KA Management Group

05/12/2024

Enjoy this day! To all Mothers, Grandmothers, Aunties, and any woman raising a child. 🙏🏾❤️💕🎉🎊🙌🏾🙌🏾🙌🏾🎈🤗

08/23/2022

Housing Market Predictions 2022: When Will Prices Drop?

Natalie Campisi
Forbes Advisor Staff
Rachel Witkowski
Editor
Reviewed By https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
Updated: Jul 29, 2022, 2:15am
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Housing Market Predictions 2022: When Will Prices Drop?
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Home prices have continued to surge despite higher mortgage rates and an increase in housing supply—factors that typically put downward pressure on home prices. But the numbers still show the market is quite resilient, and costly.

In June, the national median listing price for single-family homes was $450,000, up 16.9% from the same time last year and more than 31% from June 2020, according to Realtor.com. With homes nearing half a million dollars, buyers are beginning to pull out of the market. Mortgage applications dropped to the lowest level at the end of June, marking the biggest slump in 22 years, according to the Mortgage Bankers Association (MBA).

The current change in the housing market is partly due to the economy at large and consumer sentiment. And right now, the economy is on shifting sands—on one hand, there are signs of a weakening economy as the gross domestic product (GDP) has declined for two consecutive quarters, which some economists say indicates a recession. But on the other hand, the job market and consumer spending is still strong.

The MBA hasn’t included a recession in their baseline forecast, but they say it’s a “coin flip at this point,” estimating a roughly 50% chance of the U.S. entering a recession over the next 12 months.

Home prices have continued to surge despite higher mortgage rates and an increase in housing supply—factors that typically put downward pressure on home prices. But the numbers still show the market is quite resilient, and costly. In June, the national median listing price for single-family homes

04/21/2022

Not surprised!

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12/17/2021

We know what you're thinking, "I don't want to sell my house. It's too much work and there are a lot of scams out there."

You've come to the right place! We can help sell your home quickly
at a fair price. If you're looking for an investment property, we also have real estate experts that will find the perfect deal for your needs.

We’ve been in the business for almost 20 years in varying capacities. We’ve got a lot of legal experience in real estate with access to thousands of potential buyers and sellers throughout North America.

KA Management Group offers professional services at affordable prices. Let us show you how easy selling or buying can be!
Call 1-844-332-0440 today! 🥰🙏

12/16/2021

Foreclosure, probate, and divorce are stressful processes that leave sellers in a difficult situation. If you’re selling your home in these situations, it can be hard to know where to start or how much money you should expect from the sale of your property. This is why we created KA Management Group. We help homeowners sell under difficult circumstances by providing creative selling strategies and real estate education.

Our team works with each seller individually to ensure they get the best offer possible for their house, while also keeping things simple so you don’t have to worry about any extra stress during this difficult time in your life. By working directly with buyers on our end, we can make sure all offers are accepted quickly and efficiently without any back-and-forth negotiations between yourself and potential buyers!

Want to learn more? DM or comment below to connect with our team.

12/10/2021

“You will be defined not just by what you achieve, but by how you survive.”―Sheryl Sandberg.

KA Management Group, LLC was conceived from a desire to help property owners in distress. We service the tri-state area of Maryland, Washington, DC, and Virginia. My name is Lakecia, I'm the CEO, and I have 18 years of experience as a real estate paralegal and a realtor. I have earned the respect of my clients by working tirelessly on their behalf and by always offering them honest advice.

KAMG consists of both property marketing experts, real estate agents, and other administrative support and affiliates. We pride ourselves on our professionalism and problem-solving. I am blessed to have such a great team. Our clients deserve the full service and attention that only a team of experts can consistently provide. I like to win (for my clients) but do so with a calm demeanor and a smile.