Husky Homes Blog - Blog Archive: June, 2021

5 Things Homebuyers Need To Know When Making an Offer

5 Things Homebuyers Need To Know When Making an Offer | MyKCM

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re ready to make an offer.

1. Know Your Numbers

Having a complete understanding of your budget and how much house you can afford is essential. That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process. Taking this step shows sellers you’re a serious, qualified buyer and can give you a competitive edge in a bidding…

368 Views, 0 Comments

Homeowner Wealth Increases Through Growing Equity This Year

Waunakee Neighborhood

Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making monthly mortgage payments:

“The principal portion that reduces the loan balance builds the homeowner’s equity. In doing so, the principal payments behave like an automatic savings account. The principal payment is not money going out; it is money staying in.”

But home equity – the difference between the value of…

492 Views, 0 Comments

What’s Motivating People To Move Right Now?

What’s Motivating People To Move Right Now? | MyKCM

This year, Americans are moving for a variety of reasons. The health crisis has truly reshaped our lifestyles and our needs. Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces.

According to the 2020 Annual National Movers Study:

“For customers who cited COVID-19 as an influence on their move in 2020, the top reasons associated with COVID-19 were concerns for personal and family health and wellbeing (60%); desires to be closer to family (59%); 57% moved due to changes in employment status or work arrangement (including the ability to work remotely); and 53% desired a lifestyle…

593 Views, 0 Comments

What do Rising Prices Mean to You as a Homeowner?


With home prices continuing to rise at an exponential rate throughout 2021, homeowners are realizing an unexpected financial boost to their equity positions. Real estate holdings, whether as your primary residence, a vacation home or non-owner-occupied investment property, are excellent tools to help grow your net worth and build you and your family’s wealth over time. A home’s equity is often forgotten about as you routinely make your mortgage payments every month, but the gap between what you owe and what your home is worth has dramatically increased with the rising home prices over the past few years, and it can be helpful to know exactly where you are sitting!

Your net worth is the net balance…

362 Views, 0 Comments

3 Things To Prioritize When Selling Your House

3 Things To Prioritize When Selling Your House | MyKCM

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.

1. Price Your House Right

When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your house for the right price will maximize the number of…

304 Views, 0 Comments

6 Reasons to Celebrate National Homeownership Month

6 Reasons to Celebrate National Homeownership Month | MyKCM

Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years.

As National Homeownership Month kicks off this June, homeowners have every reason to celebrate. A survey by Gallup just ranked real estate as the best investment you can make for the eighth year in a row. However, unlike other investment options, the benefits of owning a home aren’t purely financial. Here are the top ways Americans are winning by owning a home.

537 Views, 0 Comments