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Real Estate News and Tips

Why Home Office Space Is More Desirable Than Ever

by Mike Jones

Why Home Office Space Is More Desirable Than Ever | MyKCM

For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices.

In a recent article by George RatiuSenior Economist with realtor.com, he notes how listings with an office are selling quickly:

“As more companies have been embracing remote work, buyers are driving demand for houses with home offices higher. Homes featuring the

Why the Housing Market Is a Powerful Economic Driver

by Mike Jones

Why the Housing Market Is a Powerful Economic Driver | MyKCM

With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can have a major impact on the recovery of the U.S. economy. As we’ve mentioned before, buying a home is a driving financial force in this process. Today, many analysts believe one of the first things we’ll be able to safely bring back is the home building sector, creating more jobs and impacting local neighborhoods in a big way.

Buying a Home Right Now: Easy? No. Smart? Yes.

by Mike Jones

Buying a Home Right Now: Easy? No. Smart? Yes. | MyKCM

Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed:

“The March ShowingTime Showing Index® recorded the first nationwide drop in showing traffic in eight months as communities responded to COVID-19. Early April data show signs of

What Impact Might COVID-19 Have on Home Values?

by Mike Jones

What Impact Might COVID-19 Have on Home Values?

What Impact Might COVID-19 Have on Home Values? | MyKCM

A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy.

The price of any item, however, is determined by supply and demand, which is how many items are available in relation to how many consumers want to buy that item.

In residential real estate, the measurement used

Uncertainty Abounds in the Search for Economic Recovery Timetable

by Mike Jones

Uncertainty Abounds in the Search for Economic Recovery Timetable

Uncertainty Abounds in the Search for Economic Recovery Timetable | MyKCM

Recovery will be different for different parts of the country. I’m here to help you with your purchase or selling decisions on the Emerald Coast.

Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation.

In addition, we noted how there are some in the business community who

Will This Economic Crisis Have a V, U, or L-Shaped Recovery?

by Mike Jones

Will This Economic Crisis Have a V, U, or L-Shaped Recovery? | MyKCM

Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are deciding on the best strategy to slowly and safely reopen, the big question is: how long will it take the economy to fully recover?

Let’s look at the possibilities. Here are the three types of recoveries that follow most economic slowdowns (the definitions are from the financial glossary at Market Business News):

  • V-shaped recovery:

Video Can Help Sell Your Home

by Mike Jones

Please watch this wonderful video I just had made for my client. Please share if you know of anyone looking to move; interested in living on the Emerald Coast or is looking for a realtor that does what is best for his client! Click here to learn more. https://bit.ly/3d3tLdf

334 Carson Oaks Lane Santa Rosa Beach

Please watch this wonderful video I just had made for my client. Please share if you know of anyone looking to move; interested in

Why the Stock Market Correction Probably Won’t Impact Home Values

by Mike Jones

Why the Stock Market Correction Probably Won’t Impact Home Values | MyKCM

With the housing crash of 2006-2008 still visible in the rear-view mirror, many are concerned the current correction in the stock market is a sign that home values are also about to tumble. What’s taking place today, however, is nothing like what happened the last time. The S&P 500 did fall by over fifty percent from October 2007 to March 2009, and home values did depreciate in 2007, 2008, and 2009 – but that was because that economic slowdown was

Real Estate Is Soaring, But Not Like 2008

by Mike Jones

Real Estate Is Soaring, But Not Like 2008 | MyKCM

I know right now real estate may be the last thing on you mind but I wanted to share this post with to hopeful show things are going to get better. Please stay positive and we will all get through this together.

Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage MonitorBlack Knight proclaimed:

“The housing market is heating entering 2020 and recent rate declines could continue that

by Mike Jones

Are You Thinking About Selling Your House Soon?

Selling Your Home eGuide

It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone.

You may be wondering if prices are projected to rise or fall…or how much competition you may be facing in your market. My free eGuide will answer many of your questions and likely bring up a few things you haven’t even