Southeastern Michigan Real estate Podcast with Greg and Wendy Kime
Southeastern Michigan Real estate Podcast with Greg and Wendy Kime

Southeastern Michigan Real estate Podcast with Greg and Wendy Kime

Kime Realty

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Episodes

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If you are looking to buy or sell a home, get all the information and the latest updates, tips, and tricks from Kime Realty- your professional Southeastern Michigan Real Estate Agents.

Recent Episodes

DEC 29, 2022
<div style="text-align: center;"><span face="TwitterChirp, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Helvetica, Arial, sans-serif" style="background-color: rgba(0, 0, 0, 0.03); white-space: pre-wrap;"><b><i><br /><span style="color: red; font-size: large;"><br /></span></i></b></span><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYcgcogzO08vCJUrnU983q3TaVaV6EuLppiUAY78JoubaYhvjgzY4SsVY5zTKQUrdha2BiVBA81nPdwpOY5p9uIDgHAwMIX2khGarfTa8TATwIspeyxt7OWpOuuURO8I44cMSONOYIfhgdfQeayy94e38e3vDVOcCw5OVWPtbGUwVPCynlnURpsU2LRQ/s750/confused-about-whats-going-on-in-the-housing-market-lean-on-a-professional-KCM.webp" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="410" data-original-width="750" height="222" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYcgcogzO08vCJUrnU983q3TaVaV6EuLppiUAY78JoubaYhvjgzY4SsVY5zTKQUrdha2BiVBA81nPdwpOY5p9uIDgHAwMIX2khGarfTa8TATwIspeyxt7OWpOuuURO8I44cMSONOYIfhgdfQeayy94e38e3vDVOcCw5OVWPtbGUwVPCynlnURpsU2LRQ/w416-h222/confused-about-whats-going-on-in-the-housing-market-lean-on-a-professional-KCM.webp" width="416" /></a></div></div><div style="text-align: center;"><span face="TwitterChirp, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Helvetica, Arial, sans-serif" style="background-color: rgba(0, 0, 0, 0.03); white-space: pre-wrap;"><b><i><span style="color: red; font-size: large;"><br /></span></i></b></span></div><div style="text-align: center;"><br /></div><div style="text-align: center;"><span face="TwitterChirp, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Helvetica, Arial, sans-serif" style="background-color: rgba(0, 0, 0, 0.03); white-space: pre-wrap;"><b><i><span style="color: red; font-size: large;">Confused About What’s Going on in the Housing Market? Lean on a Professional.</span></i></b></span></div><span style="background-color: rgba(0, 0, 0, 0.03);"><div style="text-align: center;"><span face="TwitterChirp, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Helvetica, Arial, sans-serif" style="color: #0f1419; font-size: 15px; white-space: pre-wrap;"><br /></span></div><span face="TwitterChirp, -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Helvetica, Arial, sans-serif" style="white-space: pre-wrap;"><div style="text-align: center;"><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">If you’re thinking about&nbsp;</span>buying<span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">or</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span>selling<span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">a home, you probably want to know what’s</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span><em style="box-sizing: border-box; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">really</em><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant,</span><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">&nbsp;</span><a href="https://www.realestatenews.com/2022/11/18/agents-decoded-making-sense-of-the-headlines" style="background-color: transparent; box-sizing: border-box; font-family: &quot;Open Sans&quot;; text-align: start; text-decoration-line: none; transition: all 0.3s ease 0s; white-space: normal;" target="_blank">explains</a><span style="background-color: white; font-family: &quot;Open Sans&quot;; text-align: start; white-space: normal;">:</span></div><div style="text-align: center;"><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;"><span id="more-47659" style="box-sizing: border-box;"></span></p><blockquote style="background-color: white; border-bottom: none; border-left: 5px solid rgb(238, 238, 238); border-right: none; border-top: none; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 20px; padding: 10px 20px; text-align: start; white-space: normal;"><p style="box-sizing: border-box; margin: 0px;"><em style="box-sizing: border-box;">“Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry.