Huntsville Interest Rates Are Rising

The Fed announced six interest rate hikes in 2022. The question is what will rate hikes mean to the Huntsville real estate market and are we going to see a real estate crash this year? Before we answer that, let’s recap on what created this historic sellers market with both record low inventory and record appreciation.

The Cause

#1 - Housing Deficit

We have a 5.5 million home deficit in this country that dates back to the 2008 housing crash. Builders slowed down the supply of new homes in this country but we continued to have family formations which created that 5.5 million home gap.

Due to this deficit, we now have record low supply of about 800,000 homes nationally. Normal supply is…

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What's Happening in Huntsville
April 22nd - 24th, 2022

Huntsville Comic & Pop Culture Expo

When: Friday, April 22nd through Sunday, April 24th 

Where: Von Braun Center South Hall in Huntsville

Cost: Tickets Required

The Huntsville Comic & Pop Culture Expo is Alabama's largest celebration of ALL THINGS GEEK! The 7th year of this family friendly event will have 100+ Vendors, Cosplay Contests, Gaming Rooms, Celebrity Guests and Much more!

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Concerts on the Dock

When: 6PM - 9PM | Friday, April 22nd 

Where: Lowe Mill ARTS & Entertainment in Huntsville

Cost: FREE

It's the first of 'Concerts on the Dock' of 2022 to kick off the weekend! Enjoy the stylings of Alabama based Sylvia Rose…

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Should America become a 'Nation of Renters'?

When you think of the American dream, what do you think of? If you're like most people, it's owning your home with a white picket fence. Okay, maybe not the white picket fence anymore.

Bloomberg published an article recently by Karl Smith that our Nation's becoming a ‘Nation of Renters’, which unfortunately I believe is the case. The article said, “America actually should become a nation of renters”; which I think is absolutely preposterous. Let's take a look at some of those arguments and why it is so ridiculous:


#1 - Lack of Liquidity


They pointed to the lack of liquidity in the housing market which sometimes makes it challenging to migrate to new areas. While this is true in some…

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The 3 Different Types of Real Estate Markets

Matt explains how it can be a lot like of Tug of War

Balanced Market

A balanced market is when real estate supply equals demand.

Buyer's Market

A buyer's market is when supply exceeds demand, this is typically when there is six months worth of real estate inventory.

Seller's Market

A seller's market is when demand exceeds supply, this is typically when there is less than four months of real estate supply.

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Mortgage Contingency Clause Explained

The Mortgage Contingency Clause makes the real estate purchase contingent upon the buyer getting a specific loan. The type of loan could be a conventional loan, USDA, FHA, or a VA loan. The contingency is typically written towards the top of the contract: what loan, what loan type, and then also the amount on the loan itself. There are certain types of loans that make it more advantageous to the seller and so that is part of the negotiation packages.

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What's Happening in Huntsville
April 15th - 17th, 2022

Huntsville Eggstravaganza

When: 9AM - 11AM | Saturday, April 16th 

Where: John Hunt Park in Huntsville

Cost: FREE

This inaugural Eggstravaganza at John Hunt Park in Huntsville will feature free egg hunts, designed for children ages 2-12, with City crews hiding more than 10,000 eggs. The Easter Bunny will hop on by for appearances and Food Trucks will be present during the event. 

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Madison Easter Eggstravaganza

When: 9AM - 11AM | Saturday, April 16th 

Where: Dublin Park in Madison

Cost: FREE

Three egg hunts will take place at Dublin Park in Madison on Saturday, April 16th. The first two egg hunts will be at Soccer Field 1; kids 1-5 years…

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Types of Home Loans & Why They Matter

USDA Loan

A USDA loan offers 100% financing with 0% down. This type of loan is used to encourage home ownership in rural areas. Qualification is similar to other home loan programs as based on household income. Unlike other programs, a USDA loan has population requirements for eligible properties. One downside of this type of loan is the underwriting process.

USDA loans get underwritten twice, once by FHA and then the other by USDA requirements. The closing time for this type of loan is longer and typically falls between 45 to 60 days. Because of this, these loans can sometimes put a buyer at a competitive disadvantage when there are multiple offers on a given property.

FHA Loan

With an FHA…

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Solved! 3 Obstacles to Selling Your Home

The Problem

A lot of home sellers have been hesitant to put a ‘For Sale’ sign up in the fear of what's on the other side of selling, and that is buying a new home. It's no secret that lack of inventory in the Huntsville real estate market has kept a lot of home sellers on the sidelines.

This is a direct result of sellers being fearful that they will have to make a double move and will potentially have to rent an apartment if they are unable to secure a new home after theirs sells. We've heard horror stories from sellers who sold their home quickly but were unable to find their next home because their agent did not advise them on creating a winning strategy on how to buy and sell at the same…

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Real Estate Voted the Best Investment Eight Years in a Row

Real Estate Voted the Best Investment Eight Years in a Row | MyKCM


If you’re thinking about purchasing a home this year, this poll should reassure you. Even when inflation is rising like it is today, Americans agree an investment like real estate truly shines.

In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term investment (see graph below):

Why Is Real Estate a Great Investment During Times of High Inflation?

With inflation reaching its highest level in 40 years, it’s more important than ever to understand the financial…

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The Difference Between Renting and Owning 

The Difference Between Renting and Owning [INFOGRAPHIC] | MyKCM

Some Highlights

  • If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
  • As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan.
  • If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership.

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