Brevard Real Estate News

Sept. 21, 2021

Can Your Home Deliver the Space You Need?

 

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need? | MyKCM

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought ...

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Sept. 20, 2021

Is the Number of Homes for Sale Finally Growing?

An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason many would-be purchasers are frustrated with ...

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Sept. 20, 2021

Is It Time To Move on to a New Home?

 

If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):Is It Time To Move on to a New Home? | MyKCM\

As the graph shows, before 2008, homeowners sold their houses after an average of just five ...

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Sept. 15, 2021

5 Tips for Making Your Best Offer

 

In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams ...

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Sept. 13, 2021

Fact or Fiction: Homebuyer Edition

Some Highlights

  • When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.
  • It takes professionals who study expert opinions and data to truly understand the real estate market and separate ...
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Sept. 9, 2021

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

One of the major storylines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.

Here are the latest percentages showing the year-over-year increase in home ...

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Sept. 2, 2021

What To Do with Your Vacation Home as Summer Ends

 

As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for ...

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Aug. 30, 2021

The Difference in Net Worth Between Homeowners and Renters Is Widening

 

 

Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial wellness and their goals. It shows there may ...

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Aug. 26, 2021

Can You Define These Key Terms in Today’s Housing Market?

 

  • The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which ...
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Aug. 23, 2021

The Best Use of Time & Money When It Comes to Renovations

 

In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – ...

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