June Newsletter
Katie's Monthly Message
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KG Realty Active Listings
Stay Tuned for New Listings Coming Soon!
June Home Maintenance Tips
Exciting May for KG Realty!
Mortgage rates are predicted to come down:
According to chief economist Danielle Hale, mortgage rates are predicted to stabilize before dropping later this year. We could see rates as low as 4-5% by the end of this year.
Homeownership still too expensive for most Americans:
Even with the mortgage rates coming down, many Americans are still struggling with being able to afford purchasing a home. With the cost of inflation, it has been more challenging for buyers to save up a down payment.
Inventory:
Not only are homes sitting longer on the market, the number of available homes for sale is continuing to decline for the 43rd straight week. Many sellers are reluctant to put their homes on the market in fear of being trapped in a 'rate lock.' A rate lock forces sellers to trade in a lower interest rate for a much higher one.
Halibut Tacos with Citrus Coleslaw
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