Mortgage Rates Will Come Down, It’s Just a Matter of Time. Rising mortgage rates defined the 2022 housing market, and it’s no surprise why. This year saw the largest increase in mortgage rates in over 20 years, sidelining many potential homebuyers. Today, interest rates have shown signs of moderating, and as inflation concerns ease, experts ...Mar 20, 2023 · A key advantage of homeownership is that it’s one of the best hedges against inflation. When you buy a home with a fixed-rate mortgage, you secure your housing payment, so it won’t go up like it would if you rent. Homeownership is a powerful wealth-building tool. The average net worth of a homeowner is $255,000 compared to $6,300 for a renter. Step 4: Key Point & Takeaway #2. In the second key point, you want to make sure you’re bringing the whole story together. This is also a good time to add local flair. For instance, you can swap the “median price” amount for that in your …3 Plan. 4 Finish. The market insights and marketing tools you need to be the expert. Marketing tools you can personalize. Professionally written content. Educational guides for your buyers and sellers. Social graphics that show what's happening.As an article from Investopedia explains: “If someone wants to view your house, you need to accommodate them, even if it inconveniences you. Clean and tidy the house before every single visit. A buyer won’t know or care if your house was clean last week. It’s a lot of work, but stay focused on the prize.”. To figure out what’s best ...The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ... Keeping Current Matters is your go-to source for content that builds trust so you can spend less time worrying about what to say and more time giving expert guidance to your clients. What you’ll love about Keeping Current Matters: PERSONALIZED CONTENT Make your client education strategy easy with new, ready-to-share personalized content. But that’s not the best strategy. A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:Average Equity Growth over Time. The study from NAR breaks down the typical equity gain over time ( see graph below ). It calculates the equity a homeowner potentially gained if they purchased the median-priced home 5, 10, or 30 years ago and still own it today. These six-figure numbers are impressive and certainly enough to help you fuel a ...The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning. Pay attention to details like scrubbing grout lines, polishing fixtures, and decluttering countertops. A sparkling kitchen and bathroom can leave a lasting ...The first is the mortgage rate lock-in effect. Basically, some homeowners are reluctant to sell because of where mortgage rates are right now. They don’t want to move and take on a rate that’s higher than the one they have on their current home. The chart below helps illustrate just how many homeowners may find themselves in this situation:And the 2022 National Housing Forecast from realtor.com projects prices for vacant units will continue to increase this year: “In 2022, we expect this trend will continue and fuel rent growth. At a national level, we forecast rent growth of 7.1% in the next 12 months, somewhat ahead of home price growth . . .”.1. Get One Step Ahead of Other Sellers. Typically, in the residential real estate market, homeowners are less likely to list their houses toward the end of the year. That’s because people get busy around the holidays and deprioritize selling their house until the start of the new year when their schedules and social calendars calm down.Not Freshened Up Before Listing – If It Looks Good, It’ll Make a Good Impression. When selling your house, the old saying “you never get a second chance to make a first impression” matters. Putting in the work on the exterior of your home is just as important as what you stage inside. Freshen up your landscaping to improve your home’s ...Jul 22, 2021 · The latest Monthly Housing Market Trends Report from realtor.com says: “In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the ... Keeping Current Matters is your go-to source for content that builds trust so you can spend less time worrying about what to say and more time giving expert guidance to your clients. What you’ll love about Keeping Current Matters: PERSONALIZED CONTENT Make your client education strategy easy with new, ready-to-share personalized content.They include: Tracking your credit and disputing any errors that show up on your reports. Paying your bills on time. This includes making loan payments and paying down any open lines of credit. Keeping your credit card balances low. Paying more than your minimum monthly balance when you’re able can help.As George Ratiu, Chief Economist at Keeping Current Matters (KCM), explains: “The only times the spread approached or exceeded 300 basis points were during periods of high inflation or economic volatility, like those seen in the early 1980s or the Great Financial Crisis of 2008-09.”