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January 2018

Found 7 blog entries for January 2018.

U.S. Housing Inventory Crunch Continues… List Your House Today! | MyKCM

Every winter, families across the country decide if this will be the year that they sell their current houses and move into their dream homes.

Mortgage rates hovered around 4% for all of 2017 which forced many buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!

At the same time, however, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “in Q4 2017, U.S. home inventory decreased by 10.5%. That is the biggest drop we’ve seen since Q2 2013.” 

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Crunch Continues… List Your House Today! | MyKCM

The largest drop in inventory was in the starter home category which saw a 19% dip in listings.

Bottom Line

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5 Reasons to hire a Real Estate Agent

  1. Real Estate Agents will help you with all paperwork, Helping you submit all disclosures and in today's heavily regulated environment.
  2. Real Estate Agents are well educated in the entire home selling process and well educated in the proper steps to get you in a home.
  3. Real Estate Agents are great negotiators and will work to get you the best price.
  4. Real Estate Agents best understand today's real estate values when setting the price of a listing or an offer to purchase.
  5. Real Estate Agents are ready to teach you about today's real estate challenges and can help get you ahead of the competition 

Real Estate Agents have a tried and true system to help you sell your home. In today's market and with

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Buying a home has been the American dream for sometime now. This is an exciting stage in our adult life and we all get there at different points in time. Many of us wait around wondering if the time is right, Should I wait till I'm married? How big will my family be? Others think no one will yet take them seriously believing they are too young for a mortgage.

I wanted to take the time to show you this is not the truth. Many more Americans are ready for homeownership than they believe. Below you will find some facts about first time home buyers and where they are in their life when they finally decide to buy a home. This real estate information has been provided by NAR, The National Association of Realtors.

Wondering If You Can Buy Your First Home? | MyKCM

The Breakdown

If you look

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Over 700,000 Homes in the US Regained Equity in 2017. This is amazing news for the country and home owners across the nation. This means our country is technically worth more. Homeowners now have the ability to profit on homes sales and move up to a more expensive home or be more stable with mortgage payments. This increase in home equity brings 20% of home owners out of negative equity.

  • The average American homeowner has gained $14,900 in equity during the past year.
  • 3.2 Million homes since 2016 have moved into positive equity
  • 63% of home owners have had their equity increased, increasing the value of american homes $870.6 Billion since the Third Quater of 2016.

This InfoGraphic shows the amount of homes with positive

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Great Gorge Village a scenic setting where attractive townhomes and Condominiums cling to flowery hillsides. You will experience spectacular views of a sun-drenched valley below. Easy Access to some of the Greatest golf on the East coast, Skiing, Snowboarding hiking, biking, horseback riding and tennis. All of this right at your doorstep!

Welcome to Great Gorge Village, ideally located in the scenic rolling hills of Northwestern New Jersey and Just one hour from Manhattan.

This Mountain Resort Destination are adjacent to Minerals, Resort & Spa Featuring a ton of amenities. 

Minerals Sports Club

  • 7 indoor & outdoor heated nature pools.
  • 6,000 Sq. Ft. Fitness Center
  • Jacuzzi, Steam Room & Sauna
  • Tennis & Racquetball Courts
  • Full Basket
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Nows the time to move up to a luxury home in New Jersey. If you are need of a larger home because of a growing family. Maybe you are finally ready for a bigger investment for the future. Either way, after exploring some data released by Trulia's Market Mismatch Study, you will see buyers are in the driver seat during real estate transactions of luxury homes.

Fewer people are looking for Luxury homes in New Jersey, Compared to the number of homes for sale in the marketplace. This will keep homes on the market for a longer period of time, usually leading to a price cut of some sort on the home.

In the started home market many home buyers are getting stuck in bidding wars. The high demand for these homes has increased the market. You will see

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