![Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2021/06/20210618-KCM-Share-549x300-1.png)
by David Floyd | Jun 19, 2021 | First Time Home Buyers, For Buyers, Infographics, Pricing, Rent vs. Buy
Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked...
by David Floyd | Jun 19, 2021 | First Time Home Buyers, For Buyers, Pricing, Rent vs. Buy
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices...
by David Floyd | Jun 19, 2021 | For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths
We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do...
by David Floyd | Jun 16, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates...
by David Floyd | Jun 16, 2021 | For Buyers, For Sellers, Housing Market Updates
In a normal market, it’s good to have an experienced guide coaching you through the process of buying or selling a home. That person can advise you on important things like pricing your home correctly or the first steps to take when you’re ready to buy. However, the...
![Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]](http://davidmfloyd.com/wp-content/uploads/2021/06/20210611-KCM-Share-549x300-1.png)
by David Floyd | Jun 12, 2021 | For Buyers, For Sellers, Infographics, Interest Rates, Move-Up Buyers, Pricing
Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and...
by David Floyd | Jun 12, 2021 | For Buyers, For Sellers, Housing Market Updates
During the Great Recession, just over a decade ago, the financial systems the world depended on started to collapse. It created a panic that drove some large companies out of business (ex. Lehman Brothers) and many more into bankruptcy. The financial crisis that...
by David Floyd | Jun 12, 2021 | For Buyers, For Sellers, Housing Market Updates, Pricing
Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong...
by David Floyd | Jun 8, 2021 | Buying Myths, For Buyers, Pricing
For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing...
by David Floyd | Jun 8, 2021 | For Sellers, Luxury Market, Pricing, Selling Myths
When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities...
