From our friends at the kcm blog
Let’s be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind.
Here’s the full picture of what’s happening and why. The good – and the bad. So, you know what it truly means for your move. Because while rates are certainly a big part of affordability, they’re not the only factor at play.
Mortgage Rates Have Been Rising
After a year or more of rates trending down, they’ve started to climb again. And, if you’re looking to buy, that’s not what you...
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Homes.com|By Caroline Broderick
Mike Carson of Inspired Closets Chicago sees rising demand as clutter grows
Key takeaways
Mike Carson of Inspired Closets Chicago has been in the organization business for almost 40 years and sees the industry expanding.
Whole-home organization is growing in demand as more consumers accumulate items.
Homeowners with custom closets are drawn to specialty lighting and two-tone cabinets.
Mike Carson is president of Inspired Closets Chicago and has been in the organization business for nearly 40 years. (Inspired Closets Chicago)
The closet organization industry is in its teenage years and growing, as Michael Carson, president of Inspired Closets Chicago, describes it. “We’re on the upswing right now with awareness,”...
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From our friends at the kcm blog
You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate.
Here’s the thing. He’s not wrong. But he only has half the story. And the half he’s missing? It changes everything.
Spoiler: homeowners are on stronger footing than the headlines suggest, and the housing market has more going for it than most people realize.
The Headline Number Is Real, But It’s Missing Context
Yes, according to the Federal Reserve, there is currently about $14 trillion in mortgage debt in the United States....
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From our friends at the kcm blog
When you put your house on the market, you don’t just want it to sell. You want it to sell fast. But the thing is, nationally, it’s taking a little longer to sell lately. And that slowdown can feel frustrating if you want a fast process. Here’s what you need to realize.
In every market right now, there’s one clear exception:
Well-priced, well-presented homes are still selling, and it’s often faster than you’d expect.
If you can tap into that, you can still set yourself up to move quickly, too. Here’s how to get it done.
How Long It Takes To Sell Today
According to Realtor.com, homes are...
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By The Jenn Pfeiffer Team | Source: Single-Family Rental Trends and Their Geography by Nadia Evangelou
The story of American housing is always shifting, and one of the more interesting subplots right now is happening inside the single-family rental market. Over the past decade, the U.S. added roughly 10.7 million single-family homes. During that same stretch, the number of those homes used as rentals actually fell, from 15.2 million to 14.4 million. The share of single-family homes operating as rentals has slipped from about one in five to closer to one in six.
It's a meaningful shift, even if it's a quiet one. And like most housing trends, it...
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