Two consecutive solid monthly gains for builder confidence, spurred in part by easing mortgage rates, signal that the housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams.
Builder confidence in the market for newly built single-family homes in February rose seven points to 42, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the strongest reading since September of last year.
With the largest monthly increase for builder sentiment s... Read more

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
Applying For a Mortgage? Here’s What You Should Avoid Once You Do. | MyKCM

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.

Don’t Deposit Large Sums of Cash
Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss... Read more

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer.

Whenever we try to forecast mortgage rates, we should consider the advice of Mark Fleming, Chief Economist at First American:

“You know, the fallacy of economic forecasting is don’t ever try and forecast intere... Read more

In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help ease those concerns and make the process to homeownership much easier to understand.

A recent survey conducted by Ipson and Freddie Mac reveals the confidence level of Gen Z and Millennial buyers regarding the homebuying process. The graph below... Read more

Whether you are a seller or a buyer in the real estate transactions, you must always thing in the long term of the real estate market. There are several factors that can influence tomorrow’s market and you must be prepared for both ups and downs. To sell your home for a profitable price, you must ensure that your house in good condition. This is because, buyers usually look for homes in to which they can move in immediately without having to get many things repaired. However, if you are relocating, then you must decide whether you wish to sell your current home and buy a new home in the new lo... Read more

You move into your new home for the first time after closing a profitable deal with great excitement! But what if, on your arrival, you find that the lawn is overgrown, the lights do not flicker, there is not even a lone bulb in any part of the house and the leaky plumbing is not fixed?? Such a situation is sure to frustrate you!

If you do not want to face any unpleasant surprises on your arrival, you must inspect the home before you move in! But remember, a walk though the entire house to inspect each and every corner of the property must be done at least a week before closing the d... Read more

Investing in real estate has been a booming business from many years. With many homes for sale in Elk Grove, you are sure to find homes that will suit your necessities and finances. Irrespective of the purpose of investment you want to make, you will need a plan. Especially when you are investing on a home with the intension of living in it, the planning must be effective and complete before you begin the investment.

When you want to make a serious investment on the homes for sale in Elk Grove, you will need sufficient time before you move to find a suitable home and negotiate a good ... Read more

As a realtor you will want to include photos of the property you market on your real estate websites. This is indeed a very good thought as community pictures play a very important role in marketing the local homes for sale. While capturing the photos for your website, you must take care to get all the basics of photography right. These basic aspects of real estate photography include queries on whether to use autofocus, reflection from flash, use of different digital camera features and the format of photo that will be uploaded. Here is a quick brush up on the important basics of photography…... Read more

Wish You All A Very Happy New Year 2010!!

Online real estate marketing gets more effective this year by including real estate videos on websites. Real estate videos provide access to all property for sale on the online listings. These videos provide buyers a very powerful buying solution that can be accessed from anywhere on the internet. With innovative technology tools, real estate videos provide access to property for sale in the neighborhood on the listings on the local MLS. The instinctive tools designed for the real estate videos make inspection of property and the neighborhood ... Read more