Keeping matters current - 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 ...

 
Keeping matters currentKeeping matters current - Based on this data, it’s clear no matter what your income level is, owning a home can really boost your wealth. Nicole Bachaud, Senior Economist at Zillow, shares: “The biggest asset most people are ever going to own is a home. Homeownership is really that financial key that helps unlock stability and wealth preservation across generations.”.

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 ...June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be.When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put your stamp on.. If you’re thinking about buying a home this year, here are …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 ...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.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 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 …Keeping Current Matters, Richmond, Virginia. 187,190 likes · 3,397 talking about this · 112 were here. www.KeepingCurrentMatters.com - Welcome, KCM... In lieu of flowers, the family requests contributions to Habitat for Humanity, reflecting Steve’s lifelong dedication to the cause. His commitment to homeownership is unending. You can donate here: If you would like to send cards of condolence, you can do so here: The Harneys Keeping Current Matters8720 Stony Point Parkway, Suite 400Richmond ... The 3By30 program offers valuable resources for Black buyers, making it easier for them to secure a down payment and buy a home. For Native Americans, Down Payment Resource highlights 42 U.S. homebuyer assistance programs across 14 states that make homeownership more attainable by providing support with down payments and …This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ... 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 ... Social Graphics from KCM provides you with thumb-stopping graphics to fill your social media feeds, answer your clients’ biggest questions, and position you as the trusted expert. Leading agents now have a simple and consistent way to grow their following, build relationships, and turn leads into clients. Plus, with an Automatic Posting ... 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.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!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.Here are two fundamentals that prove this point. 1. The Current Mortgage Rate on Existing Mortgages. First, let’s look at the current rate on existing mortgages. According to the Federal Housing Finance Agency ( FHFA ), as of the fourth quarter of last year, over 80% of existing mortgages have a rate below 5%. That’s significant.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 ).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...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 ... 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 …As an article from the National Association of Realtors (NAR) says: “Mortgage rates likely have peaked and are now falling from their recent high of nearly 8%. . . . This likely will improve housing affordability and entice more home buyers to return to the market . . .”. No one can say with absolute certainty where mortgage rates will go ...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 …While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates. Last October, the 30-year fixed mortgage rates peaked at 7.79%. In January, they hit their lowest level since May. That means you may not feel as locked-in to your current mortgage ...In reality, even in a sellers’ market, selling on your own likely means you’ll net a lower profit than when you sell with the help of an agent. The NAR report explains: “FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $217,900 in 2020 (up from $200,000 in 2019), and still far lower than ...Thankfully, research from the same article suggests if you’re spending time with others in a community, thus reducing the impact of loneliness and isolation, there’s less of a risk of developing high blood pressure, obesity, heart disease, a weakened immune system, depression, anxiety, cognitive decline, Alzheimer’s disease, and early death.This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ...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 ...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 ...These Non-Financial Benefits Turn a House into a Happy Home. There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. December 25, 2023 by KCM CREW. For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths.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 …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!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. Keeping Current Matters Blog. Contact Your KCM Support Team. Chat with us live: (631) 593-5700; Email us: [email protected]; Your KCM Resources. ... 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.The national CoreLogic Home Price Index recorded an 11.4% rise in the year through March 2021, leading to a $216,000 increase in the average amount of equity held by homeowners with a mortgage.”. The expected, sustained growth of home prices means homeowners can continue to build on the past year’s record levels of home equity – and …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 ...May 2, 2023 · This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ... 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 …Nov 22, 2023 · That’s because the market is less active in January and February since fewer people move in the cooler months. As the market transitions into the peak homebuying season in the spring, activity ramps up, and home prices go up a lot more in response. Then, as fall and winter approach, prices still grow, just at a slower pace as activity eases ... 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 ...Easy-to-Deliver Real Estate Content – Keeping Current Matters. The KCM Membership. provides you with. The Most Relevant Topics. Establish trust with insights and data that answer the toughest questions and address the concerns of …Something went wrong. There's an issue and the page could not be loaded. Reload page. 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)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 ...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 ... 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. 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: 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.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 …Business Insider explains: “The Federal Reserve slows inflation by raising the federal funds rate, which can indirectly impact mortgages. High inflation and investor expectations of more Fed rate hikes can push mortgage rates up. If investors believe the Fed may cut rates and inflation is decelerating, mortgage rates will typically trend down 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 ... Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice …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 …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. 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.”.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 ...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 …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: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 ... In reality, even in a sellers’ market, selling on your own likely means you’ll net a lower profit than when you sell with the help of an agent. The NAR report explains: “FSBOs typically sell for less than the selling price of other homes; FSBO homes sold at a median of $217,900 in 2020 (up from $200,000 in 2019), and still far lower than ...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. This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ...May 2, 2023 · This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ... 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 ...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.Keeping Current Matters (KCM) is a company that provides real estate agents with insights and resources to educate and serve their clients. Follow KCM on LinkedIn to see their updates, …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. Lifetime of Real Estate training through osmosis. Committed to helping my team and our… · Experience: Keeping Current Matters · Education: Hofstra University · Location: Richmond, Virginia ...To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal levels. According to a recent report from Realtor.com : “On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels.”.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.An agent knows all of these best practices and will share them with you along the way, so you don’t miss any key steps by the time you get to the closing table. Pointed Out Unnoticed Features or Faults with the Home: An agent also has a lot of experience evaluating homes. They’ve truly seen it all. They’ll be able to pinpoint some things ...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.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 ...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 …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 …As a recent article from CNET says: “Buying a home is a good idea if you’re planning to stay put for at least three years. Home values typically increase between 2% and 5% annually, so you could end up paying more in closing costs than you’d earn in proceeds if you sell after only a year or two.”. So, think about your future.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 ...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. 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 ... 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 ...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 ...Business Insider explains: “The Federal Reserve slows inflation by raising the federal funds rate, which can indirectly impact mortgages. High inflation and investor expectations of more Fed rate hikes can push mortgage rates up. If investors believe the Fed may cut rates and inflation is decelerating, mortgage rates will typically trend down Keeping Current Matters Blog. Contact Your KCM Support Team. Chat with us live: (631) 593-5700; Email us: [email protected]; Your KCM Resources. ... Specifically, there were 20.6% more homes available for sale ranging between $200,000 and $350,000 in February 2024 than a year ago, … 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 ... May 2, 2023 · This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ... In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will fall, waiting will only cost you more. …Mike D’Ambrosio calls up Founder of Keeping Current Matters, Steve Harney, who spends this afternoon sharing some of his expert knowledge about the market wi...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 …Big cat habitat and gulf coast sanctuary, Kaitlin curtice, Austin symphony, Ziggys coffee, The shores resort spa, Scld, San francisco city and county, Blood bank of delmarva, White oak construction, The week periodical, Loaded bowl, Orlando improv international drive, Danbury senior living, Moheghan sun