<span style="box-sizing: border-box; font-weight: 700;">&nbsp;Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it.</span>”</em></p></blockquote><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">Unfortunately, when information in the media isn’t clear, it can generate a lot of fear and uncertainty in the market. As Jason Lewris, Cofounder and Chief Data Officer at&nbsp;<em style="box-sizing: border-box;">Parcl</em>,&nbsp;says:</p><blockquote style="background-color: white; border-bottom: none; border-left: 5px solid rgb(238, 238, 238); border-right: none; border-top: none; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 20px; padding: 10px 20px; text-align: start; white-space: normal;"><p style="box-sizing: border-box; margin: 0px;"><em style="box-sizing: border-box;">“<span style="box-sizing: border-box; font-weight: 700;">In the absence of trustworthy, up-to-date information, real estate decisions are increasingly being driven by fear, uncertainty, and doubt.</span>”</em></p></blockquote><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">But it doesn’t have to be that way. Buying or selling a home is a big decision, and it should be one you feel confident making. To help you separate fact from fiction and get the answers you need, lean on a local&nbsp;<a href="https://www.simplifyingthemarket.com/2022/08/29/a-trusted-real-estate-advisor-provides-expert-advice/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="background-color: transparent; box-sizing: border-box; text-decoration-line: none; transition: all 0.3s ease 0s;">real estate advisor</a>.</p><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">A trusted expert is your best resource to understand what’s happening at the national and local levels. They’ll be able to debunk the headlines using data you can trust. And using their in-depth knowledge of the industry, they’ll provide context so you know how current trends compare to the normal ebbs and flows in the industry, historical data, and more.</p><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">Then, to make sure you have the full picture, they’ll tell you if your local area is following the national trend or if they’re seeing something different in your market. Together, you’ll use all of that information to make the best possible decision for you.</p><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">After all, making a move is a potentially life-changing milestone. It should be something you feel ready for and excited about. And that’s where an agent comes in.</p><h3 style="background-color: white; box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; line-height: 1.1; margin-bottom: 10px; margin-top: 20px; text-align: start; white-space: normal;"><span style="box-sizing: border-box;"><span style="font-size: small;">Bottom Line</span></span></h3><p style="background-color: white; box-sizing: border-box; font-family: &quot;Open Sans&quot;; margin: 0px 0px 10px; text-align: start; white-space: normal;">If you have questions about the headlines or what’s happening in the housing market today, let’s connect so you have expert insights and advice on your side.</p></div><div style="color: #0f1419; font-size: 15px; text-align: center;"><br /></div></span></span><div style="text-align: center;"> <i>Buying in Southeast Michigan? <a href="http://www.homesinsoutheastmichigan.com/search/" target="_blank"><b>Perform a full home search</b></a></i></div> <div style="text-align: center;"> <i>Selling in Southeast Michigan? <b><a href="http://michiganhomevalue.org/" target="_blank">Get a free Home Price Evaluation</a></b></i></div> <br />
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-1 MIN
FEB 11, 2022
