Grand Valley Happenings

How an Expert Can Help You Understand Inflation & Mortgage Rates

By KCM Team
Posted by Shanna Shepherd on October 05, 2022 in  uncategorized
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home. While the Federal Reserve is working hard to lower inflatio... read more

Watching the Stock Market? Check the Value of Your Home for Good News.

By KCM Team
Posted by Shanna Shepherd on September 27, 2022 in  uncategorized
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works. Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the ... read more

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

By KCM Team
Posted by Shanna Shepherd on September 20, 2022 in  uncategorized
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is... read more

Expert Forecasts on Mortgage Rates

By KCM Crew
Posted by Shanna Shepherd on September 13, 2022 in  uncategorized
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing mark... read more

How Owning a Home Builds Your Net Worth

By KCM Team
Posted by Shanna Shepherd on September 07, 2022 in  uncategorized
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward homeownership. Owning a Home Is a Key Ingredient for Financial Suc... read more
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