The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Family Wealth | Simplifying The Market

The Importance of Home Equity in Building Wealth

Wednesday January 6th, 2021Wednesday January 6th, 2021 KCM Crew 5 Comments

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: (more…)

Turning a House into a Happy Home

Thursday December 24th, 2020Monday December 14th, 2020 KCM Crew 7 Comments

We talk a lot about why it makes financial sense to buy a home, but more often than not, we’re drawn to the emotional reasons for homeownership. (more…)

The Difference a Year Makes for Homeownership

Tuesday December 22nd, 2020Friday December 18th, 2020 KCM Crew 6 Comments

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. (more…)

Homeownership Is a Key to Building Wealth

Tuesday November 10th, 2020Monday November 9th, 2020 KCM Crew 7 Comments

For years, real estate has been considered the best investment you can make. A major reason for this is due to the net worth a household gains through homeownership. In fact, according to the 2019 Survey of Consumer Finance Data from the Federal Reserve, for the average homeowner: (more…)

Rent vs. Buy: How to Decide What’s Best for You

Tuesday November 3rd, 2020Tuesday November 3rd, 2020 KCM Crew 12 Comments

According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches each dollar a little bit further. (more…)

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s

Wednesday October 7th, 2020Tuesday October 6th, 2020 KCM Crew 5 Comments

One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s market. (more…)

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

Friday August 28th, 2020Thursday August 27th, 2020 KCM Crew 5 Comments

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How Is Remote Work Changing Homebuyer Needs?

Thursday August 6th, 2020Wednesday August 5th, 2020 KCM Crew 5 Comments

With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? Would making a move to the suburbs make more sense for my family? All of these questions are on the table for many Americans as we ride the wave of the current health crisis and consider evolving homeownership needs. (more…)