<br /> <div style="text-align: center;"><br /></div> <br /> <div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/a/AVvXsEjy64haJwVNutmqypg25Kbu0RhT_7Lf-a0jL9kM7OQ01tCBKhY-IlBCNjnA1SFVwii8U5vqjOm9wRsreb-DZBSuAJrMb5XwHFq6Z80c1jZvikYXP_zr_ZSr5Hw7d2YMgtsLzd3gmXL9kbwV_sbKiJ7fydW0VDR9tAOlujXRB23hvkZaTutDFx1TVx6awA" style="margin-left: 1em; margin-right: 1em;"><img alt="" data-original-height="410" data-original-width="750" height="275" src="https://blogger.googleusercontent.com/img/a/AVvXsEjy64haJwVNutmqypg25Kbu0RhT_7Lf-a0jL9kM7OQ01tCBKhY-IlBCNjnA1SFVwii8U5vqjOm9wRsreb-DZBSuAJrMb5XwHFq6Z80c1jZvikYXP_zr_ZSr5Hw7d2YMgtsLzd3gmXL9kbwV_sbKiJ7fydW0VDR9tAOlujXRB23hvkZaTutDFx1TVx6awA=w454-h275" width="454" /></a></div><br /></div><div><br /></div><div><br /><br /></div><div><header class="entry-header page-header" style="border-bottom: 0px; box-sizing: border-box; color: #6b6b6b; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; margin-bottom: 0px !important; margin-left: 0px; margin-right: 0px; margin-top: 0px; padding-bottom: 0px;"><h1 class="entry-title " style="box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; font-size: 28px; line-height: 1.1; margin-bottom: 15px !important; margin-left: 0px; margin-right: 0px; margin-top: 0px;">Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers</h1><div class="entry-meta" style="box-sizing: border-box; margin-bottom: 15px !important;"><span class="posted-on" style="box-sizing: border-box; margin-right: 10px;"><span class="fa fa-calendar" style="-webkit-font-smoothing: antialiased; box-sizing: border-box; display: inline-block; font-family: FontAwesome; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 1; margin-right: 3px; text-rendering: auto;"></span>&nbsp;<a href="https://www.simplifyingthemarket.com/en/2022/01/27/why-right-now-is-a-once-in-a-lifetime-opportunity-for-sellers/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="bookmark" style="box-sizing: border-box; color: #6b6b6b; font-size: 13px; text-decoration-line: none; transition: all 0.3s ease 0s;"><time class="entry-date published" datetime="2022-01-27T06:00:53+00:00" style="box-sizing: border-box;">Thursday January 27th, 2022</time></a></span>&nbsp;<span class="cat-links" style="box-sizing: border-box; margin-right: 10px;"><span class="fa fa-folder-open-o" style="-webkit-font-smoothing: antialiased; box-sizing: border-box; display: inline-block; font-family: FontAwesome; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: 1; margin-right: 3px; text-rendering: auto;"></span>&nbsp;<a href="https://www.simplifyingthemarket.com/en/category/featured/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="category tag" style="box-sizing: border-box; color: #6b6b6b; font-size: 13px; text-decoration-line: none; transition: all 0.3s ease 0s;">Featured</a>,&nbsp;<a href="https://www.simplifyingthemarket.com/en/category/sellers/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="category tag" style="box-sizing: border-box; color: #6b6b6b; font-size: 13px; text-decoration-line: none; transition: all 0.3s ease 0s;">For Sellers</a>,&nbsp;<a href="https://www.simplifyingthemarket.com/en/category/housing-market-updates/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="category tag" style="box-sizing: border-box; color: #6b6b6b; font-size: 13px; text-decoration-line: none; transition: all 0.3s ease 0s;">Housing Market Updates</a></span></div></header><div class="appLoaded" id="kcm-simple-share-div" style="box-sizing: border-box; color: #6b6b6b; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; margin-bottom: 20px;"><div style="box-sizing: border-box;"><span style="font-family: &quot;Open Sans&quot;;">If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for</span><span style="font-family: &quot;Open Sans&quot;;">&nbsp;</span><span style="box-sizing: border-box; font-family: &quot;Open Sans&quot;; font-weight: 700;">strong demand</span><span style="font-family: &quot;Open Sans&quot;;">&nbsp;</span><span style="font-family: &quot;Open Sans&quot;;">for the item coupled with a</span><span style="font-family: &quot;Open Sans&quot;;">&nbsp;</span><span style="box-sizing: border-box; font-family: &quot;Open Sans&quot;; font-weight: 700;">limited supply</span><span style="font-family: &quot;Open Sans&quot;;">. That</span><span style="font-family: &quot;Open Sans&quot;;">&nbsp;</span><span style="box-sizing: border-box; font-family: &quot;Open Sans&quot;; font-weight: 700;">maximizes your leverage</span><span style="font-family: &quot;Open Sans&quot;;">&nbsp;</span><span style="font-family: &quot;Open Sans&quot;;">when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why.