George Ratiu, Chief Economist at Keeping Current Matters, explains: “Builders are also responding to this shift by bringing slightly smaller homes to market in an effort to meet lower price points . . .”. New data from the Census further confirms this pattern – it shows the median sales price of newly built homes has dipped down in recent .... K wings kalamazoo mi

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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 ...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 ...Feb 17, 2022 · Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom. The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. 1. SEARCH BY MARKET. Create your custom search by selecting any county, city, or zip code to access local market data from anywhere in the United States. 2. COMPARE NATIONAL TRENDS. Combine your local perspective with national comparisons on visuals for 10 data points that give you the full picture – all in one place. 3. Something went wrong. There's an issue and the page could not be loaded. Reload page. 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)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 ...According to Black Knight: “In total, mortgage holders gained $2.8 trillion in tappable equity over the past 12 months – a 34% increase that equates to more than $207,000 in equity available per borrower. . . .”. With the average home equity now standing at $207,000, homeowners are in a completely different position this time.From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. “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. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum …Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …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%.”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 . . .”.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 ...If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you're worried about falling home prices, don't be.If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five years. If you're worried about falling home prices, don't be.Some Highlights. Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.; Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation …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.Oct 26, 2022 · The graph below uses Mortgage Credit Availability Index (MCAI) data from the Mortgage Bankers Association (MBA) to help tell this story. In that index, the higher the number, the easier it is to get a mortgage. The lower the number, the harder it is. In the latest report, the index fell by 5.4%, indicating standards are tightening. Keeping Current Matters, Richmond, Virginia. 187,190 likes · 3,397 talking about this · 112 were here. www.KeepingCurrentMatters.com - Welcome, KCM...These Non-Financial Benefits Turn a House into a Happy Home. There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. December 25, 2023 by KCM CREW. For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths.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.Something went wrong. There's an issue and the page could not be loaded. Reload page. 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)Mike D’Ambrosio calls up Founder of Keeping Current Matters, Steve Harney, who spends this afternoon sharing some of his expert knowledge about the market wi...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.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.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!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.In today’s real estate market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase 4.7% in 2020 and 4.1% in 2021. This means experts anticipate home values will ...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.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 ...All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. And, this month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could ...Jan 3, 2024 · As an article from the National Association of Realtors (NAR) says: “Mortgage rates likely have peaked and are now falling from their recent high of nearly 8%. . . . This likely will improve housing affordability and entice more home buyers to return to the market . . .”. No one can say with absolute certainty where mortgage rates will go ... Today, unsold inventory sits at just a 3.2-months’ supply at the current sales pace, which is significantly lower than the last time. There just isn’t enough inventory on the market for home prices to come …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 ...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 ... Keeping Current Matters, or KCM, is a subscription based service that provides agents, brokers and lenders with monthly updated national real estate market statistics. These infographics, charts and reference materials, are an amazingly powerful tool for use with clients in buyer meetings, listing presentations and general communication …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.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, …Feb 17, 2022 · Here are four key reasons why today is nothing like the last time. 1. Houses Are Not Unaffordable Like They Were During the Housing Boom. The affordability formula has three components: the price of the home, wages earned by the purchaser, and the mortgage rate available at the time. 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 … 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 ... All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. And, this month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could ...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 ...Dec 18, 2023 · 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. 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.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.Mike D’Ambrosio calls up Founder of Keeping Current Matters, Steve Harney, who spends this afternoon sharing some of his expert knowledge about the market wi...This year, mortgage rates have been quite volatile as they’ve responded to high inflation. The 30-year fixed mortgage rate has hovered between roughly 6-7%, and that’s impacted affordability for many potential homebuyers. But, if there is a recession, history tells us mortgage rates may fall below that threshold, even though the days of 3% ...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 Apr 24, 2023 · Freddie Mac explains it 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. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum offer. Ultimately, you should only borrow an amount you are comfortable repaying.”. Discover Keeping Current Matters Working Coupon Code - "pricing20" If you're searching for outstanding savings at Keeping Current Matters, the coupon code "pricing20" is your key to unlocking exceptional discounts. Known for offering a consistent 20% off, this code is a favorite among cost-conscious consumers.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.June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be.When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put your stamp on.. If you’re thinking about buying a home this year, here are … Keeping Current Matters, Richmond, Virginia. 187,716 likes · 8,168 talking about this · 111 were here. www.KeepingCurrentMatters.com - Welcome, KCM Community! . 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