Blog

New Home Sales Soar to Six-Year High in May

Categories: Uncategorized | Posted: June 26, 2014

Sales of new U.S. single-family homes jumped to a six-year high in May, the latest indication the housing market was starting to dig out of a recent soft patch.

The Commerce Department said on Tuesday sales surged 18.6 percent to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May 2008, while the increase was the biggest since January 1992.

April's sales pace was revised down to 425,000 units from a previously reported 433,000 units.

Mortgage Rates: 2 Simple Charts Prove That Now Is an Exceptional Time to Buy a Home

Categories: Uncategorized | Posted: June 24, 2014

If you're wondering whether this summer is a smart time to buy a home, then let me cut to the chase. Thanks to still-historically low mortgage rates, housing may never again be as affordable as it is right now.

At present, the interest rate on a 30-year fixed rate mortgage is 4.19%. That's the cheapest they've been all year, and they even recently dipped below half the long-run average of 8.52%.

A historic opportunity for homebuyers
Just to be clear, mortgage rates like this are not only extremely low; they're also phenomenally rare.

New iPad app lets DIY painters experiment with patterns, colors

Categories: Uncategorized | Posted: June 23, 2014

Dreaming up creative, do-it-yourself painting projects for your home — or wanting to replicate ideas you saw on Pinterest or elsewhere — is one thing. Actually doing them with not-horrible results? Another thing entirely.

Housing starts rise 13.2% in April

Categories: Uncategorized | Posted: May 28, 2014

Home building surged in April as warmer weather helped builders break ground on new homes at the fastest pace this year.

Housing starts rose to a seasonally adjusted annual rate of 1.07 million, up from 947,000 in March, the Census Bureau said Friday.

Economists had predicted a rate of 980,000, according to the median forecast in Action Economics' survey.

The gains came largely from multi-family construction, where starts rose almost 40% from March. Single-family starts were up 0.8% to a annual rate of 649,000.

10 Things to Do With Your Kids This Summer

Categories: Uncategorized | Posted: May 28, 2014

Welcome to summer, parents and teachers…WE MADE IT. Hallelujah, and cheers! The children have been educated another year, and we all deserve prizes. Somewhere left of a rigorous schedule that kills joy but right of unstructured anarchy is my zip code.  In no order, here are 10 things to do with your kids this summer.

Moving Up? Do it Now! ( by KCM Blog)

Categories: Uncategorized | Posted: May 27, 2014

 A recent study revealed that the number of existing home owners planning to buy a home this year is about to increase dramatically. Some are moving up, some are downsizing and others are making a lateral move. Another study shows that over 75% of these buyers will, in fact, be in that first category: a move-up buyer. We want to address this group of buyers in today’s blog post. There is no way for us to predict the future but we can look at what happened over the last year.

Home Owners Say They Want More Colorful Interiors

Categories: Uncategorized | Posted: May 21, 2014

Home owners aren’t shying away from using more color in their homes. Nearly two-in-three home owners say they would like to add color in their home, particularly in the living and family room, followed by bedroom and bathroom, according to the National Home Design and Color Survey by Sherwin-Williams, a survey of 1,450 home owners.

Seventy-five percent of the home owners surveyed say they believe a room or area needs paint.

What’s more, one in five home owners say they prefer a colorful paint palette, such as rich and dark or bold and bright.

Celebrity design expert offers moving advice

Categories: Uncategorized | Posted: May 13, 2014

Moving brings great opportunities in the form of careers, social connections and new beginnings. However, the act of moving can create unnecessary stress. About 35 percent of Americans move every five years, according to the U.S. Census Bureau, which results in many people who are looking to simplify the process and turn their new house into a home.

Celebrity design expert and ADT spokesperson Sabrina Soto has the expert moving advice to make your house a home: 

Banks make it easier to get a mortgage

Categories: Uncategorized | Posted: May 3, 2014

As the economic recovery continues to materialize, banks are loosening the credit spigots, making it easier for consumers to obtain home loans.

 As the economic recovery continues to materialize, banks are loosening the credit spigots, making it easier for consumers to obtain mortgages.

 Lenders typically look for mortgage applicants with enough income to cover monthly payments, a substantial down payment and a FICO score above a certain threshold, among other factors. 

Home Values Expected to be more Expensive than ever within a year

Categories: Uncategorized | Posted: April 23, 2014

Home Values in More Than 1,000 U.S. Cities Expected to Be More Expensive than Ever Within the Next Year

Affordability Problems Could Spread as Interest Rates Rise

-U.S. home values climbed 5.7 percent year-over year in the first quarter, National home values have climbed year-over-year for 21 consecutive months.