</span></div></div><div class="entry-content" style="box-sizing: border-box; color: #6b6b6b; font-family: &quot;Open Sans&quot;; font-size: 14px; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0px !important;"><p style="box-sizing: border-box; margin: 0px 0px 10px;"><span id="more-45909" style="box-sizing: border-box;"></span></p><h4 style="box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; font-size: 16px; line-height: 24px; margin-bottom: 10px; margin-top: 10px;"><span style="box-sizing: border-box;">Demand Is Very Strong</span></h4><p style="box-sizing: border-box; margin: 0px 0px 10px;">According to the latest&nbsp;<a href="https://www.nar.realtor/newsroom/annual-existing-home-sales-hit-highest-mark-since-2006" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;" target="_blank"><em style="box-sizing: border-box;">Existing Home Sales Report</em></a>&nbsp;from the&nbsp;<em style="box-sizing: border-box;">National Association of Realtors</em>&nbsp;(NAR), 6.18 million homes were sold in 2021. This was the largest number of home sales in 15 years. Lawrence Yun, Chief Economist for NAR, explains:</p><blockquote style="border-bottom: none; border-left: 5px solid rgb(238, 238, 238); border-right: none; border-top: none; box-sizing: border-box; font-size: 17.5px; margin: 0px 0px 20px; padding: 10px 20px;"><p style="box-sizing: border-box; margin: 0px;"><em style="box-sizing: border-box;">“Sales for the entire year finished strong, reaching&nbsp;<span style="box-sizing: border-box; font-weight: 700;">the highest annual level since 2006</span>. . . . With mortgage rates expected to rise in 2022, it’s likely that a portion of December buyers were intent on avoiding the inevitable rate increases.”</em></p></blockquote><p style="box-sizing: border-box; margin: 0px 0px 10px;">Demand isn’t expected to weaken this year, either. In addition, the&nbsp;<em style="box-sizing: border-box;"><a href="https://www.mba.org/news-research-and-resources/research-and-economics/forecasts-and-commentary" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;" target="_blank">Mortgage Finance Forecast</a></em>, published last week by the&nbsp;<em style="box-sizing: border-box;">Mortgage Bankers’ Association</em>&nbsp;(MBA), calls for existing-home sales to reach 6.4 million homes this year.</p><h4 style="box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; font-size: 16px; line-height: 24px; margin-bottom: 10px; margin-top: 10px;"><span style="box-sizing: border-box;">Supply Is Very Limited</span></h4><p style="box-sizing: border-box; margin: 0px 0px 10px;">The same sales report from NAR also reveals the months’ supply of inventory just hit the lowest number of the century. It notes:</p><blockquote style="border-bottom: none; border-left: 5px solid rgb(238, 238, 238); border-right: none; border-top: none; box-sizing: border-box; font-size: 17.5px; margin: 0px 0px 20px; padding: 10px 20px;"><p style="box-sizing: border-box; margin: 0px;"><em style="box-sizing: border-box;">“Total housing inventory at the end of December amounted to 910,000 units, down 18% from November and down 14.2% from one year ago (1.06 million). Unsold inventory sits at a 1.8-month supply at the present sales pace, down from 2.1 months in November and from 1.9 months in December 2020.”</em></p></blockquote><p style="box-sizing: border-box; margin: 0px 0px 10px;">The reality is, inventory decreases every year in December. That’s just how the typical seasonal trend goes in real estate. However, the following graph emphasizes how this December was lower than any other December going all the way back to 1999.</p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><a href="https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/26134946/20220127-MEM-Eng-1.png?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;"><img alt="Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers | Simplifying The Market" class="aligncenter wp-image-45910" height="488" loading="lazy" sizes="(max-width: 650px) 100vw, 650px" src="https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/26134946/20220127-MEM-Eng-1.png" srcset="https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/26134946/20220127-MEM-Eng-1.png 1000w, https://files.simplifyingthemarket.com/wp-content/uploads/2022/01/26134946/20220127-MEM-Eng-1-400x300.png 400w" style="border: 0px; box-sizing: border-box; clear: both; display: block; height: auto; margin: 0px auto; max-width: 