Homeownership Could Be in Reach with Down Payment Assistance Programs | MyKCM

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home.

If you feel the same way, the good news is there are many down payment assistance programs available that can help you achieve your homeownership goals. The key is understanding where to look and learning what options are available. Here’s some information that can help you.

You Can Qualify Even if You’ve Purchased a Home Before

There are several misconceptions about down payment assistance programs. For starters, many people believe there’s only assistance available for first-time homebuyers. While…

59 Views, 0 Comments


If You’re Selling Your House This Summer, Hiring a Pro Is Critical | MyKCM

It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional.

Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.

Here are five key reasons why working with a real estate professional makes sense today.

1. A PROFESSIONAL FOLLOWS THE LATEST MARKET TRENDS

With higher mortgage rates, rising home prices, and a growing number of homes for sale, today’s housing market is showing…

21 Views, 0 Comments


A Key Opportunity for Homebuyers | MyKCM

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point.

As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, Chief Economist for realtor.com, explains:

New listings–a measure of sellers putting homes up for sale–were up 6% above one year ago. Home sellers in many markets across the country continue to benefit from rising home prices and fast-selling homes. That’s prompted a growing…

20 Views, 0 Comments

Two Reasons Why Today’s Housing Market Isn’t a Bubble | MyKCM

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below):

As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the following reasons why this isn’t like 2008:

  • The recent growth in home prices is because of demographics and low inventory
  • Credit risks are low because underwriting and lending…

20 Views, 0 Comments

Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC] | MyKCM



Some Highlights

  • When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional.
  • To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition.
  • Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find the perfect price for your house.

THINKING OF SELLING AND/OR MOVING TO BROOKINGS, VOLGA, OR ANY SURROUNDING AREAS? GOT QUESTIONS? I’M HERE TO HELP! VISIT BROOKINGSHOMETEAM.COM FOR MORE DETAILS!

23 Views, 0 Comments

OPEN HOUSE, July 23, Saturday 10:00 AM - 11:30 AM

AND July 23, Saturday 1-2:30pm

2756 Lake Shore Dr, Volga, SD
Get Directions Click Here
Description Features Photos Maps & Local Schools Virtual Tour Walk Score
$ Click for current price
4 BEDROOMS
3 BATHROOMS (1 full, 2 ¾ bath)
3268 Square Feet

BEAUTIFUL LAKE HOME with 134' of lake frontage. This year-round home features over 3,200 square feet of finished living space with 4 bedrooms, 3 bathrooms, 6 panel doors, composite deck, new shingles and so much more! The kitchen has custom…

22 Views, 0 Comments

Homeownership Is a Great Hedge Against the Impact of Rising Inflation | MyKCM



If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):

“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.”

With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases you have planned to ensure they’re still worthwhile.

If you’ve been…

26 Views, 0 Comments


Two Reasons Why Today’s Housing Market Isn’t a Bubble

Two Reasons Why Today’s Housing Market Isn’t a Bubble | MyKCM

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below):

As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the following reasons why this isn’t like 2008:

  • The recent growth in home prices is because of demographics and low…

23 Views, 0 Comments

Things To Avoid After Applying for a Home Loan | MyKCM



Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan.

Don’t Deposit Large Sums of Cash

Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer.

Don’t Make Any Large Purchases

It’s not just home-related purchases that could disqualify you from your loan. Any large purchases can be red flags for lenders. People with new debt have higher…

24 Views, 0 Comments

2218 16th Ave S, Brookings, SD

Get Directions Click Here OPEN HOUSE Thu, 5:00 PM to 6:30 PM Get Updated Eflyer
  • Property Video
  • Virtual Walking Tour
  • Description
  • Photos
  • Real Estate Reports for Home Owners, Sellers & Buyers!
  • Maps & Local
  • More

$ Click for current price
5 BEDROOMS | 2 full, 1 ¾ baths BATHROOMS | 2706 SqFt

Check out this well maintained split foyer home with over 2,700 sq. ft. of living space that features 5 bedrooms (3 on the main level) and 3 bathrooms. The open floor plan with vaulted ceilings gives you plenty of space for entertaining. The kitchen has a two-tiered center island, walk-in pantry and tiled back splash. Family room has a patio door to the fenced backyard. Plenty of room in the 3 stall…

23 Views, 0 Comments