The KCM Blog

March 2011

Mortgages: Is What You Believe Actually True?

March 31, 2011

What if everything you believed to be true about mortgages, wasn’t actually true after all?  Would you rather know now or later? In my experience, I have come to understand that many, if not most, clients come ‘pre-conditioned’ by what has long been termed “conventional wisdom”.   For generations, people have been told that when buying [...]

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Real Estate: GOLDen Opportunity of This Decade

March 30, 2011

Everyone wants to comment on the current real estate market. They want to talk about how now is not the time to buy a home. Some even argue owning a house has never been a great investment. Most say it will be a long time before real estate again begins to appreciate. It all sounds [...]

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Month’s Shadow Inventory: State by State

March 29, 2011

Last week, we reported on the National Association of Realtors’ (NAR) Economists’ Outlook and gave you a map showing the percentage of overall sales that distressed properties represented in each state. Today we want to show you another map from the same NAR outlook. This one shows the number of months shadow inventory by state: NAR [...]

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Double Dip or Double Your Money? … or Both?

March 28, 2011

Last week, MacroMarkets LLC announced the results of the March 2011 Home Price Expectations Survey, compiled from 111 responses of a diverse group of economists, real estate experts and investment and market strategists. Many media sources reported on the survey’s comment about a projected ‘double dip’ in prices. What the media didn’t aggressively cover was [...]

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Distressed Properties: Discounts and Difficulties

March 25, 2011

Most buyers want to make sure they get a ‘good deal’ when they purchase something. Purchasers of real estate are no different. That is why many decide to buy a distressed property (a foreclosure or a short sale). The National Association of Realtors (NAR) last week reported foreclosures, on average, sell at a 22% discount [...]

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The 4 Stages Of Wealth Building As A Homeowner

March 24, 2011

One of the primary objectives of owning a home is to let the home appreciate over time and become a pillar of a family’s financial strength. But before we can discuss “wealth”, we need to identify the stages to get there. Stage 1 Having “Emergency Cash” is the first stage. It’s having $5-7,000 liquid for [...]

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