Woman of the Year Finalist: Business Journal Honors Michael

Why tear down a perfectly good mansion? Because you can.

No Housing Bubble in Sight

Making History

Sarasota ranks in the top 25 best places to retire in 2015 by Money Magazine

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 [...]

Where Are Prices Headed In The Next 5 Years?

by The KCM Crew on May 19, 2015

Earlier this week, the National Association of Realtors (NAR) released their latest quarterly report. The report covered three important aspects of the housing market:

1. Buyer Demand
2. Supply of Housing Inventory
3. Single Family Residential Prices

Today, we want to break down the highlights of the report along with several quotes from Lawrence Yun, the Chief Economist at NAR. [...]

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is that bank appraisal. If prices are jumping, it is difficult for appraisers [...]