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  • Median existing home price rises to $184,300

    The median existing home price rose by 11.2% year-over-year to reach $184,300 Existing home sales are reported by the National Association of Realtors once a month. The seasonally adjusted number reports completed transactions in single-family... Read More

  • 5 Tips for First-Time Home Buyers

    Buying a first home can be a scary, confusing and stressful process. Many would-be buyers are understandably nervous at the prospect of making the largest purchase of their lives. Rather than diving in and hoping for the best, you should prepare... Read More

  • 3 Financial Reasons to Buy a Home NOW! (Part III)

    This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part III – Rents Are Skyrocketing Whether... Read More

  • 3 Financial Reasons to Buy a Home NOW! (Part II)

    This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising at an accelerated rate, interest rates are increasing and rents are skyrocketing. Part II – Interest Rates Are Increasing A... Read More

  • 3 Financial Reasons to Buy a Home NOW! (Part I)

    This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising at an accelerated rate, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part I – Prices Are... Read More

  • Money Magazine: The Real Estate Market is Back

    Here is the cover of the latest edition of Money Magazine released this past weekend. The magazine supported their case by explaining:  In the last year, home prices increased in 92 of the country’s 100 largest metropolitan... Read More

  • Homeownership: The Reports of Its Death

    Mark Twain and homeownership are both iconic pieces of the American experience. And like what happened to Twain in 1897, recent reports of homeownership’s death have been greatly exaggerated. Ever since the housing bubble burst, many so-called... Read More

  • Is Home Ownership a Good FINANCIAL Decision?

    Many have reported on Robert Shiller’s recent comments on the investment aspect of homeownership. Shiller, a Yale professor and co-founder of the Case-Shiller Home Price Index, is famous for making provocative comments on house prices and the... Read More

  • Housing Prices: When will 2006 Values Return?

    There is a lot of optimism regarding house prices. The most recent Home Price Expectation Survey projects a 3% -3.5% increase in values for each of the next 5 years. We concur that most parts of the country will see varying levels of appreciation... Read More

  • Inventory: Only Challenge to the Real Estate Recovery

    The real estate market is in the midst of a major comeback. Sales are greater than any time since 2007. Consumer confidence is increasing. Economists are now saying housing is the major tailwind to our nation’s overall economic... Read More

  • Ten Tips About Mortgages and Refinancing in 2013

    If you've been sitting on the sidelines, waiting for the best time to refinance or get a mortgage to buy a home, think of 2013 as your last chance to act. With good credit, persistence and some shopping skills, you can still snag phenomenal deals... Read More

  • Homeownership as an Investment

    In Real Estate: Today’s Golden Opportunity we compared the current housing market to the market for gold about a decade ago. Some commented on the fact that you can’t compare gold to real estate as an investment as gold is a very... Read More

  • Was 2012 a Better Year For Real Estate Than 2011?

    There are still those questioning whether the housing market is truly making a comeback. We have decided to graph home sales over the last two years based on the National Association of Realtor‘s Pending Home Sales Report. We believe the... Read More

  • Wallick & Volk Mortgage Recognized By Phoenix Business Journal as one of the Best Places to Work in Phoenix

    Wallick & Volk Mortgage has been named by the Phoenix Business Journal as one of the “Best Places to Work” in Phoenix.  The Phoenix Business Journal, in cooperation with Quantum Workplace, surveyed Valley employees about... Read More

  • Where Are Mortgage Rates Headed?

    We are often asked where we think mortgage rates are headed over the next year. The best people we can go to on this issue are the people who deal with it on a daily basis – The Mortgage Bankers Association (MBA). Here is what was reported by... Read More