Buyer Information

March 1, 2023

March 2023 Canyon Crest Market Update - Perhaps a Bit of a Rebound?

 

 

The real estate market has rebounded a bit. Hooray! Days on market in Orange County have been cut in half to 42 days from 89 days at the end of 2022. Inventory is low across all of Orange County. Open houses are busier and buyers are wanting to ...

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Feb. 22, 2023

February 2023 Market Update - Mortgage Rates Pave the Path

 


Mortgage Rates - Not only do they affect buyers, but they also impact the number of sellers.

 

Just about everyone loves the beach. Basking in the sun, walking along the coast, listening to the soothing sounds of waves crashing on the shore, and taking a refreshing plunge in the ...

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Jan. 31, 2023

Are Things Heating Up in January? - Canyon Crest Market Update January 2023

 

 

I'm not going to sugarcoat it - the second half of 2022 was rough for sellers, listing agents, buyer's agents, appraisers, mortgage lenders, and the real estate market in general.

 

With 2022 in the rearview mirror, we can finally get excited about what is going on ...

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Jan. 11, 2023

January 2023 Real Estate Market Update - Off to a Sluggish Start

 

Bears do not wake up from hibernation energetic and raring to go. Instead, they are groggy and dazed for two to three weeks and it takes a while for their metabolism to kick in again. That is how housing normally starts after the holidays have finally passed. It takes ...

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Dec. 8, 2022

A Holiday Pause? - December 2022 Market Update

 

 

The holidays are here and with it come holiday parties, plenty of shopping, family gatherings, eggnog, spirits, and nonstop festive music. With COVID being much less of a distraction and a deterrent to enjoying the essence of the season, sellers and buyers are going to be even more ...

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Dec. 7, 2022

Key Advantages of Buying a Home Today

 

Key Advantages of Buying a Home Today | MyKCM

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying ...

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Nov. 2, 2022

Homeownership is Historically a Great Hedge Against Inflation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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In an inflationary economy, prices rise across the board. Historically, homeownership is a great hedge against those rising costs because you can lock in what’s likely your largest monthly payment (your ...

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Nov. 2, 2022

The Fed and It's Influence on Real Estate - November 2022 Market Update

 

 

All year long the Federal Reserve has been in the news. Inflation had become enemy number one and they were going to do everything in their power to tamp down out-of-control inflation. Prices of goods, services, food, and energy were climbing at an unhealthy rate. Home values had ...

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Oct. 31, 2022

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good ...

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Oct. 4, 2022

Buyer's Opportunity - The 2-1 Temporary Buydown

 

With interest rates in the high 6% range, quite simply, you don't get as much for your money. 

 

But there is hope! It is called the 2-1 Temporary Buydown and has helped many buyers and sellers close escrow in this sluggish market.

 

What is a ...

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