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Do You Know What Your House Is Really Worth?
Some HighlightsOver the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think. Nationally, prices are up nearly 60% since 2019. And, if selling has been on your mind, you can use that...
New Research Shows Housing Is Affordable For First-Time Buyers
Home prices have been on the rise for the last seven years, leading many housing market analysts to conclude that first-time homebuyers are being shut out of the market due to affordability concerns. The National Association of Realtors (NAR) reports on the percentage...
A Lack of Inventory Continues to Impact the Housing Market
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue to...
A Tale of Two Markets [INFOGRAPHIC]
Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to...
Mainstream Concerns about an Economic Slowdown Revisited
Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to...
The Benefits of a 20% Down Payment
If you are in the market to buy a home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is that...
Home Buyers are Optimistic About Homeownership!
When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no...
Why Access Is One of the Most Important Factors in Getting Your House Sold!
So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top...
The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]
Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (27.7%) vs. the percentage needed to buy a median-priced home (17.5%), the choice...


![A Tale of Two Markets [INFOGRAPHIC]](https://michaellux.com/wp-content/uploads/2019/05/20190510-Share-KCM-571x300-400x250.jpg)




![The Cost of Renting vs. Buying This Spring [INFOGRAPHIC]](https://michaellux.com/wp-content/uploads/2019/05/20190503-Share-KCM-571x300-400x250.jpg)