. The graph below uses historical data to help illustrate ...STEP 2: Start your FREE trial of the KCM membership. Do you want readymade, personalized videos to share with your clients? Do you want to keep current with what’s happening in the real estate market? Try out our content and tools that position you as a real estate market expert and help you educate your clients. Only $39.95 per month after ... “Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence.” 8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCM McBride is an expert on the housing market, and after closely following the data and market environment leading up to the crash, he was able to see the foreclosures coming in 2008. With the same careful eye and analysis, he has a different take on what’s ahead in the current market: “There will not be a foreclosure crisis this time.”.Jan 22, 2024 · A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re ready to sell. 1. Price Your Home Right. The housing market shifted in 2023 as mortgage rates rose and home price appreciation started to normalize once again. As a seller, you still need to ... As an article from Investopedia explains: “If someone wants to view your house, you need to accommodate them, even if it inconveniences you. Clean and tidy the house before every single visit. A buyer won’t know or care if your house was clean last week. It’s a lot of work, but stay focused on the prize.”. To figure out what’s best ...And the 2022 National Housing Forecast from realtor.com projects prices for vacant units will continue to increase this year: “In 2022, we expect this trend will continue and fuel rent growth. At a national level, we forecast rent growth of 7.1% in the next 12 months, somewhat ahead of home price growth . . .”.Jan 22, 2024 · A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re ready to sell. 1. Price Your Home Right. The housing market shifted in 2023 as mortgage rates rose and home price appreciation started to normalize once again. As a seller, you still need to ... Keeping Current Matters, Richmond, Virginia. 187,716 likes · 8,168 talking about this · 111 were here. www.KeepingCurrentMatters.com - Welcome, KCM Community! The Impact of Rising Mortgage Rates. As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works. Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500 ).The housing market is expected to be more active in 2024. That may be in part because there will always be people who need to move. People will get new jobs, have children, get married or divorced – these and other major life changes lead people to move regardless of housing market conditions. That will remain true next year, and for years to ...Colleges Are Putting Their Futures at Risk. March 14, 2024. Illustration by Akshita Chandra/The New York Times. 1402. By Pamela Paul. …The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ...Feb 27, 2024 · And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the housing market, there are nearly 40% fewer homes ... 3 Steps to Winning Expired Listings. This eGuide will provide you with a new understanding of the seller’s mindset and help you create a strategy that turns expired listings into new business. Get the Guide. Expired listings can be an epic opportunity for real estate agents looking for new business. All you need is the right plan.A Window of Opportunity for Homebuyers. Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre …3 Keys To Hitting Your Homeownership Goals in 2024. If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. January 1, 2024 by KCM CREW. For Sellers, Infographics, Selling Myths.Here’s the latest. 1. Mortgage Rates. While mortgage rates are higher than they were a year ago, they’ve hovered primarily between 6% and 7% for nearly eight months now ( see graph below ): As the graph shows, mortgage rates have experienced some volatility during that time. And even a small change in mortgage rates impacts your …Here’s the latest. 1. Mortgage Rates. While mortgage rates are higher than they were a year ago, they’ve hovered primarily between 6% and 7% for nearly eight months now ( see graph below ): As the graph shows, mortgage rates have experienced some volatility during that time. And even a small change in mortgage rates impacts your …Inflation is still something to watch in 2023. Right now, experts are factoring all of this into their mortgage rate forecasts for next year. And if we average those forecasts together, experts say we can expect rates to stabilize a bit more in 2023. Whether that’s between 5.5% and 6.5%, it’s hard for experts to say exactly where they’ll ...Mar 8, 2024 · Keeping Current Matters Launches KCM Local, Provides Localized Housing Market Data Down to Zip Code Keeping Current Matters Selected as 2023 HousingWire Tech100 Real Estate Honoree Keeping Current Matters Joins Tom Ferry’s 2023 Roadmap Tour for Agents Dec 26, 2022 · Tracking your credit and disputing any errors that show up on your reports. Paying your bills on time. This includes making loan payments and paying down any open lines of credit. Keeping your credit card balances low. Paying more than your minimum monthly balance when you’re able can help. Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters noted below is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation. The graph below outlines each expert forecast to show where they project home prices are going in the coming year.Mortgage Rates Will Come Down, It’s Just a Matter of Time. Rising mortgage rates defined the 2022 housing market, and it’s no surprise why. This year saw the largest increase in mortgage rates in over 20 years, sidelining many potential homebuyers. Today, interest rates have shown signs of moderating, and as inflation concerns ease, experts ...Step 3: Presenting the PEAR. The key to delivering the PEAR is that it’s in person. This isn’t something you’re just emailing out. It’s part of your listing presentation….but can be done without the formal “I’m selling” precedent. Ideally, a PEAR presentation is done in the home. If it’s a former client, you can pitch it on ...Nov 15, 2023 · The housing market is expected to be more active in 2024. That may be in part because there will always be people who need to move. People will get new jobs, have children, get married or divorced – these and other major life changes lead people to move regardless of housing market conditions. That will remain true next year, and for years to ... Based on what you’re hearing in the news about home prices, you may be worried they’re falling.But here’s the thing. The headlines aren’t giving you the full picture.. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight declines …It’s time to go all in on email. And to do that, you need to ditch complicated tools that take up too much of your precious time. KCM Email Builder is a powerful new feature that easily creates custom emails and newsletters in seconds, with personalized content that nurtures your leads into listings. Try for FREE.For instance, Keeping Current Matters helps take a lot of the guessing out of realtors’ marketing strategy with marketing content powered by the latest housing market insights. It’s a one-two punch. “KCM is a super-easy and time-saving resource for real estate agents to use, even if they aren’t tech-savvy!Foreclosure Numbers Today Aren’t Like 2008. If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s housing market. July 24, 2023 by KCM CREW. For Buyers, For Sellers, Foreclosures, Infographics, Pricing, Housing Market Updates.2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers. If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for …President Joe Biden and former President Donald Trump continue to move toward a rematch in November after clinching their parties' presidential …Your KCM Resources. The Professional Equity Assessment Report (PEAR) is a simple way for real estate agents to determine the cash value of a seller's …To do this, we recommend posting pictures of landmarks and favorite spots around town or creating videos that highlight local businesses you love. Check out more ideas for real estate instagram posts and plan out your content calendar. 2. Engage Your Community. This is where the hard work comes in.Subscribe to the KCM Blog. Get fresh, relevant real estate content in your inbox every day. TRY FREE FOR 14 DAYS. Keeping Current Matters helps agents explain what’s happening in the market and how it affects their buyers and sellers by giving them the tools they need to stay on top of the ever-changing real estate landscape.Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. January 23, 2024 by KCM CREW. For Buyers, Infographics, First Time Home Buyers, Move-Up Buyers.McBride is an expert on the housing market, and after closely following the data and market environment leading up to the crash, he was able to see the foreclosures coming in 2008. With the same careful eye and analysis, he has a different take on what’s ahead in the current market: “There will not be a foreclosure crisis this time.”.Specifically, there were 20.6% more homes available for sale ranging between $200,000 and $350,000 in February 2024 than a year ago, …Bottom Line. One of the biggest benefits of owning a home, regardless of your income level, is that it provides financial stability and an avenue to build wealth. Connect with a local real estate agent today so you can start investing in homeownership.Dec 26, 2022 · Tracking your credit and disputing any errors that show up on your reports. Paying your bills on time. This includes making loan payments and paying down any open lines of credit. Keeping your credit card balances low. Paying more than your minimum monthly balance when you’re able can help. Keeping Current Matters helps real estate agents become trusted advisors with curated market insights and educational content. If you're a real estate professional who wants to stay up-to-date on ... STEP 2: Start your FREE trial of the KCM membership. Do you want readymade, personalized videos to share with your clients? Do you want to keep current with what’s happening in the real estate market? Try out our content and tools that position you as a real estate market expert and help you educate your clients. Only $39.95 per month after ...“Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence. ...Expert Home Price Forecasts Revised Up for 2023. Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong.Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …Feb 22, 2024 · 2024 Home Price Forecasts: Then and Now. The chart below shows what seven expert organizations think will happen to home prices in 2024. It compares their first 2024 home price forecasts (made at the end of 2023) with their newest projections: The middle column shows that, at first, these experts thought home prices would only go up a little ... Dec 26, 2022 · Tracking your credit and disputing any errors that show up on your reports. Paying your bills on time. This includes making loan payments and paying down any open lines of credit. Keeping your credit card balances low. Paying more than your minimum monthly balance when you’re able can help. Feb 19, 2024 · The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning. Pay attention to details like scrubbing grout lines, polishing fixtures, and decluttering countertops. A sparkling kitchen and bathroom can leave a lasting ... 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. August 17, 2023 by KCM CREW. For Buyers, For Sellers, Infographics, Pricing, Interest Rates, Housing Market Updates.Jan 23, 2024 · Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are dealing with ... Acheiving Transformative Change with Tom Ferry. The man responsible for helping tons of real estate agents take their businesses to the next level, Tom Ferry knows what it takes to be successful in this industry. In this episode of “How’s the Market?” podcast, the #1 ranked real estate coach offers up some of his best advice to real ...Keeping Current Matters. @keepingcurrentmatters ‧ 17.3K subscribers ‧ 308 videos. Keeping Current Matters helps real estate agents become trusted … At Keeping Current Matters (KCM), we believe every family should feel confident when buying and selling a home. Since 2007, we have equipped real estate agents with hyper-relevant, easy-to ... As an article from Investopedia explains: “If someone wants to view your house, you need to accommodate them, even if it inconveniences you. Clean and tidy the house before every single visit. A buyer won’t know or care if your house was clean last week. It’s a lot of work, but stay focused on the prize.”. To figure out what’s best ...A recent report from ATTOM Data explains it by going even deeper into the numbers: “Only about 214,800 homeowners were facing possible foreclosure in the second quarter of 2022, or just four-tenths of one percent of the 58.2 million outstanding mortgages in the U.S. Of those facing foreclosure, about 195,400, or 91 percent, had at least some ...Richmond, VA – June 9, 2022 – Keeping Current Matters today unveiled RealTalk by KCM™, the first all-in-one video creator for real estate agents.. RealTalk by KCM™ is a revolutionary new tool that provides real estate professionals with a mobile recording app and market update scripts to make their own videos in minutes – with no editing required.The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home.If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. While industry experts don’t expect the 2023 housing market to be as volatile as 2022, current projections are based on the current economic status of the country. With that likely to change as the year progresses, we are also likely to see projections adjust along with it. Ultimately, your most important role in 2023 is to be the educated ... STEP 2: Start your FREE trial of the KCM membership. Do you also want MORE content that’s easy to email and share with your clients? Do you want to keep current with what’s happening in the real estate market? Try out …Keep current on news and insights of the national housing market with articles from the most shared content in real estate. Share a branded version of the KCM blog, …With a career spanning over 30 years, Steve began his journey first as a real estate agent and then went on to develop his own 500-agent real estate firm, which he sold in 2005. In 2007, he founded Keeping Current Matters (KCM) which now helps over 30,000 real estate and mortgage professionals explain the complexities of the housing market to ...Doyle chiropractic, Ace hardware owasso, High mowing farm, Kohls lima ohio, Betallweek, Ophelia's soapbox, Lowe's home improvement aiken south carolina, Liberty forged, Brodhead vet, Wkrg news 5 mobile al, Friendship necklace for 3, 4 state truck, Fuel injector connection, Wheaton montgomery mall
1. People Are Moving to Cities with Lower Housing Costs. One big factor motivating where buyers are going is affordability and that’s no big surprise. People are relocating to areas that have less expensive housing options. As a result, small cities are thriving. Hannah Jones, Economics Data Analyst at Realtor.com, summarizes why:. Southpoint hotel and casino
