Husky Homes Blog - Blog Archive: October, 2022

Should You Still Buy a Home with the Latest News About Inflation?

Should You Still Buy a Home with the Latest News About Inflation? | MyKCM

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession.

You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb. The pinch it’s creating on your wallet and the looming economic uncertainty may leave you wondering: “should I still buy a home right now?” If that question is top of mind for you, here’s what you need to know.

Homeownership Is Historically a Great Hedge Against Inflation

In an inflationary economy, prices rise across the…

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How To Prep Your House for Sale This Fall

How To Prep Your House for Sale This Fall | MyKCM

Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring in the greatest return on your investment.

Here are a few simple tips to make sure you maximize the sale of your house this fall.

1. Price It Right

One of the first things buyers will notice is the price of your house. That’s because the price sends a message to home shoppers. Pricing your house too high to begin with could put you at a disadvantage by discouraging buyers from making an…

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The Cost of Waiting for Mortgage Rates To Go Down

The Cost of Waiting for Mortgage Rates To Go Down | MyKCM

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

The Impact of Rising Mortgage Rates

As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here’s how it works.

Let’s assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500). If you’re trying to shop at that price point and keep your monthly payment about $2,500-2,600…

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Join Alison, Solveig and Anna Wise from UWCU for a "First Time Sellers" happy hour on Wednesday, November 2 at 6:00pm where we'll answer all your burning questions about selling for the first time! "first time sellers." This will be a casual conversation for questions and answers to help you get started and plan for your sale & move! Here are some of the tips & questions we'll be discussing:

1) Start early. When you're selling your home and buying a new home at the same time, you need to make a plan for timing - what time of year do you want to move? When are you going to get the most money for your home? What fixes or upgrades do you need to make before selling? When you start planning early - at least 6 months before…

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HomeConsultation

Simply put, your home equity is the calculation of your mortgages owed subtracted from the current value of your home. You can determine the approximate mortgage payoff amount yourself by reviewing the loan balance on your monthly mortgage statement(s), but it isn’t as straight-forward for you to determine the current market value of your property.

In today’s rapidly changing and complex real estate market, the current market value of your property may be different month over month, and if an appraisal were to be ordered to determine an exact value, it would only represent the snapshot in time that the report was created – an appraisal ordered a few weeks later may bring a different valuation due to subjectivity with other selected comparable sales…

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