by Chuck Norsch | Apr 15, 2021 | For Sellers, Housing Market Updates, Luxury Market
As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The...
by Chuck Norsch | Apr 14, 2021 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Rent vs. Buy
A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the...
by Chuck Norsch | Apr 14, 2021 | For Buyers, For Sellers
Over the past year, we’ve had plenty of opportunities to reflect on what we consider most important in our lives. The place we call home is one of the biggest things many of us are reevaluating. George Ratiu, Senior Economist at realtor.com, shares: “The very nature...
by Chuck Norsch | Apr 14, 2021 | Distressed Properties, Foreclosures, Housing Market Updates
There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are...
![Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.214/668.73c.myftpupload.com/wp-content/uploads/2021/04/20210409-KCM-Share-549x300-1.png?time=1618520012)
by Chuck Norsch | Apr 14, 2021 | Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Senior Market
Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying...
by Chuck Norsch | Apr 14, 2021 | First Time Home Buyers, For Buyers, Rent vs. Buy
A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a...
by Chuck Norsch | Mar 17, 2021 | For Buyers, For Sellers, New Construction
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11,...
by Chuck Norsch | Mar 16, 2021 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has...
by Chuck Norsch | Mar 15, 2021 | First Time Home Buyers, For Buyers, Move-Up Buyers
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream...
![How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.214/668.73c.myftpupload.com/wp-content/uploads/2021/03/20210312-KCM-Share-549x300-1.png?time=1618520012)
by Chuck Norsch | Mar 12, 2021 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to...
