KCM Blog

From the monthly archives:

December 2009

Real Estate 2010: New Year, Less Fear

December 31, 2009

“Fear always springs from ignorance.” -Ralph Waldo Emerson Unlike last year, we are better prepared for the challenges ahead of us.  Knowing how the market is moving will help us in the decisions we make.  Here are a few things to consider when making your move into the New Year: Mortgaging Interest Rates – Rates remained [...]

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Looking Back: Top 10 Real Estate Stories of 2009

December 30, 2009

The last week of December is always an interesting time. As we plan for the next year, we like to look back on all the important stories and events of the last year. We will gather around the television or paper and endlessly quiz each other on the multitude of Top 10 Lists that inevitably appear. Here [...]

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OMG! Is that a Luxury Home Buyer I See?

December 29, 2009

Yesterday, we reported on the differences between two major housing reports that were released last week. Today, I want to comment on something both reports had in common but has been vastly under-reported: the sudden increase in sales of luxury homes. The past several months have shown a tremendous uptick in buyer activity. And, though [...]

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Home Sales: UP…no wait…DOWN…no wait…

December 28, 2009

This past week there were two different housing reports released. The first was the National Association of Realtors’ ‘Existing-Home Sales Report’ and the other was the U.S. Census Bureau’s ‘New Construction Report’. The most confusing part of the news is how divergent the data on the reports was. The Existing-Home Sales Report showed a month-over-month [...]

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Happy Holidays to the KCM Community!

December 24, 2009

We would like to thank you all for your continued contribution to the KCM Community. From sharing our articles on Facebook and Twitter, to continually engaging our KCM Authors with questions and comments, you have helped further our mission of helping people through this complex Housing Market. And for that we are deeply grateful. We [...]

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Strategic Defaults: Naughty or Nice?

December 23, 2009

You can’t pick up a paper or turn on a television today without hearing about the foreclosure situation in this country. There is no doubt the current economy and unemployment numbers have devastated the finances of many families and thus made it impossible for them to pay their mortgage. However, what many don’t realize is that [...]

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Should You Be Afraid of Shadows?

December 22, 2009

The two most important factors whenever you price anything is the demand for that item and the current supply of that item. It is well known as the supply and demand curve. Real estate is no different.  So, as we are about to head into 2010, let’s look at the potential demand for residential housing [...]

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Bigger Ads Don’t Make Dumber Buyers

December 21, 2009

Being ‘in and around’ the real estate business for most of my adult life, I am still confused about the importance both sellers and real estate agents give to advertising.  Decades ago, advertising a home was important to attract a buyer because there was no other way for an individual real estate office to announce to [...]

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The million $ short sale has arrived!

December 18, 2009

During the past week, this blog has concentrated on short sales and mortgage information you could use if you decided to buy a distressed property. It is important that we realize that short sales will be prominent in every market and AT EVERY PRICEPOINT!! Yesterday, Bloomberg posted an article regarding homeowners doing short sales on their million dollar homes. [...]

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Money to Purchase AND Renovate Your Home

December 17, 2009

Whether you are looking at a Foreclosed Home, Bank REO, a Short Sale, or any home really, you need to be aware of the FHA 203K Program.  The general condition of real estate has taken a dip over the past few years, as homeowners are not sprucing up their homes as they have in the [...]

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