Newsletter | August 2023
I want to thank EVERYONE who was able to make it to KG Realty's Official Grand Opening. It was so special to have my family, friends and clients come and see everything I have been working so hard on over the last year.
You all mean so much to me, and I’m grateful to have you in my world!
-Katie
CURRENT LISTINGS
Freeland Cottages
5449 S. Freeland Avenue
#2, #3, #4
Cottage #2 | PENDING IN 5 DAYS!
Cottage #3 | PENDING IN 2 WEEKS!
Cottage #4 | PENDING IN 2 WEEKS!
20912 114th Place SE #20 | Kent
4463 HONEYMOON BAY ROAD | GREENBANK
1 Bed | 1 Bath | Luxury Studio | Build Site Ready for Main Home
2.10 Acre Lot | High Bank Waterfront | Private Beach & Tidelands
4189 Campbell Road | Clinton
Madrona Landing | Clinton
6441 Humphrey Road Units 1, 2, 4
6610 Heggeness Road | Clinton
Inspect Washing Machine
Prune Dead Wood
Clear Gutters
Deal with Insects
Clean Natural Stone
Prep your Furnace
Courtesy of Realtor.com
Home prices are on a slow decline.
Prices are expected to decline 0.6% overall this year.
For the week ending on July 1, the median listing price was down 0.3% from last year, and marked the fourth week of declines.
In a response to affordability concerns, builders are ramping up construction and providing more homes priced below $300,000.
Inventory continues to be lower than last year, and homes are spending more time on the market.
For the last 52 weeks, the number of newly listed homes for sale has been lower than one year ago. For the week ending on July 1, new listings were down by 21%.
The total number of active inventory is expected to decline for 2023 as a whole, with active inventory down 2% at the beginning of July.
According to Realtor.com, 1 in 7 homeowners are choosing not to sell this year due to high mortgage rates, and 4 in 5 home shoppers are reluctant to lose their existing low-rate mortgage.
Homes continue to spend more time on the market compared to last year, with time on market up 13 extra days at the beginning of July.
To learn more and get insight on your local housing market, reach out to Katie anytime!
Courtesy of Realtor.com
It's blueberry season and these easy and delicious blueberry bars are the perfect end to a Summer day!
Check out the full recipe on our blog courtesy of Pioneer Woman
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