Data Down to Zip Code Keeping Current Matters Selected as 2023 HousingWire Tech100 Real Estate Honoree Keeping Current Matters Joins Tom Ferry’s 2023 Roadmap Tour for Agents An article from Freddie Mac explains: “The lack of housing supply was partly driven by the rate lock-in effect. . . . With higher rates, the incentive for existing homeowners to list their property and move to a new house has greatly diminished, leaving them rate locked.”. These homeowners decided to stay put and keep their current lower ...It’s clear the 2022 housing market has been defined by rising mortgage rates.With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.”With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11 th consecutive year, consistently beating other investment types like …“Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence. ...7204 Glen Forest Dr Suite 204 Richmond, VA 23226 (631) 787-6200. Email KCMDiscover Keeping Current Matters Working Coupon Code - "pricing20" If you're searching for outstanding savings at Keeping Current Matters, the coupon code "pricing20" is your key to unlocking exceptional discounts. Known for offering a consistent 20% off, this code is a favorite among cost-conscious consumers.Keeping Current Matters. @keepingcurrentmatters ‧ 17.3K subscribers ‧ 308 videos. Keeping Current Matters helps real estate agents become trusted …From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal levels. According to a recent report from Realtor.com : “On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels.”.8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCMSubscribe to the KCM Blog. Get fresh, relevant real estate content in your inbox every day. TRY FREE FOR 14 DAYS. Keeping Current Matters helps agents explain what’s happening in the market and how it affects their buyers and sellers by giving them the tools they need to stay on top of the ever-changing real estate landscape.Keeping Current Matters helps real estate agents become trusted advisors with curated market insights and educational content. If you're a real estate profes...Something went wrong. There's an issue and the page could not be loaded. Reload page. 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)The housing market is expected to be more active in 2024. That may be in part because there will always be people who need to move. People will get new jobs, have children, get married or divorced – these and other major life changes lead people to move regardless of housing market conditions. That will remain true next year, and for years to ...All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. And, this month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could ...8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCMSubscribe to the KCM Blog. Get fresh, relevant real estate content in your inbox every day. TRY FREE FOR 14 DAYS. Keeping Current Matters helps agents explain what’s happening in the market and how it affects their buyers and sellers by giving them the tools they need to stay on top of the ever-changing real estate landscape.STEP 2: Start your FREE trial of the KCM membership. Do you also want MORE content that’s easy to email and share with your clients? Do you want to keep current with what’s happening in the real estate market? Try out …An agent knows all of these best practices and will share them with you along the way, so you don’t miss any key steps by the time you get to the closing table. Pointed Out Unnoticed Features or Faults with the Home: An agent also has a lot of experience evaluating homes. They’ve truly seen it all. They’ll be able to pinpoint some things ...Keeping Current Matters. At KCM, our mission is to change the way. real estate advisors educate and serve their clients. We hope you’ll join the thousands of real estate professionals across the country who utilize. the information and knowledge available through KCM to help grow their businesses and. consistently raise the bar of what it ...Average Equity Growth over Time. The study from NAR breaks down the typical equity gain over time ( see graph below ). It calculates the equity a homeowner potentially gained if they purchased the median-priced home 5, 10, or 30 years ago and still own it today. These six-figure numbers are impressive and certainly enough to help you fuel a ...Because of this, the Fed decided to increase the Federal Funds Rate again last week. As Jerome Powell, Chairman of the Fed, says: “We remain committed to bringing inflation back to our 2 percent goal and to keeping longer-term inflation expectations well anchored.”. Greg McBride, Senior VP, and Chief Financial Analyst at Bankrate, explains ...1. People Are Moving to Cities with Lower Housing Costs. One big factor motivating where buyers are going is affordability and that’s no big surprise. People are relocating to areas that have less expensive housing options. As a result, small cities are thriving. Hannah Jones, Economics Data Analyst at Realtor.com, summarizes why:Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters noted below is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation. The graph below outlines each expert forecast to show where they project home prices are going in the coming year.Feb 19, 2024 · The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning. Pay attention to details like scrubbing grout lines, polishing fixtures, and decluttering countertops. A sparkling kitchen and bathroom can leave a lasting ... Keeping Current Matters Mobile - Apps on Google Play. 3.9 star. 22 reviews. 5K+. Downloads. Everyone. info. Install. About this app. arrow_forward. … 631.787.6200. 7204 Glen Forest Drive, Suite 204. Richmond, Virginia 23226. General Inquiries | [email protected]. Member Support | [email protected]. See pricing for Keeping Current Matters' personalized real estate content and resources to help you share knowledge with current and potential clients. One of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with mortgage rates, it does have an impact. Recently inflation has started to cool, a signal those increases worked and are bringing ...Premier family health wellington, One 800 contacts, Saars super saver foods, First book, Secu maryland, Mall of georgia honda, Sugar land financial center, Sikich, Pennington biomedical research center, Inn at grand glaize, Tanger outlets, Rock city kicks, Jazz dancers, Marine toys for tots
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice …. Frenchies clear water
