The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy Analysis, 2021 saw a retirement boom:
“At least 1.7 million more older workers than expected retired due to the pandemic recession.”Continue Reading
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity over the past year.
If you’re looking for the best ways to use your growing equity, here are four options:Continue Reading
The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your home equity can help accomplish your goals.
Let’s connect to discuss how you can take advantage of today’s sellers’ market to get the most out of your home sale.
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels.
In more good news for homeowners, the most recent Home Price Expectations Survey – a survey of a national panel of over one hundred economists, real estate experts, and investment and market strategists – forecasts home prices will continue appreciating over the next five years, adding to the record amount of equity homeowners have already gained over the past year. Continue Reading
June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searching for over the past year.
Let’s connect today to determine if homeownership is the right next step for you.
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them.
1. Move-up or Downsize: One option is to consider moving into a new home, putting the equity you’ve likely gained in your current house toward a down payment on a new one that better meets your needs – something that’s truly a perfect fit, especially if your lifestyle has changed this year.Continue Reading
If you’re thinking of buying a home and not sure where to start, you’re not alone. Here’s a map with 10 simple steps to follow in the home buying process.
![The Path to Homeownership [INFOGRAPHIC]](/assets/2021/07/kcm-path-to-home-ownership.png)
Let’s connect today to discuss the specific steps along the way in our local area.
Getting homeowners insurance when you purchase a house is a non-negotiable. But while standard home insurance policies provide a high level of coverage and protection, they don’t cover everything — and in order to protect your home (and your investment), it’s important to understand what potential issues might fall outside your home insurance umbrella.
Here are a few things that you may be surprised to learn that your homeowner’s insurance doesn’t cover:Continue Reading
Home ownership is one of the best ways to build your financial future. In fact, homeowners have an average net worth that is 40 times greater than that of renters. Watch:
Let’s connect so we can begin planning your first step toward building your financial future.
COVID-19 has caused many people to spend significantly more time at home than they’re used to—and all that time at home has led to a serious rise in the popularity of home improvement and DIY projects.
But it looks like this DIY/home improvement trend is here to stay — COVID or no COVID. The home improvement and DIY trend has staying power beyond the pandemic, according to a recent report by CNBC:
Bottom line: While COVID may have inspired the uptick in home improvement and DIY projects, the trend is showing no signs of slowing. So if you’ve been thinking about tackling a project at home (either for your own satisfaction or to get your property ready to sell), now is a great time to make a move.