crunch fitness winter garden8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCM 8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCMIn this video, Alexis, one of KCM's Member Support Specialists, walks through the KCM member area, and provides examples of how to use the KCM membership.Vis...a podcast by Keeping Current Matters A podcast bringing you the latest housing market insights & business strategies from top agents and experts Every day the housing market changes, often bringing along new challenges with it.Keeping Current Matters. 15.7K subscribers. 3.2K views 3 years ago. In this video, Alexis, one of KCM's Member Support Specialists, walks through the …With his visionary leadership, Keeping Current Matters is poised to continue revolutionizing the real estate industry and helping professionals stay informed and one step ahead in an ever-changing landscape. “I’m excited to hand the baton to David to lead KCM to our next frontier,” said Keeping Current Matters owner, Bill Harney.Sharing consistent, relevant, fresh articles, positions you as a real estate expert online. It builds trust with your prospects & clients while expanding your sphere of influence. Plus, set it and forget it with automated social posting, direct …Richmond, VA – June 9, 2022 – Keeping Current Matters today unveiled RealTalk by KCM™, the first all-in-one video creator for real estate agents.. RealTalk by KCM™ is a revolutionary new tool that provides real estate professionals with a mobile recording app and market update scripts to make their own videos in minutes – with no editing required.Keeping Current Matters, Richmond, Virginia. 180,939 likes · 2,082 talking about this · 112 were here. www.KeepingCurrentMatters.com - Welcome, KCM Community! Join us as we build a home for real...Mortgage Rates Will Come Down, It’s Just a Matter of Time. Rising mortgage rates defined the 2022 housing market, and it’s no surprise why. This year saw the largest increase in mortgage rates in over 20 years, sidelining many potential homebuyers. Today, interest rates have shown signs of moderating, and as inflation concerns ease, experts ...Nov 30, 2022 · A recent report from ATTOM Data explains it by going even deeper into the numbers: “Only about 214,800 homeowners were facing possible foreclosure in the second quarter of 2022, or just four-tenths of one percent of the 58.2 million outstanding mortgages in the U.S. Of those facing foreclosure, about 195,400, or 91 percent, had at least some ... Feb 19, 2024 · The kitchen and bathrooms are focal points for many buyers, and often influence their overall opinion of the house. Ensure these spaces dazzle by giving them a thorough deep cleaning. Pay attention to details like scrubbing grout lines, polishing fixtures, and decluttering countertops. A sparkling kitchen and bathroom can leave a lasting ... Keeping Current Matters, Richmond, Virginia. 187,716 likes · 8,168 talking about this · 111 were here. www.KeepingCurrentMatters.com - Welcome, KCM Community!Acheiving Transformative Change with Tom Ferry. The man responsible for helping tons of real estate agents take their businesses to the next level, Tom Ferry knows what it takes to be successful in this industry. In this episode of “How’s the Market?” podcast, the #1 ranked real estate coach offers up some of his best advice to real ...David Childers, CEO at Keeping Current Matters, speaks to this statistic in the recent How’s The Market podcast: “Three quarters of buyers said ‘we’re out’ due to mortgage rates. Here’s what I know going forward. That will change in 2024.”. That’s because mortgage rates have come down off their peak last October.The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year ( see graph below ): This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue.“Keeping Current Matters (KCM) is the perfect marketing and data analysis team. I couldn’t have partnered with anyone better, and I continue to be amazed! They provide a compelling display of useful data, allowing me to easily educate my sphere of influence. ...Not Freshened Up Before Listing – If It Looks Good, It’ll Make a Good Impression. When selling your house, the old saying “you never get a second chance to make a first impression” matters. Putting in the work on the exterior of your home is just as important as what you stage inside. Freshen up your landscaping to improve your home’s ...To do this, we recommend posting pictures of landmarks and favorite spots around town or creating videos that highlight local businesses you love. Check out more ideas for real estate instagram posts and plan out your content calendar. 