February 2012

Warren Buffett: It’s Time to Buy Real Estate

February 29, 2012
Warren Buffett

Warren Buffett appeared live on CNBC’s Squawk Box this week. During the interview, he was asked about the current real estate market and whether he felt now was the time to buy. His response was rather emphatic and has been used as a headline in hundreds of articles since the interview: “If I had a [...]

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Is It the Price of Your Home or the Price of Your Happiness?

February 28, 2012
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Our founder, Steve Harney, occasionally asks to do a personal post on what he sees as important to our industry. Today is one of those days.  – The KCM Crew I recently gave a presentation about the current real estate market to a group of home sellers in a city in the Northeast.  That night, [...]

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House Prices: Window of Opportunity Beginning to Close

February 27, 2012
Window of Opportunity

There have been conflicting opinions as to where housing prices are headed. We want to give our opinion on this subject for the short term. We believe sellers have a window of opportunity for the next 90-120 days in most parts of the country in which to sell their homes for maximum price. We believe [...]

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Foreclosures in Process by State

February 24, 2012
Foreclosures in Process

InfoGraphic Methodology as per CoreLogic: The foreclosure inventory represents the number and ratio of homes that have been placed into the process of foreclosure by the mortgage servicer. Mortgage servicers start the foreclosure process when the mortgage reaches a specific level of serious delinquency as dictated by the investor for the mortgage loan … The [...]

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Is There a 3.8% House Sales Tax in the Health Care Bill?

February 23, 2012
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The presidential election has renewed the debate about the Administration’s Health Care Bill. We are again getting many questions about a possible 3.8% tax on home sales that some claim is in the bill. To answer these questions, we have decided to re-run a blog post we did last year. – The KCM Crew We [...]

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How the Serenity Prayer Applies To Selling a Home

February 22, 2012
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You may believe that selling your home is impossible in today’s market. You may feel powerless to the process. What could YOU possibly do to turn this housing market around? There is no doubt that today’s real estate market is extremely difficult to navigate. However, we want you to know that thousands of homes sold [...]

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