Buyers

Nov. 2, 2021

The Choice of New vs Resale | Which is Right?

Alexandria VA homebuyers are facing a huge dilemma right now... there simply aren’t enough homes for sale.1

Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is ...

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Posted in Buyers
Feb. 22, 2021

Where Have All the Houses Gone in Alexandria VA?

Where Have All the Houses Gone in Alexandria VA?
Local Area Housing Shortage Continues

Where Have All the Houses Gone? | MyKCM

Across the Northern Virginia region, we've seen the median days on market remain below 10 for the past 12 months.  In Alexandria, buyers saw a little bit of relief in the last quarter of ...

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Posted in Buyers, Sellers
Feb. 3, 2021

Do I Really Need a 20% Down Payment to Buy a Home In Alexandria VA?

Do I Really Need a 20% Down Payment to Buy a Home In Alexandria VA?

Do I Really Need a 20% Down Payment to Buy a Home? | MyKCM

Is the idea of saving for a down payment holding you back from buying a home in Alexandria VA right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of ...

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Posted in Buyers
Jan. 27, 2021

Buy A Home Alexandria VA | What’s the Difference between an Appraisal and a Home Inspection?

What’s the Difference between an Appraisal and a Home Inspection?

What’s the Difference between an Appraisal and a Home Inspection? | MyKCM

If you’re planning to buy a home in Alexandria VA, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by ...

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Posted in Buyers
Jan. 19, 2021

Should I Wait for Lower Mortgage Interest Rates Before Buying A Home in Alexandria VA

Should I Wait for Lower Mortgage Interest Rates
Before Buying a Home in Alexandria VA?

Should I Wait for Lower Mortgage Interest Rates? | MyKCM

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now ...

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Posted in Buyers
Jan. 12, 2021

Ready To Buy in Alexandria VA | 4 Reasons People Are Buying Homes in 2021

Ready To Buy in Alexandria VA | 4 Reasons People Are Buying Homes in 2021

4 Reasons People Are Buying Homes in 2021 | MyKCM

In 2020, the Alexandria VA real estate market took a pause in March and April, when the coronavirus pandemic hit and the lockdown was issued.  But people got resilient, and came back with force, paving ...

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Posted in Buyers
Jan. 2, 2021

New Year, New Home? Set Homeownership Goals Whether You’re Buying, Selling, or Staying Put

The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some ...

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Posted in Buyers
Dec. 29, 2020

Multi-Generational Homes Alexandria VA | More Generations Are Living Under One Roof This Year

More Generations Are Living Under One Roof This Year
Alexandria VA Home Buying

More Generations Are Living under One Roof This Year | MyKCM

This year challenged us to reprioritize everything - from the way we use our time to where we work, how we socialize and gather together, and our needs at home. For many, this also meant making decisions about ...

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Posted in Buyers
Dec. 20, 2020

Buying A Home In Alexandria VA | Winter 2021 Home Buyer Guide Is Here

No doubt that 2020 was one heck of a year for real estate.  We went through a lockdown, sheltering in place, more working from home, virtual schooling, and protective measures to slow down the spread of the coronavirus.  2020 forced people to actually LIVE in their homes, and ...

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Posted in Buyers
Oct. 27, 2020

Buy A Home Alexandria VA | How Down Payment Assistance Open The Door to Homeownership

How Down Payment Assistance Opens the Door to Homeownership
for Alexandria VA First Time Buyers

 

How Down Payment Assistance Opens the Door to Homeownership | MyKCM

Many people are eager to buy a home right now while affordability continues to be a highlight of the current housing market. However, a recent survey by Sparks Research shows that 20% of first-time homebuyers cite ...

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Posted in Buyers