100%; vertical-align: middle;" width="650" /></a></p><h4 style="box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; font-size: 16px; line-height: 24px; margin-bottom: 10px; margin-top: 10px;"><span style="box-sizing: border-box;">Right Now, Sellers Have Maximum Leverage</span></h4><p style="box-sizing: border-box; margin: 0px 0px 10px;">As mentioned above, when there’s strong demand for an item and a limited supply of it available, the seller has maximum&nbsp;<a href="https://www.simplifyingthemarket.com/2021/11/02/sellers-have-incredible-leverage-in-todays-market/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;">leverage</a>&nbsp;in the negotiation. In the case of homeowners who are thinking about selling, there may never be a better time than right now. While demand is this high and&nbsp;<a href="https://www.simplifyingthemarket.com/2022/01/20/buyers-want-to-know-why-is-housing-supply-still-so-low/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;">inventory</a>&nbsp;is this low, you’ll have leverage in all aspects of the sale of your house.</p><p style="box-sizing: border-box; margin: 0px 0px 10px;">Today’s buyers know they need to be&nbsp;<a href="https://www.simplifyingthemarket.com/2021/12/28/5-tips-for-making-your-best-offer-on-a-home/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;">flexible negotiators</a>&nbsp;that make very&nbsp;<a href="https://www.simplifyingthemarket.com/2021/09/27/if-youre-a-buyer-is-offering-asking-price-enough/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" style="box-sizing: border-box; color: #fa2b0b; text-decoration-line: none; transition: all 0.3s ease 0s;">competitive offers</a>, so here are a few areas that could tip in your favor when your house goes on the market:</p><ul style="box-sizing: border-box; margin-bottom: 10px; margin-top: 0px;"><li style="box-sizing: border-box;">Competitive sales price</li><li style="box-sizing: border-box;">Flexible closing date</li><li style="box-sizing: border-box;">Potential for a leaseback to allow you more time to find a home</li><li style="box-sizing: border-box;">Minimal offer contingencies</li></ul><h3 style="box-sizing: border-box; color: #fa2b0b; font-family: &quot;Roboto Slab&quot;, serif; font-size: 20px; line-height: 1.1; margin-bottom: 10px; margin-top: 20px;"><span style="box-sizing: border-box;">Bottom Line</span></h3><p style="box-sizing: border-box; margin: 0px 0px 10px;">If you’re thinking of selling your house this year, now is the optimal time to list it. Let’s connect to discuss how you can put your house on the market today.</p><p style="box-sizing: border-box; margin: 0px 0px 10px;"><br /></p><div style="color: black; font-family: &quot;Times New Roman&quot;; font-size: medium; text-align: center;"><i>Buying in Southeast Michigan?&nbsp;<a href="http://www.homesinsoutheastmichigan.com/search/" target="_blank"><b>Perform a full home search</b></a></i></div><div style="color: black; font-family: &quot;Times New Roman&quot;; font-size: medium; text-align: center;"><i>Selling in Southeast Michigan?&nbsp;<b><a href="http://michiganhomevalue.org/" target="_blank">Get a free Home Price Evaluation</a></b></i></div></div></div>
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-1 MIN
JAN 10, 2020
<h3 class="kcm-post-minimal-title" style="background-color: white; box-sizing: border-box; color: #666666; font-family: sans-serif; font-size: 1.4em; letter-spacing: -0.035em; line-height: 1.3; margin: 0px 0px 0.2em; outline: none !important; text-rendering: optimizelegibility;"> <u>The New Spring Real Estate Market is Here. Are You Ready?</u></h3> <img alt="The New Spring Real Estate Market is Here. Are You Ready? | MyKCM" class="attachment-entry size-entry wp-post-image" height="410" sizes="(max-width: 750px) 100vw, 750px" src="https://files.mykcm.com/2020/01/07082341/20200108-KCM-Share.jpg" srcset="https://files.mykcm.com/2020/01/07082341/20200108-KCM-Share.jpg 750w, https://files.mykcm.com/2020/01/07082341/20200108-KCM-Share-600x328.jpg 600w, https://files.mykcm.com/2020/01/07082341/20200108-KCM-Share-100x55.jpg 100w" style="background-color: white; border: 0px; box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; height: auto; max-width: 100%; outline: none !important; vertical-align: middle;" width="750" /><br style="background-color: white; box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; outline: none !important;" /><br /> <div class="kcm-post-minimal-content" style="background-color: white; box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; outline: none !important;"> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you probably think the surge happens in the spring, likely in April.