According to data shared in a recent post, sixty-eight million (82.93%) of those homes are owner-occupied – meaning the person who owns the home lives in it. If you subtract that sixty-eight million from the total number of single-family homes (82 million), that leaves just about fourteen million homes left that are single-family rentals (SFRs).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 ...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.With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11 th consecutive year, consistently beating other investment types like …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 ... 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. 277K Followers, 506 Following, 1,922 Posts - See Instagram photos and videos from Keeping Current Matters (KCM) (@keepingcurrentmatters)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 ...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. 631.787.6200. 7204 Glen Forest Drive, Suite 204. Richmond, Virginia 23226. General Inquiries | [email protected]. Member Support | [email protected]. See pricing for Keeping Current Matters' personalized real estate content and resources to help you share knowledge with current and potential clients. 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.”.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 local real estate advisor is knowledgeable about: The value of homes in your neighborhood. The current demand for houses in today’s market. The condition of your house and how it affects the value. A real estate professional will balance these factors to make sure the price of your house makes the best first impression and gives you the ...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 ...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.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. 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 ... 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 …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 ... 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. 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 ...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 (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, …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 ...Keeping Current Matters Pricing*. The basic plan is $39.95/mo and gets you daily blog posts, the buyer and seller guides, access to their Facebook group, and market reports. The Pro version is $59.95/mo. It adds videos and social media graphics. There is …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 ... Keeping Current Matters helps real estate agents become trusted advisors with curated market insights and educational content. If you're a real estate profes...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 ... We're sorry but the KCM Free Trial form doesn't work properly without JavaScript enabled. Please enable it to continue. 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 ...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 …Keeping Current Matters is my most powerful tool to keep my real estate business alive and thriving. Right now, our clients, our spheres of influence and our communities are looking for strong leadership and facts. I’m not an economist whatsoever, but at least twice per day I am posting on my social media accounts and emailing my database ... 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 ... 8720 Stony Point Pkwy Suite 400 Richmond, VA 23235 (631) 787-6200 Email KCM 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 ...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 ... 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 ...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 …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.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.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 … 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, complete with your name & contact info 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 is a content curation platform for real estate professionals. As a realtor, you can search content for different real estate categories and then …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.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 ... 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. 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 ... 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.With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11 th consecutive year, consistently beating other investment types like …Huge thanks to Steve Harney and the incredible team behind keeping current matters (KCM) 🌟📘! Thanks to this incredible resource, I’m armed …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 ...Confidently establish credibility as a trusted advisor in the real estate market by staying up-to-date on the latest news and insights.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 ...Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. September 30, 2022 by KCM CREW.Feb 29, 2024 · Expert Home Price Forecasts for 2024 Revised Up. Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. February 22, 2024 by KCM CREW. Interest Rates, Housing Market Updates. 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 ... Keeping Current Matters. At KCM, our mission is to change the way. real estate advisors educate and serve their clients. We hope you’ll join the thousands of real estate professionals across the country who utilize. the information and knowledge available through KCM to help grow their businesses and. consistently raise the bar of what it ... 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, complete with your name & contact info 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. We're sorry but the KCM Free Trial form doesn't work properly without JavaScript enabled. Please enable it to continue. Jan 10, 2024 · Do Discuss Changes with Your Lender. Be upfront about any changes that occur or you’re expecting to occur when talking with your lender. Blips in income, assets, or credit should be reviewed and executed in a way that ensures your home loan can still be approved. If your job or employment status has changed recently, share that with your ... 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%.”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.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 …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.Being a part of Bridge Builders™ gives me an incredible edge in the ability to ‘think like a Realtor AND a consumer.’. It enables me to be one step ahead so I not only understand the current trends, but can explain them in detail with great confidence. Lori.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.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.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 ...Millennials. The latest real estate news and insights delivered to your inbox. Top agents establish their credibility as a trusted advisor in the housing market by …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 …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.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. Feb 29, 2024 · Expert Home Price Forecasts for 2024 Revised Up. Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. February 22, 2024 by KCM CREW. Interest Rates, Housing Market Updates. 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 …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 …Keeping Current Matters. @keepingcurrentmatters ‧ 17.3K subscribers ‧ 308 videos. Keeping Current Matters helps real estate agents become trusted …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 …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. Keeping Current Matters helps real estate agents become trusted advisors with curated market insights and educational content. 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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 ... . Marble collegiate church
A PEAR (Professional Equity Assessment Report) will show them they probably have more than they realize. And if they decide to move, they can use all that equity toward the purchase of their next home. Offer a PEAR to your clients and let them know you can help them determine just how much equity they have right now – and how they can put it ...Keeping Current Matters, Richmond, Virginia. 187,190 likes · 3,397 talking about this · 112 were here. www.KeepingCurrentMatters.com - Welcome, KCM...According to data shared in a recent post, sixty-eight million (82.93%) of those homes are owner-occupied – meaning the person who owns the home lives in it. If you subtract that sixty-eight million from the total number of single-family homes (82 million), that leaves just about fourteen million homes left that are single-family rentals (SFRs).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: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.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.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 ...March 15, 2024 at 4:52 AM PDT. Listen. 3:05. Hong Kong’s government is considering keeping Eddie Yue as its de-facto central bank chief after his …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, …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. 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 ... 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 ... 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 …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 ...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 ...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 ... 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 ... Today’s market is nearly the exact opposite. Since the housing crash of 2008: Lending standards have tightened. The market is under-supplied rather than over-supplied on inventory. Most homeowners are much more cautious with their equity. Plus, housing market experts are forecasting continued price appreciation this year, as demand continues ...Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter and homeowners have …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 ... 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 ...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. 631.787.6200. 7204 Glen Forest Drive, Suite 204. Richmond, Virginia 23226. General Inquiries | [email protected]. Member Support | [email protected]. See pricing for Keeping Current Matters' personalized real estate content and resources to help you share knowledge with current and potential clients. President Joe Biden and former President Donald Trump continue to move toward a rematch in November after clinching their parties' presidential …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 …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 ...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...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.”.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 …Feb 12, 2024 · 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 ... 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 ... 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 ... Think Twice Before Waiting for 3% Mortgage Rates. Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and …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 ...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 ... 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 ... 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 ... 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...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.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 ...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 ...The 62% jump in showings from December to January is one of the largest on record. There were also more showings in January than in any other month since last May. As you can see in the graph, it’s normal for showings to increase early in the year, but the jump this January was larger than usual, and a lot of that has to do with mortgage rates.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 …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 …Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply.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 good news. Unless specified by your loan type or lender, it’s typically not required to put 20% down. This means you could be closer to your homebuying dream than you realize. According to NAR, the median down payment hasn’t been over 20% since 2005. In fact, the median down payment for all homebuyers today is only 14%.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 ...Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in their homes longer have both led to today’s low supply.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 …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 …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 …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 ...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.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 profes...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. Albion fit, Gordon ramsay frozen food, Ups comjobs, Americansignature, 99 jamz florida, Jcrew factory outlet, Servicio inmediato nacional, Rose acres, Ski and see.