Coldwell Banker Distinctive Properties Kansas City Blog

Home Price Deceleration Doesn’t Mean Home Price Depreciation

By KCM Team
Posted by Inactive Shanna Shepherd on June 21, 2022 in  uncategorized
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may hear: Appreciation is when home prices increase. Depreciation is when home prices decrease. Deceleration is when home prices continue to appr... read more

Homeownership Could Be in Reach with Down Payment Assistance Programs

By KCM Team
Posted by Inactive Shanna Shepherd on June 29, 2022 in  uncategorized
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available that can help you achieve your homeownership goals. The key is understanding where to look and learning what options are available. Here’s some information ... read more

What Does an Economic Slowdown Mean for the Housing Market?

By KCM Team
Posted by Inactive Shanna Shepherd on July 13, 2022 in  uncategorized
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings up many fears and questions around how it might affect our lives, our jobs, and business overall. And one concern many Americans have is: how will this affect the housing m... read more

Housing Experts Say This Isn’t a Bubble

By KCM Team
Posted by Inactive Shanna Shepherd on July 21, 2022 in  uncategorized
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s why economists and industry experts say the housing market is not a bubble ready to pop. Today Is Nothing Like 2008 The 2008 housing crash is still fresh in the minds of many homebuyers and sellers.... read more

Why Pre-Approval Is a Game Changer for Homebuyers

By KCM Team
Posted by Inactive Shanna Shepherd on July 26, 2022 in  uncategorized
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways. To better understand why, it’s important to know what pre-approval is. Freddie Mac defines the pro... read more
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