2. Engage Your Community. This is where the hard work comes in.Keeping Current Matters is your go-to source for content that builds trust so you can spend less time worrying about what to say and more time giving expert guidance to your clients. What you’ll love about Keeping Current Matters: PERSONALIZED CONTENT Make your client education strategy easy with new, ready-to-share personalized content.Looking at the right side of the graph, mortgage rates have increased significantly since the start of last year. But even with that rise, today’s rates are still below the 52-year average. While that historical perspective is good context, buyers have gotten used to mortgage rates between 3% and 5%, which is where they’ve been over the ...If you really want to help your buyers and sellers make it through the market shift, you have to get in front of the gossip and constantly share the latest insights. We make it easy to create your own real estate videos. Moreover, you have to explain how those insights reflect your local market and affect them directly. This is no easy feat.If you really want to help your buyers and sellers make it through the market shift, you have to get in front of the gossip and constantly share the latest insights. We make it easy to create your own real estate videos. Moreover, you have to explain how those insights reflect your local market and affect them directly. This is no easy feat.Below are the expected year-over-year rates of home price appreciation based on the average of all 100+ projections: 2022: 9%. 2023: 4.74%. 2024: 3.67%. 2025: 3.41%. 2026: 3.57%. Those responding to the survey believe home price appreciation will still be relatively high this year (though half of what it was last year), and then return to more ...Apr 17, 2023 · But that’s not the best strategy. A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports: Richmond, VA – February 18, 2022 – Keeping Current Matters is pleased to announce the appointment of David Childers to the role of President. David has kept his finger firmly on the pulse of the real estate industry for more than 20 years. You’ve seen him share KCM’s expert housing insights regularly on podcasts, training videos, and ...An article from Freddie Mac explains: “The lack of housing supply was partly driven by the rate lock-in effect. . . . With higher rates, the incentive for existing homeowners to list their property and move to a new house has greatly diminished, leaving them rate locked.”. These homeowners decided to stay put and keep their current lower ...Apr 17, 2023 · But that’s not the best strategy. A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports: We're sorry but the KCM Free Trial form doesn't work properly without JavaScript enabled. Please enable it to continue. A key advantage of homeownership is that it’s one of the best hedges against inflation. When you buy a home with a fixed-rate mortgage, you secure your housing payment, so it won’t go up like it would if you rent. Homeownership is a powerful wealth-building tool. The average net worth of a homeowner is $255,000 compared to $6,300 for …Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people are …Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters noted below is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation. The graph below outlines each expert forecast to show where they project home prices are going in the coming year.Regularly posting blog content online will help you establish online credibility and stand out from the crowd, which is especially important in real estate. Through regular, relevant, fresh new posts, we help you position yourself online as a real estate expert in order to build trust and relationships with your prospects & clients – with no ...Keeping Current Matters, Richmond, Virginia. 187,190 likes · 3,397 talking about this · 112 were here. www.KeepingCurrentMatters.com - Welcome, KCM...Looking at the right side of the graph, mortgage rates have increased significantly since the start of last year. But even with that rise, today’s rates are still below the 52-year average. While that historical perspective is good context, buyers have gotten used to mortgage rates between 3% and 5%, which is where they’ve been over the ...Keeping Current Matters, Richmond, Virginia. 187,716 likes · 8,168 talking about this · 111 were here. www.KeepingCurrentMatters.com - Welcome, KCM Community!Let’s say you find a home you want to purchase for the median price of $366,900. Based on the 2-5% Freddie Mac estimate, your closing fees could be between roughly $7,500 and $18,500. Keep in mind, if you’re in the market for a home above or below this price range, your closing costs will be higher or lower.One of the Fed’s primary goals is to lower inflation. In order to do that, they started raising the Federal Funds Rate to slow down the economy. Even though this doesn’t directly dictate what happens with mortgage rates, it does have an impact. Recently inflation has started to cool, a signal those increases worked and are bringing ...As George Ratiu, Chief Economist at Keeping Current Matters (KCM), explains: “The only times the spread approached or exceeded 300 basis points were during periods of high inflation or economic volatility, like those seen in the early 1980s or the Great Financial Crisis of 2008-09.”. The graph below uses historical data to help illustrate ...Mortgage Rates Will Come Down, It’s Just a Matter of Time. Rising mortgage rates defined the 2022 housing market, and it’s no surprise why. This year saw the largest increase in mortgage rates in over 20 years, sidelining many potential homebuyers. Today, interest rates have shown signs of moderating, and as inflation concerns ease, experts ...Keeping Current Matters. 