Market Updates

Jan. 23, 2023

What’s Really Happening with Home Prices

What’s Really Happening with Home Prices? [INFOGRAPHIC]

What’s Really Happening with Home Prices? [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
  • While home prices are down slightly month-over-month in some markets, home values …
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Jan. 20, 2023

Is the housing market turning?

@CharleyWasson discusses some of the interesting stories he's seen regarding real estate. Including, how builder sentiment is unexpectedly UP, where's the best place for First Time Homebuyers, and what design trends are gaining traction and popularity. Questions? Leave them in the comments, and feel free to reach out to …

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Jan. 19, 2023

Pre-Approval in 2023: What You Need To Know

Pre-Approval in 2023: What You Need To Know

Pre-Approval in 2023: What You Need To Know | MyKCM

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

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Jan. 17, 2023

Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage Rates



Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. …

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Jan. 13, 2023

Key Terms To Know When Buying a Home

Key Terms To Know When Buying a Home [INFOGRAPHIC]

Key Terms To Know When Buying a Home [INFOGRAPHIC] | MyKCM

 

Key terms to know when buying a home:

Appraisal: a report highlighting the estimated value of the property completed by a qualified third party. Lenders rely on an appraisal to validate a home's worth and ensure they …
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Jan. 12, 2023

Is It Time To Sell Your Second Home?

Is It Time To Sell Your Second Home?



During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different …

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Jan. 11, 2023

Today’s Boerne Housing Market Is Nothing Like 15 Years Ago

Today’s Boerne Housing Market Is Nothing Like 15 Years Ago



There’s no doubt today’s housing market in Boerne is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it …

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Jan. 9, 2023

What Experts Are Saying About the 2023 San Antonio area Housing Market

What Experts Are Saying About the 2023 San Antonio area Housing Market



If you’re thinking about buying or selling a home soon in the greater San Antonio metro, including Boerne, and Fair Oaks Ranch, you probably want to know what you can expect from the housing market

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Jan. 3, 2023

How Much You Need To Save for a Down Payment?

How Much You Need To Save for a Down Payment?

Wondering How Much You Need To Save for a Down Payment? | MyKCM
If you’re getting ready to buy your first home in the Boerne area, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don't let …

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Jan. 2, 2023

What Are Your Goals in the Boerne Housing Market This Year?

What Are Your Goals in the Boerne Housing Market This Year?



If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for …

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