Home Prices: What Happened in 2020? What Will Happen This Year?
The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal Housing Finance Agency (FHFA) Division […]
What Are the Benefits of a 20% Down Payment?
If you are thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the purchase price to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want […]
![It’s a Sellers’ Market [INFOGRAPHIC],Steve Fiorella](https://files.mykcm.com/2021/02/25131035/20210226-MEM-1046x1503.png)
It’s a Sellers’ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are firmly in the driver’s seat. Let’s connect today if you are ready to learn […]
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