&nbsp;<strong style="box-sizing: border-box; font-size: 1em; outline: none !important;">Not anymore.</strong>&nbsp;According to&nbsp;<a href="https://news.move.com/2019-12-18-Could-January-be-the-New-April-for-Home-Shopping" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="new research">new research</a>, January 2019 was only 1% behind February for the most monthly views per listing on&nbsp;<em style="box-sizing: border-box; outline: none !important;">realtor.com</em>.</div> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> <strong style="box-sizing: border-box; font-size: 1em; outline: none !important;">So, what does that mean?</strong>&nbsp;The busiest season in real estate has just begun.</div> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> The same research indicates,</div> <blockquote style="border-bottom: none; border-image: initial; border-left: 1px solid rgb(229, 229, 229) !important; border-right: none; border-top: none; box-sizing: border-box; font-family: Lato, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 1em; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;"> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> <em style="box-sizing: border-box; outline: none !important;">“Historically, April launched the kickoff of the home shopping season as buyers would come out of their winter hibernation looking for their new home. However, the spring shopping season now starts in January for many of the nation's largest markets.”</em></div> </blockquote> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> With the reality of fewer homes on the market in the winter, and that supply naturally&nbsp;<a href="https://www.simplifyingthemarket.com/2019/11/04/the-1-reason-to-list-your-house-in-the-winter/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="increases">increases</a>&nbsp;as we head to the spring market,&nbsp;<a href="https://www.simplifyingthemarket.com/2019/10/29/thinking-of-selling-your-home-the-waiting-is-the-hardest-part/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="waiting">waiting</a>&nbsp;for more competition to list in your neighborhood this year might put you behind the curve. Perhaps now is the time to jump into the market.</div> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> George Ratiu,&nbsp;<em style="box-sizing: border-box; outline: none !important;">Senior Economist</em>&nbsp;at&nbsp;<em style="box-sizing: border-box; outline: none !important;">realtor.com</em>&nbsp;says,</div> <blockquote style="border-bottom: none; border-image: initial; border-left: 1px solid rgb(229, 229, 229) !important; border-right: none; border-top: none; box-sizing: border-box; font-family: Lato, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 1em; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;"> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> <em style="box-sizing: border-box; outline: none !important;">“As shoppers modify their strategies for navigating a housing market that has become more competitive due to rising prices and low inventory, the search for a home is beginning earlier and earlier.”</em></div> </blockquote> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> There is a lot of speculation in the market about why the search for a home is shifting to an earlier start. The one thing we do know is if you’re thinking about buying or selling a home this year, the earlier you get started, the better.</div> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> <strong style="box-sizing: border-box; font-size: 1em; outline: none !important;">Reminder:</strong>&nbsp;When should you sell something? When there is less of that item for sale and the greatest number of buyers are in the market. That’s exactly what is happening in real estate right now.