Page 10 - Klahanie March April 2019 Issue

The Klahanie

Real Estate The real estate market in Klahanie, as
well as the surrounding communities,
saw a shift in the 2nd half of 2018. For
Are the last six months Outlook the first time in seven years we saw
a predictor of the future? by Linda Head home prices decline. We also have
seen an increase in homes for sale,
Marketplace Sotheby’s resulting in a lengthening timeframe
between a home coming on the

market and receiving an offer.
There are many reasons being
offered up as to why the market
corrected. Increasing interest rates
in the middle of 2018; declining
affordability, lower overall demand

H OM E P R IC E I N C R E A S E 00 , 000 A map of recent Klahanie home sales
$ 8

24
HOME PRICE DECREASE , 2 1 1
$ 7

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