CBDP Happenings
Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
By KCM Team
Posted by Inactive Shanna Shepherd on August 18, 2022 in
uncategorized
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.
But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news ... read more
Planning To Retire? Your Equity Can Help You Reach Your Goal.
By KCM Team
Posted by Inactive Shanna Shepherd on August 22, 2022 in
uncategorized
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired.If this sounds like you, one thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn’... read more
Experts Increase 2022 Home Price Projections
By KCM Crew
Posted by Inactive Shanna Shepherd on August 24, 2022 in
uncategorized
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation from their original 2022 forecasts (shown in green in the chart below):
As the chart shows, most sources adjusted up, and now call for more appr... read more
Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash
By KCM Team
Posted by Inactive Shanna Shepherd on August 30, 2022 in
uncategorized
Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008.
One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places:
Current homeowners p... read more
How Owning a Home Builds Your Net Worth
By KCM Team
Posted by Inactive Shanna Shepherd on September 07, 2022 in
uncategorized
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.
If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward homeownership.
Owning a Home Is a Key Ingredient for Financial Suc... read more
