The KCM Blog

July 2011

The Only Thing “Lousy” Was the Advice!

July 13, 2011

We read an interesting article in the Wall Street Journal on Monday titled A Home Is a Lousy Investment. It was written by Mr. Bridges, a professor of clinical finance and business economics at the University of Southern California’s Marshall School of Business. The essence of the piece is that owning a home is not [...]

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Bringing the Sale Across the Finish Line

July 12, 2011

Today, we are honored to have Ken H. Johnson, Ph.D. — Florida International University (FIU) and Editor of the Journal of Housing Research as our guest blogger. To view other research from FIU, visit http://realestate.fiu.edu/. – The KCM Crew The negotiation of a sales agreement is a very difficult process. A well drafted sales agreement almost cinches a [...]

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Attention: All KCM Crew Members!

July 11, 2011

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Unemployment’s Impact on Housing

July 11, 2011

What impact does rising unemployment have on the real estate market? Actually, it is quite simple: Rising unemployment creates uncertainty. Uncertainty creates fear. Fear creates paralysis. Paralysis prevents people from moving forward with their lives. Don’t allow fear to stop you from getting on with your life. Realistically look at your personal situation and decide [...]

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The Devil Is in the Details

July 8, 2011

Distressed Property InfoGraphic CoreLogic information on Shadow Information: http://www.corelogic.com/about-us/researchtrends/shadow-inventory.aspx  LPS information on inventory/sales ratio:  http://www.lpsvcs.com/LPSCorporateInformation/ResourceCenter/PressResources/MortgageMonitor/201105MortgageMonitor/LPSMortgageMonitorMay2011.pdf RealtyTrac information on discounts on short sales and foreclosures: http://www.realtytrac.com/content/news-and-opinion/foreclosure-homes-account-for-28-percent-of-q1-2011-sales-6586 Share

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Let’s Get Chicken Little

July 7, 2011

You all know the story…young chicken, fearful of the worst, runs around declaring that “the sky is falling, the sky is falling”. In today’s real estate market, there are many people (professionals and amateurs alike) with opinions that make buying real estate sound like throwing money away. One thing I have learned in life is [...]

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