CT Buyer Tips

Sept. 28, 2018

Should I Buy Now? Or Wait Until Next Year?

Connecticut buyers: Should I Buy Now? Or Wait Until Next Year?

Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
  • Freddie Mac predicts interest rates …
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Sept. 24, 2018

How Much Has Your Home Increased in Value?

 

How Much Has Your Home Increased in Value? | MyKCM

Home values have risen dramatically over the last twelve months. In CoreLogic’s most recent Home Price Index Report, they revealed that national home prices have increased by 6.2% year-over-year.

CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if …

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Sept. 21, 2018

4 Reasons to Sell This Fall in Connecticut

 

4 Reasons to Sell This Fall [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Connecticut housing inventory is still under the 6-month supply that is needed for a normal housing market.
  • Buyers are often competing with one another for the listings that are available.
  • Perhaps the time has come for you and your family to move on and start living the …
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Sept. 19, 2018

25% of Homes with a Mortgage are Now Equity Rich!

 

25% of Homes with a Mortgage are Now Equity Rich! | MyKCM

Connecticut's rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is …

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Sept. 18, 2018

Connecticut Home Prices: The Difference 5 Years Makes

 

Home Prices: The Difference 5 Years Makes | MyKCM

CoreLogic recently released their Home Price Index ReportOne of the key indicators used in the report to determine the health of the housing market was home price appreciation. CoreLogic focused on appreciation from July 2013 to July 2018 to show how prices over the last five …

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Sept. 13, 2018

Are Connecticut Homebuyers Starting to Hit the ‘Pause’ Button?

 

Are Homebuyers Starting to Hit the ‘Pause’ Button? | MyKCM

For the last several years, buyer demand in CT has far exceeded the housing supply available for sale. This low supply and high demand have led to home prices appreciating by an average of 6.2% annually since 2012.

With this being said, three of the four major reports …

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Sept. 10, 2018

4 Reasons Why Fall Is A Great Time to Buy A Home in CT!

4 Reasons Why Fall Is A Great Time to Buy A Home! | MyKCM

Here are four great reasons to consider buying a home today instead of waiting.

1. Prices Will Continue to Rise in CT

CoreLogic’s latest Home Price Insights report reveals that home prices have appreciated by 6.2% over the last 12 months. The same report predicts that prices will continue …

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Posted in CT Buyer Tips
Sept. 4, 2018

Rents Are on The Rise in CT: Don’t Get Caught in The Rental Trap!

 

Rents Are on The Rise: Don’t Get Caught in The Rental Trap! | MyKCM

There are many benefits to homeownership in Connecticut, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.

Don’t Become Trapped 

A recent article by Apartment List addressed rising rents by stating:

Our …

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Sept. 3, 2018

A+ Reasons to Hire a Connecticut Real Estate Pro

 

A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC] | MyKCM

Some Highlights:

  • Hiring a Connecticut real estate professional to help you buy your dream home or sell your current house is one of the most ‘educated’ decisions you can make!
  • A real estate professional has the experience needed to help you through the entire process.
  • Make sure that you …
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Posted in CT Buyer Tips
Aug. 28, 2018

Having Trouble Saving Enough for Your Down Payment in CT? Crowdfund It!

 

Having Trouble Saving Enough for Your Down Payment? Crowdfund It! | MyKCM

You read that right! First-time buyers in CT are getting creative when it comes to saving the necessary down payment to buy a home.

Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled by the …

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Posted in CT Buyer Tips