</div> <h3 style="box-sizing: border-box; color: #00aeff; font-size: 1.2em; font-weight: 300; letter-spacing: -0.035em; line-height: 1.3; margin: 1.25em 0px 0.2em; outline: none !important; text-rendering: optimizelegibility;"> <strong style="box-sizing: border-box; color: #666666; font-size: 1em; outline: none !important;">Bottom Line</strong></h3> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> The new spring market for real estate is underway. If you’re considering buying or selling, let’s connect, so you have the advantage in this competitive market.</div> </div> <br /> <br /> <div style="text-align: center;"> <i>Buying in Southeast Michigan? <a href="http://www.homesinsoutheastmichigan.com/search/" target="_blank"><b>Perform a full home search</b></a></i></div> <div style="text-align: center;"> <i>Selling in Southeast Michigan? <b><a href="http://michiganhomevalue.org/" target="_blank">Get a free Home Price Evaluation</a></b></i></div> <br />
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JAN 9, 2020
<h3 class="kcm-post-minimal-title" style="background-color: white; box-sizing: border-box; font-family: sans-serif; font-size: 1.4em; letter-spacing: -0.035em; line-height: 1.3; margin: 0px 0px 0.2em; outline: none !important; text-rendering: optimizelegibility;"> <u>3 Benefits to Buying Your Dream Home This Year</u></h3> <img alt="3 Benefits to Buying Your Dream Home This Year | MyKCM" class="attachment-entry size-entry wp-post-image" height="410" sizes="(max-width: 750px) 100vw, 750px" src="https://files.mykcm.com/2019/12/28113229/20200106-KCM-Share.jpg" srcset="https://files.mykcm.com/2019/12/28113229/20200106-KCM-Share.jpg 750w, https://files.mykcm.com/2019/12/28113229/20200106-KCM-Share-600x328.jpg 600w, https://files.mykcm.com/2019/12/28113229/20200106-KCM-Share-100x55.jpg 100w" style="background-color: white; border: 0px; box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; height: auto; max-width: 100%; outline: none !important; vertical-align: middle;" width="750" /><br style="background-color: white; box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; outline: none !important;" /><br /> <div class="kcm-post-minimal-content" style="box-sizing: border-box; color: #666666; font-family: &quot;Open Sans&quot;, sans-serif; font-size: 14px; outline: none !important;"> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting.</div> <h4 style="box-sizing: border-box; color: #00aeff; font-size: 1.2em; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizelegibility;"> <strong style="background-color: yellow; box-sizing: border-box; color: #666666; font-size: 1em; outline: none !important;">1. Buying a Home is a Great Investment</strong></h4> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> Several reports indicate that real estate is a&nbsp;<a href="https://www.simplifyingthemarket.com/2019/12/05/what-is-the-best-investment-for-americans/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="good investment">good investment</a>, topping other options such as gold, stocks, bonds, and savings. Why? Real estate helps build equity, a form of investing for you and your family. According to&nbsp;<em style="box-sizing: border-box; outline: none !important;">CoreLogic’s</em>&nbsp;<a href="https://www.corelogic.com/insights-download/homeowner-equity-report.aspx" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="Equity Report"><em style="box-sizing: border-box; outline: none !important;">Equity Report</em></a>,</div> <blockquote style="background-color: white; border-bottom: none; border-image: initial; border-left: 1px solid rgb(229, 229, 229) !important; border-right: none; border-top: none; box-sizing: border-box; font-family: Lato, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 1em; line-height: 1.3; margin: 1.5em 0px; outline: none !important; padding: 1em;"> <div style="box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> <em style="box-sizing: border-box; outline: none !important;">“U.S. homeowners with mortgages (roughly 64% of all properties) have seen their equity increase by a total of nearly $457 billion since the third quarter 2018, an increase of 5.1%, year over year.”</em></div> </blockquote> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> This means the average homeowner gained approximately $5,300 in equity over the past year. If you want to start building your equity, put your housing costs to work for you through homeownership this year.