Sun Valley Happenings
A Real Estate Professional Helps You Separate Fact from Fiction
By KCM Team
Posted by Inactive Shanna Shepherd on August 03, 2022 in
uncategorized
If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you.
Here are three common housing market myths you might be hearing, along with the expe... read more
Why the Forbearance Program Changed the Housing Market
By KCM Team
Posted by Inactive Shanna Shepherd on August 09, 2022 in
uncategorized
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen again. Here’s why forbearance worked.
Forbearance enabled nearly five million homeowners to get back on their feet in a time when havin... read more
Buying a Home May Make More Financial Sense Than Renting One
By KCM Team
Posted by Inactive Shanna Shepherd on August 10, 2022 in
uncategorized
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says:
“The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record level for Realtor.com data for the 16th consecutive month.”
That means ri... read more
The U.S. Homeownership Rate Is Growing
By KCM Team
Posted by Inactive Shanna Shepherd on August 15, 2022 in
uncategorized
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year:
That data shows more than half of the U.S. population live in a home they own, and the percentage is growing with time.
If you’re thinking about buying a home this year, here are just a few reasons why so many people see the value of homeownership.
Why Are More People ... read more
Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
By KCM Team
Posted by Inactive Shanna Shepherd on August 18, 2022 in
uncategorized
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer.
But what was once your greatest challenge may now be your greatest opportunity. Today, data shows buyer demand is moderating in the wake of higher mortgage rates. Here are a few reasons why this shift in the housing market is good news ... read more
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