Sellers Are Ready To Enter the Housing Market | MyKCM

One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight.

The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, indicates:

Consumer positivity regarding home-selling conditions nearly matched its all-time high.” (See graph below):

Fannie…

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Americans See Real Estate as a Better Investment Than Stocks or Gold | MyKCM

Last month, in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. Last week, a Gallup Poll reaffirmed those findings.

In an article on the current real estate market, Gallup reports:

“Gallup usually finds that Americans regard real estate as the best long-term investment among several options -- seeing it as superior to stocks, gold, savings accounts and bonds. This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second.”

Here’s the breakdown:The article goes on to say:

“The 41% choosing real estate is the highest selecting any of the…

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Your House Could Be the Oasis in an Inventory Desert | MyKCM

Homebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here’s how the shortage of houses for sale sets yours up to be the oasis in an inventory desert.

According to the National Association of Realtors (NAR), today’s housing inventory sits at an incredibly low 2.1-month supply, far below the 6-month mark for a neutral market. Inventory of single-family homes a year ago was already very low, and as you can see in the graph below, this year’s levels are even lower:Due to these market…

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Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the non-financial and personal benefits with even higher value.

Recently, two national surveys revealed the reasons homeownership is such an important part of life. The top three personal benefits of homeownership noted by respondents in Unison’s 2021 report on The State of the American Homeowner are:

  • 91% – feel secure, stable, or successful owning a home
  • 70% – feel emotionally attached to the homes that have kept them safe over the past year
  • 51% – call homeownership…

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 These figures are from the Summit MLS system, the primary MLS for this part of Park County and shows only information on cabin/home sales in South Park. (Zip codes 80456,80432,80440,80420).

Jefferson Real Estate also utilizes the Front Range MLS system, RE Colorado.  This more than doubles the exposure for your listing.  If you're considering selling your cabin or home and taking advantage of this sellers market then give us a call!

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 The History of May Day

Throughout the years and decades, there have been different meanings, festivities, and representations of May Day. The meaning of seasonal change has been the most significant one amongst different countries.

May Day is one of the four ancient Celtic cross-quarter days, making it an astronomical holiday as it falls between the March equinox and June solstice. Originating from its Celtic name, “Belthane,” Beltane was a spring celebration that included dancing, singing, special bonfires, and house doors and animals would be decorated with yellow May flowers and ribbons. During this time, in various communities in Ireland, people would visit special wells and the Bethane dew was believed to bring beauty and…

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