</div> <h4 style="box-sizing: border-box; color: #00aeff; font-size: 1.2em; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizelegibility;"> <strong style="background-color: yellow; box-sizing: border-box; color: #666666; font-size: 1em; outline: none !important;">2. Mortgage Interest Rates Are Low</strong></h4> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> The&nbsp;<a href="http://www.freddiemac.com/pmms/pmms_archives.html" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="Primary Mortgage Market Survey"><em style="box-sizing: border-box; outline: none !important;">Primary Mortgage Market Survey</em></a>&nbsp;from&nbsp;<em style="box-sizing: border-box; outline: none !important;">Freddie Mac</em>&nbsp;indicates that interest rates for a 30-year mortgage have fallen since November 2018 when they hit 4.94%. In their latest&nbsp;<a href="http://www.freddiemac.com/research/forecast/index.page" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="forecast">forecast</a>,&nbsp;<em style="box-sizing: border-box; outline: none !important;">Freddie Mac</em>&nbsp;expects rates to remain low, leveling out to a yearly average of 3.8% in 2020.</div> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> When you purchase a home at a low mortgage rate, it will impact your monthly mortgage payment, giving you the opportunity to buy more house for your money.</div> <h4 style="box-sizing: border-box; color: #00aeff; font-size: 1.2em; font-weight: 300; letter-spacing: -0.035em; line-height: 1.4; margin: 1.75em 0px 0.5em; outline: none !important; text-rendering: optimizelegibility;"> <strong style="background-color: yellow; box-sizing: border-box; color: #666666; font-size: 1em; outline: none !important;">3. Investing in Your Family is a Win</strong></h4> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> There are some renters who haven’t purchased a home yet because they’re uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you’re living rent-free with your parents, you’re paying a mortgage –&nbsp;<em style="box-sizing: border-box; outline: none !important;">either yours or that of your landlord</em>.</div> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> Today,&nbsp;<a href="https://www.simplifyingthemarket.com/2019/12/26/year-over-year-rental-prices-on-the-rise/?a=237506-28a7e84d0a961d6d3908c8b42ac446d3" rel="noopener noreferrer" style="box-sizing: border-box; color: #00aeff; outline: none !important; text-decoration-line: none;" target="_blank" title="rental prices">rental prices</a>&nbsp;continue to increase, and when you’re paying your landlord’s mortgage instead of your own, you’re not the one earning the equity. As an owner, your mortgage payment is a form of ‘<em style="box-sizing: border-box; outline: none !important;">forced saving</em>s’ you can use later in life to reinvest in your family. You can use it for a variety of opportunities, such as saving for your children’s education, moving up to a bigger home, or starting your own business. As a renter, it can be more challenging to achieve those types of dreams without home equity working for you.</div> <h3 style="background-color: white; box-sizing: border-box; color: #00aeff; font-size: 1.2em; font-weight: 300; letter-spacing: -0.035em; line-height: 1.3; margin: 1.25em 0px 0.2em; outline: none !important; text-rendering: optimizelegibility;"> <strong style="box-sizing: border-box; color: #666666; font-size: 1em; outline: none !important;">Bottom Line</strong></h3> <div style="background-color: white; box-sizing: border-box; margin-bottom: 1.5em; outline: none !important;"> Buying a home sooner rather than later could lead to substantial savings and long-term financial growth for you and your family. Let’s get together to determine if homeownership is the right choice for you this year.</div> </div> <br /> <br /> <br /> <br /> <div style="text-align: center;"> <i>Buying in Southeast Michigan? <a href="http://www.homesinsoutheastmichigan.com/search/" target="_blank"><b>Perform a full home search</b></a></i></div> <div style="text-align: center;"> <i>Selling in Southeast Michigan? <b><a href="http://michiganhomevalue.org/" target="_blank">Get a free Home Price Evaluation</a></b></i></div> <br />
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