The Federal Reserve released its quarterly Beige Book on Wednesday. The Beige Book is a summary of conditions for a number of industries in each of the 12 districts covered by a distinct Federal Reserve Bank. Here are a few of the highlights: Home … [Read more...]
Different Generations See the Value in Homeownership
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 During an online chat with other real estate professionals last week, the question of the true … [Read more...]
Vacation Home Buyers in 2012
As we look forward to Memorial Day Weekend and the official start to summer here are a few vacation home owner statistics from a recent report. The median vacation home purchase price was higher in 2012 than in 2011–$150,000. The share of … [Read more...]
“Boomerang buyers” in your region
Have you experienced the “boomerang buyer” yet? This is a potential home buyer who was once foreclosed on for whatever reason, and is hoping to re-enter the real estate market and be a homeowner once again. Many of them have waited the … [Read more...]
Better to buy now, sell later — and more from a new Trulia survey
A new survey from Harris Interactive — on behalf of Trulia — found that people think. A. It’ll be better to buy now than next year. B. It’ll be better to sell next year than now. “A” is probably true — more … [Read more...]
More people spending too much of their income to rent
“The rent is too damn high” — add that to the growing list of reasons we’re going to see a boatload of new buyers entering the market in the next few years. That’s a reasonable conclusion from new Census Bureau … [Read more...]
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