First Time Buyer

Feb. 23, 2021

Mortgage Rates Slight Increase

Mortgage Rates Have Moved Up Slightly This Week

 

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

The Reason Mortgage Rates Are Projected to Increase and What It Means for You | MyKCM

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that ...

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Feb. 18, 2021

Will Low Mortgage Rates Continue?

Will Low Mortgage Rates Continue through 2021?

Will Low Mortgage Rates Continue through 2021? | MyKCM

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting:

“The average 30-year fixed-rate mortgage hit ...

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Feb. 9, 2021

No Housing Bubble

3 Reasons We’re Definitely Not in a Housing Bubble

3 Reasons We’re Definitely Not in a Housing Bubble | MyKCM

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over ...

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Jan. 28, 2021

Record Low Housing Market

What Record-Low Housing Inventory Means for You

What Record-Low Housing Inventory Means for You | MyKCM

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes ...

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Dec. 21, 2020

North Myrtle Beach Christmas Lights

North Myrtle Beach Christmas Light Show!

Don't miss the North Myrtle Beach Christmas light show this year as it is the best ever!

North Myrtle Beach Christmas Light Show

The "Drive Thru" show is over 2 miles long with over 2 million lights.  See lighted displays from Santa to Golf Carts to Shag Dancers ...

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Dec. 16, 2020

Buying a house for Christmas?

The Holidays Aren’t Stopping Homebuyers This Year

The Holidays Aren’t Stopping Homebuyers This Year | MyKCM

Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the ...

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Dec. 1, 2020

Five Tips for Home Buyers

5 Tips for Homebuyers Who Want to Make a Competitive Offer

5 Tips for Homebuyers Who Want to Make a Competitive Offer | MyKCM

Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and ...

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Oct. 19, 2020

Real Estate Market Strength

Real Estate Continues to Show Unprecedented Strength This Year

#lorettarealty #lowmortgagerates

Real Estate Continues to Show Unprecedented Strength This Year | MyKCM

The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis ...

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Oct. 13, 2020

Down Payment for Less Than 20%

Do You Have Enough Money Saved for a Down Payment?

Do You Have Enough Money Saved for a Down Payment? | MyKCM

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks ...

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Sept. 16, 2020

The Real Estate Market Continues to Rise

Real Estate Market Sales Continue to Climb Year Over Year

 

The Surging Real Estate Market Continues to Climb

The Surging Real Estate Market Continues to Climb | MyKCM

Earlier this year, realtor.com announced the release of the Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages ...

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