stuart mortuaryIn the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. …A Window of Opportunity for Homebuyers. 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 …An agent knows all of these best practices and will share them with you along the way, so you don’t miss any key steps by the time you get to the closing table. Pointed Out Unnoticed Features or Faults with the Home: An agent also has a lot of experience evaluating homes. They’ve truly seen it all. They’ll be able to pinpoint some things ...Today’s market is nearly the exact opposite. Since the housing crash of 2008: Lending standards have tightened. The market is under-supplied rather than over-supplied on inventory. Most homeowners are much more cautious with their equity. Plus, housing market experts are forecasting continued price appreciation this year, as demand continues ...These Non-Financial Benefits Turn a House into a Happy Home. There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. December 25, 2023 by KCM CREW. For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths.Think Twice Before Waiting for 3% Mortgage Rates. Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and …And the 2022 National Housing Forecast from realtor.com projects prices for vacant units will continue to increase this year: “In 2022, we expect this trend will continue and fuel rent growth. At a national level, we forecast rent growth of 7.1% in the next 12 months, somewhat ahead of home price growth . . .”.Hey, KCM Crew! 🏡 Dive into the latest real estate trends with our January Monthly Market Report (MMR) replay. As we officially kick off 2024, there's good ...Nov 30, 2022 · A recent report from ATTOM Data explains it by going even deeper into the numbers: “Only about 214,800 homeowners were facing possible foreclosure in the second quarter of 2022, or just four-tenths of one percent of the 58.2 million outstanding mortgages in the U.S. Of those facing foreclosure, about 195,400, or 91 percent, had at least some ... Mar 6, 2024 · Keeping Current Matters helps real estate professionals build confidence and trust while getting time back in your busy day to focus on what matters most: your clients. "This app is a game changer." - Ed Brittingham, RE/MAX Eclipse “There is no other service in the market today that compares to KCM.” - Fernando Herboso, Maxus Realty Group Think Twice Before Waiting for 3% Mortgage Rates. Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and …Discover Keeping Current Matters Working Coupon Code - "pricing20" If you're searching for outstanding savings at Keeping Current Matters, the coupon code "pricing20" is your key to unlocking exceptional discounts. Known for offering a consistent 20% off, this code is a favorite among cost-conscious consumers.Think Twice Before Waiting for 3% Mortgage Rates. Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and … At Keeping Current Matters (KCM), we believe every family should feel confident when buying and selling a home. Since 2007, we have equipped real estate agents with hyper-relevant, easy-to ... Easy-to-Deliver Real Estate Content – Keeping Current Matters. The KCM Membership. provides you with. The Most Relevant Topics. Establish trust with insights and data that answer the toughest questions and address the concerns of … “Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence.” However, unlike the Housing Bubble years of the mid-2000s, the major factor driving up home values is that we’re also in a dire inventory shortage. A balanced real estate market’s inventory sits around 6 months. Today’s current market is at 1.7 months, a historically low amount of homes for sale. In comparison, the inventory level from ... With a career spanning over 30 years, Steve began his journey first as a real estate agent and then went on to develop his own 500-agent real estate firm, which he sold in 2005. In 2007, he founded Keeping Current Matters (KCM) which now helps over 30,000 real estate and mortgage professionals explain the complexities of the housing market to ...March 15, 2024 at 4:52 AM PDT. Listen. 3:05. Hong Kong’s government is considering keeping Eddie Yue as its de-facto central bank chief after his …Feb 22, 2024 · 2024 Home Price Forecasts: Then and Now. The chart below shows what seven expert organizations think will happen to home prices in 2024. It compares their first 2024 home price forecasts (made at the end of 2023) with their newest projections: The middle column shows that, at first, these experts thought home prices would only go up a little ... Feb 13, 2024 · The 3By30 program offers valuable resources for Black buyers, making it easier for them to secure a down payment and buy a home. For Native Americans, Down Payment Resource highlights 42 U.S. homebuyer assistance programs across 14 states that make homeownership more attainable by providing support with down payments and other costs. The Impact of Rising Mortgage Rates. As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works. Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500 ).To do this, we recommend posting pictures of landmarks and favorite spots around town or creating videos that highlight local businesses you love. Check out more ideas for real estate instagram posts and plan out your content calendar. 2. Engage Your Community. This is where the hard work comes in.Keeping Current Matters Pricing*. The basic plan is $39.95/mo and gets you daily blog posts, the buyer and seller guides, access to their Facebook group, and market reports. The Pro version is $59.95/mo. It adds videos and social media graphics. There is …The national CoreLogic Home Price Index recorded an 11.4% rise in the year through March 2021, leading to a $216,000 increase in the average amount of equity held by homeowners with a mortgage.”. The expected, sustained growth of home prices means homeowners can continue to build on the past year’s record levels of home equity – and …Freddie Mac explains it like this: “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum offer. Ultimately, you should only borrow an amount you are comfortable repaying.”.Mar 8, 2024 · Keeping Current Matters Launches KCM Local, Provides Localized Housing Market Data Down to Zip Code Keeping Current Matters Selected as 2023 HousingWire Tech100 Real Estate Honoree Keeping Current Matters Joins Tom Ferry’s 2023 Roadmap Tour for Agents Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice …David Childers, CEO at Keeping Current Matters, speaks to this statistic in the recent How’s The Market podcast: “Three quarters of buyers said ‘we’re out’ due to mortgage rates. Here’s what I know going forward. That will change in 2024.”