Do You Know How Much Equity You Have in Your Home?

Do You Know How Much Equity You Have in Your Home? | MyKCM

CoreLogic’s latest Equity Report revealed that 91,000 properties regained equity in the first quarter of 2017. This is great news for the country, as 48.2 million of all mortgaged properties are now in a positive equity situation.

Price Appreciation = Good News for Homeowners

Frank Nothaft, CoreLogic’s Chief Economist, explains:

One million borrowers achieved positive equity over the last year, which means risk continues to steadily decline as a result of increasing home prices.”

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Mortgage Interest Rates Reverse Course in 2017

Mortgage Interest Rates Reverse Course in 2017 | MyKCM

To start the year, housing experts all agreed on one thing: 2017 was going to be the year we would see mortgage interest rates begin to rise. After years of historically low rates, and an improving economy, the question wasn’t if they would increase but instead how much they would increase. Some thought we could see rates hit 5-5.5% by the end of the year.

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How’s the Real Estate Market? Find Out What the Experts Are Saying

How's the Real Estate Market? Find Out What the Experts Are Saying | MyKCM

As we head into summer, it is a great time to review how the 2017 real estate market is doing so far. Here is what the experts are saying:

Doug Duncan, Fannie Mae Chief Economist

“Positive demographic factors should continue to reshape the housing market, as rising employment and incomes appear to be positively influencing millennial homeownership rates.”

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More Americans Chose to Own a Home Than Rent in Q1

More Americans Chose to Own a Home Than Rent in Q1 | MyKCM

According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households.

Of the 1.22 million new households that were formed in the first quarter, 854,000 were new-owner households making the jump straight to homeownership rather than renting first.

That means that the homeownership rate amongst new households was 70%!

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2017 AT&T Byron Nelson – Get Tickets & Stop By Our Listing!

2017 AT&T Byron Nelson Championship

Byron Nelson Championship

Photo courtesy of Mark Humphries Photography

The AT&T Byron Nelson is one of North Texas’ biggest sports attractions and most anticipated social events of the spring. Hosted by Salesmanship Club of Dallas, the tournament has been a premier PGA TOUR event for over 45 years. Defending champion and newly-crowned Masters champion Sergio Garcia will be joined by some of the best golfers on the planet in the four-day tournament, including Jordan Spieth, Dustin Johnson, Jason Day, and many more.

The AT&T Byron Nelson has raised more than $150 million since its inception in 1968, making it the most financially successful charity event on the PGA TOUR. All proceeds benefit Momentous Institute, the nonprofit operated by the Salesmanship Club for over 95 years. The organization serves 6,000 kids and family members directly each year through mental health and education programs, as well as research and training.


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Mother’s Day Giveaway!!

Mother’s Day is Just Around the Corner

Haven’t gotten her a gift yet? Look no further! We’re having a special Mother’s Day giveaway of one of the New Summer collection, Kendra Scott earrings!  Mom will be thanking you as she walks into Summer ahead of the trend!

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Giveaway begins NOW, May 9th and will end THURSDAY, May 11th at 8:00 PM.  We’ll take note of everyone who follows these steps and we’ll pick a winner on Friday, May 12th!  Good luck!


Thinking of Selling? Now Is the Time to Act

Thinking of Selling? Now Is the Time to Act | MyKCM

If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.

Jonathan Smoke, Chief Economist at realtor.com, revealed in a recent article that:

“The biggest challenge to buyers this spring will be simply finding a home to buy and getting it successfully under contract. That’s because the supply of homes for sale is at an all-time low, and yet demand is strong and getting stronger.”

Smoke goes on to say:

“We started the year with the lowest inventory of homes available for sale that we’ve ever seen on realtor.com. While we did see inventory grow 2% in February, total inventory was down 11% over last year.”

In this type of market, a seller may hold a major negotiating advantage when it comes to price and other aspects of the real estate transaction including the inspection, appraisal and financing contingencies.

Bottom Line

As a potential seller, you are in the driver’s seat right now. It might be time to hit the gas.  Visit WhatsMyHomeValue.info and learn more today!


New Price in University Park!

$100,000 Reduction in the Fairway

4 Beds | 4.2 Baths | 3 Living | Gameroom | Pool

Sophisticated and tech savvy home for the most discerning buyer in University Park.  Inviting entertaining spaces filled with natural light and hardwood floors.  Enjoy the walls of windows, elegant library, wine room, chef’s kitchen, abundant storage, and covered patios.  The largest of the 3 covered patios features an outdoor fireplace & grill over looking the manicured landscaping around the pool & spa.  Ideal for the modern family, technology meets convenience with the Leviton home automation system making it the most efficient way to run your household, while you relax!

Call Brandon Hawkins today for a private showing before it’s too late!

3808 Bryn Mawr  | $2,095,000

Touchstone Hawkins Name Treatment

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Brandon Hawkins


The Importance of Using a Professional to Sell Your Home

The Importance of Using a Professional to Sell Your Home | MyKCM

When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most important result is actually getting their homes sold. In order to accomplish all three goals, a seller should realize the importance of using a real estate professional.

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B Magazine – Something You’ll Flip Over


It is the best-looking and reading magazine around, in my opinion. We were able to get some top contributors, such as the great writers Skip Hollandsworth and Lee Cullum plus amazing photographers including Fredrik Broden, Stephen Karlisch and Nan Coulter. (Wait till you see Nan’s photos of Charlotte Jones Anderson in her new office at The Star, the Dallas Cowboys’ new HQ complex in Frisco. Wow.)
On our cover and starring in a very smart fashion story is the one and only Chandra North, the Dallas-born supermodel who has been the face of Chanel, Missoni, Givenchy and Shiseido — and on the covers of Vogue and Harper’s Bazaar.
Our beautiful B will be inside subscriber copies of The Wall Street Journal tomorrow, and will be wrapped with select copies of Modern Luxury Dallas and 360 West. We’re also mailing it directly to affluent households and delivering it to the private-jet terminals in the region. It is getting into the right hands.
– Robbie Briggs, CEO, Briggs Freeman Sotheby’s International Realty

Touchstone Hawkins Group