Sales Trends for August 2019

Here’s some good information regarding sales trends for Shasta County; stats are from August 2019


Posted on September 25, 2019 at 5:16 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for July 2019

Here’s some good information regarding sales trends for Shasta County; stats are from July 2019

 


Posted on August 23, 2019 at 4:52 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for June 2019

Here’s some good information regarding sales trends for Shasta County; stats are from June 2019

 


Posted on July 24, 2019 at 11:29 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for May 2019

Here’s some good information regarding sales trends for Shasta County; stats are from May 2019


Posted on June 21, 2019 at 10:32 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for April 2019

Here’s some good information regarding sales trends for Shasta County; stats are from April 2019


Posted on May 23, 2019 at 11:40 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for March 2019

Here’s some good information regarding sales trends for Shasta County; stats are from March 2019


Posted on April 19, 2019 at 6:18 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for February 2019

Here’s some good information regarding sales trends for Shasta County; stats are from February 2019

 


Posted on March 21, 2019 at 5:40 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for January 2019

Here’s some good information regarding sales trends for Shasta County; stats are from January 2019

 


Posted on February 21, 2019 at 5:38 pm
Rachael DeBord | Posted in Uncategorized |

Sales Trends for December 2018

Here’s some good information regarding sales trends for Shasta County; stats are from December 2018


Posted on January 22, 2019 at 12:24 am
Rachael DeBord | Posted in Uncategorized |

Wage Increases Make Home Buying More Affordable

Wage Increases Make Home Buying More Affordable | MyKCM

Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages.

How much a family earns obviously impacts how easy or difficult it is for them to afford to own a home. Because of an improving economy, wages are finally beginning to increase – and that dramatically affects home affordability.

According to the National Association of Realtors’ (NAR) September 2018 Housing Affordability Index, wages have increased in every region of the country:

Wage Increases Make Home Buying More Affordable | MyKCM

After applying current salaries, home prices, and mortgage rates to their Home Affordability Index equation, the index, though still lower than this time last year (160.1 to 146.7), increased over the last month (141.2 to 146.7). For the complete methodology used by NAR, click here.

The percentage of income needed to own a home has also decreased each of the last three months. It currently sits at 17% which is substantially lower than historic numbers.

Wage Increases Make Home Buying More Affordable | MyKCM

Bottom Line

If you are a first-time buyer or a move-up buyer who believes that purchasing a home is not within your budget, let’s get together to determine if that is still true.


Posted on December 31, 2018 at 12:00 am
Rachael DeBord | Posted in Uncategorized |

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