. That’s because mortgage rates have come down off their peak last October.Keeping Current Matters. 15.7K subscribers. 3.2K views 3 years ago. In this video, Alexis, one of KCM's Member Support Specialists, walks through the …Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have …Specifically, there were 20.6% more homes available for sale ranging between $200,000 and $350,000 in February 2024 than a year ago, …Freddie Mac explains it like this: “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum offer. Ultimately, you should only borrow an amount you are comfortable repaying.”.Jul 22, 2021 · The latest Monthly Housing Market Trends Report from realtor.com says: “In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the ... In lieu of flowers, the family requests contributions to Habitat for Humanity, reflecting Steve’s lifelong dedication to the cause. His commitment to homeownership is unending. You can donate here: If you would like to send cards of condolence, you can do so here: The Harneys Keeping Current Matters8720 Stony Point Parkway, Suite 400Richmond ... Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom. The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time.Hey, KCM Crew! 🏡 Dive into the latest real estate trends with our January Monthly Market Report (MMR) replay. As we officially kick off 2024, there's good ...Email. Password. Sign in with. Forgot password? | Not Yet a Member? We create content and tools that help real estate agents position themselves as market …If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you're worried about falling home prices, don't be.Jan 1, 2024 · The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ... Keeping Current Matters Blog. Contact Your KCM Support Team. Chat with us live: (631) 593-5700; Email us: [email protected]; Your KCM Resources. ... Average Equity Growth over Time. The study from NAR breaks down the typical equity gain over time ( see graph below ). It calculates the equity a homeowner potentially gained if they purchased the median-priced home 5, 10, or 30 years ago and still own it today. These six-figure numbers are impressive and certainly enough to help you fuel a ...A local real estate advisor is knowledgeable about: The value of homes in your neighborhood. The current demand for houses in today’s market. The condition of your house and how it affects the value. A real estate professional will balance these factors to make sure the price of your house makes the best first impression and gives you the ...Opportunity #2: Sell Before You Have More Competition. Just know that, in order to make sure your house shines above the rest, it may make sense to put your home up for sale before your neighbors do the same, creating more competition in your area. The increase in the number of homes being listed for sale is expected to continue, and a …George Ratiu, Chief Economist at Keeping Current Matters, explains: “Builders are also responding to this shift by bringing slightly smaller homes to market in an effort to meet lower price points . . .”. New data from the Census further confirms this pattern – it shows the median sales price of newly built homes has dipped down in recent ...Business Insider explains: “The Federal Reserve slows inflation by raising the federal funds rate, which can indirectly impact mortgages. High inflation and investor expectations of more Fed rate hikes can push mortgage rates up. If investors believe the Fed may cut rates and inflation is decelerating, mortgage rates will typically trend downJan 22, 2024 · A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re ready to sell. 1. Price Your Home Right. The housing market shifted in 2023 as mortgage rates rose and home price appreciation started to normalize once again. As a seller, you still need to ... We're sorry but the KCM Free Trial form doesn't work properly without JavaScript enabled. Please enable it to continue. Keeping Current Matters is a membership service that provides personalized, easy-to-deliver marketing content for real …According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner’s equity has grown by $64,000 over the last 12 months. While that’s the nationwide number, if you want to know what’s happening in your area, look at the map below. It breaks down the average year-over-year equity growth for each state using the …Jul 22, 2021 · The latest Monthly Housing Market Trends Report from realtor.com says: “In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the ... 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)7204 Glen Forest Dr Suite 204 Richmond, VA 23226 (631) 787-6200. Email KCMFrom there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum …May 2, 2023 · This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ... Feb 17, 2022 · Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom. The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. Jul 22, 2021 · The latest Monthly Housing Market Trends Report from realtor.com says: “In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the ... Based on what you’re hearing in the news about home prices, you may be worried they’re falling.But here’s the thing. The headlines aren’t giving you the full picture.. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight declines …March 7, 2024, 10:10 pm By Sarah Wheeler. Steve Harney, founder of Keeping Current Matters and a force in real estate for four decades, died suddenly on …Keeping Current Matters. 15.7K subscribers. 3.2K views 3 years ago. In this video, Alexis, one of KCM's Member Support Specialists, walks through the … We're sorry but the KCM Free Trial form doesn't work properly without JavaScript enabled. Please enable it to continue. Jan 1, 2024 · The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ... In lieu of flowers, the family requests contributions to Habitat for Humanity, reflecting Steve’s lifelong dedication to the cause. His commitment to homeownership is unending. You can donate here: If you would like to send cards of condolence, you can do so here: The Harneys Keeping Current Matters8720 Stony Point Parkway, Suite 400Richmond ... Discover Keeping Current Matters Working Coupon Code - "pricing20" If you're searching for outstanding savings at Keeping Current Matters, the coupon code "pricing20" is your key to unlocking exceptional discounts. Known for offering a consistent 20% off, this code is a favorite among cost-conscious consumers.. 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