Bozeman Area Happenings
How Buying or Selling a Home Benefits Your Community
By KCM Team
Posted by Alysa King on May 20, 2024 in
uncategorized
If you're thinking of buying or selling a house, it's important to know it doesn't just impact you—it helps out the local economy and your community, too.
Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below):
When a house is sold, it really boosts the local economy. That’s because of all the people nee... read more
Tips for Younger Homebuyers: How To Make Your Dream a Reality
By KCM Team
Posted by Alysa King on May 14, 2024 in
uncategorized
If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you.
While there’s no arguing this housing market is challenging for first-time homebuyers, it is still achievable, especially if you have professionals on your side.
Here are so... read more
Now’s a Great Time To Sell Your House
By KCM Team
Posted by Alysa King on April 29, 2024 in
uncategorized
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.
Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):
Why Are Sellers Feeling so Optimistic?
One reason why is... read more
What You Really Need To Know About Home Prices
By KCM Team
Posted by Alysa King on April 23, 2024 in
uncategorized
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.
A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate In... read more
Is It Easier To Find a Home To Buy Now?
By KCM Team
Posted by Alysa King on March 28, 2024 in
uncategorized
One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change.
The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023):
Does That Mean Finding a Home Is Easier?
The answer is yes, and no. As an article from Realtor.com says:
“There were nearly 15% more homes for sale i... read more