15.7K subscribers. 3.2K views 3 years ago. In this video, Alexis, one of KCM's Member Support Specialists, walks through the …Jul 22, 2021 · The latest Monthly Housing Market Trends Report from realtor.com says: “In June, newly listed homes grew by 5.5% on a year-over-year basis, and by 10.9% on a month-over-month basis. Typically, fewer newly listed homes appear on the market in the month of June compared to May. This year, growth in new listings is continuing later into the ... Mar 9, 2023 · So, when you find the home you want to buy, remember these four tips to make your best offer. 1. Lean on a Real Estate Professional. Rely on an agent who can support your goals. As Bankrate notes: “. . . select the best real estate agent for your needs. They will be a critical part of your home buying process.”. Agents are local market experts. Keeping Current Matters is your go-to source for content that builds trust so you can spend less time worrying about what to say and more time giving expert guidance to your clients. What you’ll love about Keeping Current Matters: PERSONALIZED CONTENT Make your client education strategy easy with new, ready-to-share personalized content. Jan 1, 2024 · The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you. 3. Determine if You’re Ready To Buy. Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way ... Colleges Are Putting Their Futures at Risk. March 14, 2024. Illustration by Akshita Chandra/The New York Times. 1402. By Pamela Paul. …The Impact of Rising Mortgage Rates. As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works. Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500 ).Here’s just one reason why. Many baby boomers don’t want to move. Data from the AARP shows over half of the surveyed adults ages 65 and up plan to stay put and age in place in their current home rather than move ( see chart below ): Clearly, not every baby boomer is planning to sell or move – and even those who do won’t do it all at once.Keeping Current Matters has been a leading education and content provider in the real estate industry since 2007. Our mission is to change the way real estate advisors educate and serve their clients.Download our Perfect Listing Presentation template and personalize it to your branding for a quick and easy way to make a big impact in your real estate marketing. P.s. – it’s free! With low inventory plaguing most markets around the country, buyers aren't waiting until the spring to start looking. This is why your clients should sell. Welcome! Email. Password. Sign in with. Forgot password? | Not Yet a Member? We create content and tools that help real estate agents position themselves as market experts and educate their clients so they can make the best decision for them and their family. Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …Dec 26, 2022 · Tracking your credit and disputing any errors that show up on your reports. Paying your bills on time. This includes making loan payments and paying down any open lines of credit. Keeping your credit card balances low. Paying more than your minimum monthly balance when you’re able can help. 8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCM March 7, 2024, 10:10 pm By Sarah Wheeler. Steve Harney, founder of Keeping Current Matters and a force in real estate for four decades, died suddenly on Monday, March 4, at age 68. “As we mourn ...A Window of Opportunity for Homebuyers. Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre …For instance, Keeping Current Matters helps take a lot of the guessing out of realtors’ marketing strategy with marketing content powered by the latest housing market insights. It’s a one-two punch. “KCM is a super-easy and time-saving resource for real estate agents to use, even if they aren’t tech-savvy!As the Home Price Expectation Survey (HPES) from Fannie Mae, a survey of over 100 economists, investment strategists, and housing market analysts, says: “On average, the panel anticipates home price growth to clock in at 5.9% in 2023, to be followed by slower growth in 2024 and 2025 of 2.4 percent and 2.7 percent, respectively.”.According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner’s equity has grown by $64,000 over the last 12 months. While that’s the nationwide number, if you want to know what’s happening in your area, look at the map below. It breaks down the average year-over-year equity growth for each state using the … At Keeping Current Matters (KCM), we believe every family should feel confident when buying and selling a home. Since 2007, we have equipped real estate agents with hyper-relevant, easy-to ... Here’s the latest. 