How To Pick Your Lender

by Dean Hartman and the KCM Blog In the whirl wind that surrounds the home buying and mortgage process, how can a consumer be sure that they are working with the right lender? I mean there are so many choices…here’s some things to consider: What type of company is it? There are mortgage brokers, mortgage […]

Home Sales: Investors Are About to Return

by The KCM Crew on September 20, 2011 Sales in the housing industry have remained stagnant over the last several months. Though certain categories of purchasers have remained stable and even increased, the number of cash buyers and investors has dramatically decreased. Researchers from Capital Economics recently reported: “The firm has found that since January, […]

Market Update for September 20, 2011

With the Labor Day slowdown in the mix for the current round of numbers, new listings were down 21.2 percent compared to the 12.9 percent average decline over the past three months. At 1,248 new homes, that now marks 14 consecutive weeks of year-over-year declines in new listings. Inventory levels were also down 21.2 percent […]

How to Hang Art at the Right Height

This is an article written by an interior designer I wanted to share with you? Art should be hung at Eye Level. But, whose eye level? A simple rule of thumb is to place the centerpoint of the art at approximately 60″ above the floor. From there you can adjust accordingly to the height of […]

Twin Cities Market Update 9.13.11

With some September data in the mix, seller activity showed a continuation of its intermediate-term holding pattern, with 14.3 percent fewer listings than the same week in 2010. The 1,313 new listings were more or less on pace with their 3-month 12.0 percent average decline. Similarly, buyer activity continued to post large gains over the […]

A wonderful experience!

Kerby and I had the opportunity to help our friends, Dan and Jen, purchase their first home. We had a great personal consultation at our office, going over their questionnaire and discussing their needs, priorities and desires for the home. After setting them up on a pesonalized home search, we did the rounds and checked […]

Housing Trend Patterns Continue

We are now up to 14 consecutive weeks of accelerating inventory attrition. Let’s go out on a limb and call this a pattern. For the current period, the number of active listings was down 20.6 percent to 24,047 properties. That’s the largest inventory decline in nearly eight years. The metric is now back around first-quarter […]

Average Delinquency+Foreclosure at 599 Days

The average mortgage loan in foreclosure has been delinquent for 599 days, according to Lender Processing Services (LPS). That’s a record for the company’s regular monthly study on mortgage performance trends. At the end of July, LPS counted 2.2 million loans in foreclosure and nearly 1.9 million that were over 90 days past due but […]