My Blog

Predictions for 2014: Supply Will Struggle to Keep Up with Demand

January 7, 2014 11:00 am

1.7 Blog VisualWith a dramatic increase in demand for housing expected this year, it will be up to real estate professionals and builders to make sure there is the necessary inventory to satisfy this demand. This will be a challenge for much of 2014. For a balanced real estate market, there should be approximately 5-6 months of inventory for sale (example: if 100 homes sold last month, we would need 500-600 homes available for sale). Nationally, we are just now hitting the five month level. As the spring selling season begins to heat up, a new wave of housing inventory would have to come to market to keep up with the increasing demand of buyers. If we couple this seasonal increase with the other dynamics that will increase demand for housing in 2014, we believe that housing inventory could drop substantially. This, in our opinion, is the biggest threat to a full blown surge in sales this year.

Predictions for 2014: Sales Will Surge

January 6, 2014 11:00 am

1.6 Blog VisualMany housing pundits are calling for home sales to do slightly better in 2014 than they did in 2013. To the contrary, we strongly believe that home sales will skyrocket with increases of 10-15% in 2014. Here are the three categories of buyers we believe will create this strong demand.

The First Time Buyer

The Urban Land Institute recently released a report, Emerging Trends in Real Estate 2014, projecting that 4.48 million new households will be formed over the next three years. Millennials will make up a large portion of these new households. With the economy improving, we believe they will finally be moving out of their parents’ homes and, when they compare renting versus buying, many will choose homeownership.

The Move-Up Buyer


NAR's Exisiting Home Sales Report [INFOGRAPHIC]

January 3, 2014 11:00 am

1.3 InfoGraphic

Is selling one of your new year resolutions? Here are a few tips to get ahead of the competition.

January 2, 2014 12:14 pm

Is selling one of your new year resolutions? Here are a few tips to get ahead of the competition 2014 is here, and the new year for many of us comes accompanied by a number of goals to accomplish. Let me ask you, is selling your home or moving part of your 2014 resolutions? If so, don't delay and wait for the Spring to get here! There are plenty of little projects around your house that can help you get started adding some curb-appeal to your home. (Read More)

KCM’s Housing Predictions for 2014

January 2, 2014 10:57 am

2014 PredictionsMaking predictions in what is still a somewhat volatile housing market can be tricky. That being said, we are going to give you what we believe will be the five biggest headlines for housing in 2014.

Home Sales Will Surge

Many housing pundits are calling for home sales to do slightly better in 2014 than they did in 2013. To the contrary, we strongly believe that home sales will skyrocket with increases of 10-15% in 2014.

Supply Will Struggle to Keep Up with Demand