1. Mortgage Rates. While mortgage rates are higher than they were a year ago, they’ve hovered primarily between 6% and 7% for nearly eight months now ( see graph below ): As the graph shows, mortgage rates have experienced some volatility during that time. And even a small change in mortgage rates impacts your …The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year ( see graph below ): This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue.Let’s say you find a home you want to purchase for the median price of $366,900. Based on the 2-5% Freddie Mac estimate, your closing fees could be between roughly $7,500 and $18,500. Keep in mind, if you’re in the market for a home above or below this price range, your closing costs will be higher or lower.Keeping Current Matters helps real estate professionals build confidence and trust while getting time back in your busy day to focus on what matters most: your clients. "This app is a game changer." - Ed Brittingham, RE/MAX Eclipse “There is no other service in the market today that compares to KCM.” - Fernando Herboso, Maxus Realty …The ShowingTime Showing Index is a measure of how frequently buyers are touring homes. The graph below uses that index to show buyer activity over the past eight Octobers: In the graph, the ‘unicorn’ years are shown in pink. You can see demand has dipped some since then.Keep current on news and insights of the national housing market with articles from the most shared content in real estate. Share a branded version of the KCM blog, …HOW TO MAKE PROFESSIONAL REAL ESTATE VIDEOS IN MINUTES WITH REALTALK BY KCM™. 1. SELECT YOUR SCRIPT. Choose from expert-written scripts, templates, and AI-powered insights that explain your local market. 2. REHEARSE & RECORD. It’s easy with the built-in teleprompter right on your phone. 3. While industry experts don’t expect the 2023 housing market to be as volatile as 2022, current projections are based on the current economic status of the country. With that likely to change as the year progresses, we are also likely to see projections adjust along with it. Ultimately, your most important role in 2023 is to be the educated ... Experts Project Home Prices Will Increase in 2024. Even though home prices are going up nationally, some people are still worried they might come down. January 23, 2024 by KCM CREW. For Buyers, Infographics, First Time Home Buyers, Move-Up Buyers. Keeping Current Matters helps real estate agents become trusted advisors with curated market insights and educational content. If you're a real estate professional who wants to stay up-to-date on ... It’s clear the 2022 housing market has been defined by rising mortgage rates.With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.”Freddie Mac defines the process like this: “A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. The lender you work with will provide you with a pre-approval letter, which is an official document that states the maximum amount they are willing to lend you, . . .”.Apr 17, 2023 · But that’s not the best strategy. A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports: And the 2022 National Housing Forecast from realtor.com projects prices for vacant units will continue to increase this year: “In 2022, we expect this trend will continue and fuel rent growth. At a national level, we forecast rent growth of 7.1% in the next 12 months, somewhat ahead of home price growth . . .”.With a career spanning over 30 years, Steve began his journey first as a real estate agent and then went on to develop his own 500-agent real estate firm, which he sold in 2005. In 2007, he founded Keeping Current Matters (KCM) which now helps over 30,000 real estate and mortgage professionals explain the complexities of the housing market to ...In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. August 17, 2023 by KCM CREW. For Buyers, For Sellers, Infographics, Pricing, Interest Rates, Housing Market Updates.Experts Project Home Prices Will Rise over the Next 5 Years. Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. December 4, 2023 by KCM CREW. For Buyers, For Sellers, Pricing, Housing Market Updates.But that’s not the best strategy. A recent survey from Zonda shows 53% of millennials are still renting right now because they’re waiting for home prices to come down. But here’s the thing: the most recent data shows that home prices appear to have bottomed out and are now on the rise again. Selma Hepp, Chief Economist at CoreLogic, reports:It’s just how they work. So, you shouldn’t focus too much on the small, daily changes. Instead, to really understand the overall trend, zoom out and look at the big picture. When you look at the highest point (October) compared to where rates are now, you can see they’ve come down compared to last year. And if you’re looking to buy a ...Richmond, VA – June 9, 2022 – Keeping Current Matters today unveiled RealTalk by KCM™, the first all-in-one video creator for real estate agents.. RealTalk by KCM™ is a revolutionary new tool that provides real estate professionals with a mobile recording app and market update scripts to make their own videos in minutes – with no editing required.. Best rain shower, Defy detroit, La petite academy inc, Feedstore, Abc wireless, The edge belleville il, Lowes hibbing, K 12 job spot, Lb kitchen, Louisville palace, Trustco bank hours, Fairmont hot springs mt, High exposure climbing northvale nj, Frugals, Venice marina, David muir news, Fowling warehouse cincinnati, St patricks cathedral nyc.