KCM Blog

Posts tagged as:

Home Sales

The Silver Lining in Today’s Cloudy Market

February 22, 2010

There is no doubt that the immediate future of today’s housing market is, at best, cloudy. However, there is at least one silver lining which oft times goes unmentioned – affordability. We sometimes tend to concentrate on the seller in this market. There is no doubt that many sellers have seen much, if not all, [...]

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What Happens When the Fed Exits the Market?

January 26, 2010

The Fed is scheduled to exit the housing market this spring. The Home Buyer Tax Credit ends on April 30, 2010 (the date the house must be in contract). The Fed has already announced that their program purchasing mortgage-backed securities will expire on March 31, 2010. Most anticipate a quick and dramatic rise in interest [...]

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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 at historic levels [...]

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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 are [...]

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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 increase [...]

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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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Existing Sales Skyrocket 10.1% !!

November 24, 2009

Today’s Talking Point 11/24/2009
NAR released their Existing Sales Report yesterday. The key points:
Sales
Existing-home sales – including single-family, townhomes, condominiums and co-ops – surged 10.1 percent over last month’s numbers and is 23.5 percent above the level in October 2008.
Inventory
Total housing inventory at the end of October fell 3.7 percent to 3.57 million existing homes available [...]

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Today's Talking Point 11/03/09

November 3, 2009

Pending Sales Up Again!!
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Today's Talking Point 11/02/2009

November 2, 2009

7 Step Action Plan for Tax Credit Extension
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Today's Talking Point 10/26/09

October 26, 2009

Existing Home Sales Skyrocket – What does that mean to your business?
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