Connecticut Real Estate

Feb. 15, 2023

What Does "Clear to Close" Mean In Connecticut?

What Does "Clear to Close" Mean In Connecticut?

 

One of the best things a homebuyer can hear is. "we have 'clear to close.'" It's one of the biggest milestones in the mortgage lending process and means the underwriter has cleared the application to move forward to document signing …

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Feb. 14, 2023

6 Side Hustles To Help Save For A Down Payment In Connecticut

6 Side Hustles To Help Save For A Down Payment In Connecticut

One of the biggest financial goals for many is to save up enough money for a down payment on a house. For those who don't have access to family wealth or are having trouble scraping together the …

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Feb. 13, 2023

Pre-Approval In 2023: What

Pre-Approval in 2023: What You Need To Know In Connecticut

Pre-Approval in 2023: What You Need To Know | MyKCM

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

“In a preapproval …

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Feb. 10, 2023

Have Home Values Hit Bottom In Connecticut

Have Home Values Hit Bottom In Connecticut?

Have Home Values Hit Bottom? | MyKCM

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what …

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Feb. 9, 2023

Think Twice Before Waiting for 3% Mortgage Rates In Connecticut

Think Twice Before Waiting for 3% Mortgage Rates In Connecticut

Think Twice Before Waiting for 3% Mortgage Rates | MyKCM

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 …

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Feb. 8, 2023

What Past Recessions Tell Us About the Housing Market In Connecticut

What Past Recessions Tell Us About the Housing Market In Connecticut

What Past Recessions Tell Us About the Housing Market | MyKCM

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in …

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Feb. 7, 2023

Is It Time To Sell Your Second Home In Connecticut

Is It Time To Sell Your Second Home In Connecticut

Is It Time To Sell Your Second Home? | MyKCM

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home …

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Feb. 6, 2023

Today's Housing Market Is Nothing Like 15 Years Ago In Connecticut

Today’s Housing Market Is Nothing Like 15 Years Ago In Connecticut

Today’s Housing Market Is Nothing Like 15 Years Ago | MyKCM

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to …

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Feb. 3, 2023

The Truth About Negative Home Equity Headlines In Connecticut

 

The Truth About Negative Home Equity Headlines In Connecticut

The Truth About Negative Home Equity Headlines | MyKCM

Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equityBut don’t let those headlines scare you.

In …

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Feb. 2, 2023

What Experts Are Saying About the 2023 Housing Market In Connecticut

What Experts Are Saying About the 2023 Housing Market In Connecticut

What Experts Are Saying About the 2023 Housing Market | MyKCM

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage …

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