Market Update

April 28, 2022

Why This Housing Market Is Not a Bubble Ready To Pop

Why This Housing Market Is Not a Bubble Ready To Pop

Why This Housing Market Is Not a Bubble Ready To Pop | MyKCM

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream.

Prior to the 1950s, less ...

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Posted in Market Update
March 22, 2022

The Average Homeowner Gained More Than $55K in Equity over the Past Year

The Average Homeowner Gained More Than $55K in Equity over the Past Year
The Average Homeowner Gained More Than $55K in Equity over the Past Year
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you ...
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Posted in Market Update
July 8, 2020

Q: What’s Driving Our Long Beach Housing Market?

We’re in a seller’s market here in Long Beach. 

 

As we make our way through the summer of 2020, our low interest rates and a lack of available homes are driving our Long Beach market. 

 

In the Long Beach area, the average home price is approximately ...

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Posted in Market Update