5 REASONS TO BUY BEFORE SPRING

Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying. Read More. Article Provided by the KCM Blog.

#1 Reason You Should Sell Now

The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. Read More. Article Provided by the KCM Blg.

Interest Rates will Increase Significantly

Most experts are calling for an increase in mortgage interest rates in 2014. However, we believe the increase will be more dramatic than is being projected. We believe rates will be closer to 6% than 5% byyear’s end. Read More. Article Provided by the KCM Blog.

End of the year Market Stats

On the Supply and Demand chart, you can see that the Tri-County area below $500,000, there is more demand than supply, with generally a 3-4 month absorption rate.  For example, Mt. Pleasant has more demand for homes below $700,000 than there are active listings for, with a 2-3 month absorption rate for those. Provided by Debbie Poplin.

Coming Soon REOs

View our list of REO properties that will be coming onto the market in the near future Here.