There was a surge in new home sales last May, based on information from the United States Commerce Department. This is great news for Gig Harbor real estate . According to real estate analysts, new, single family home sales rose by 4.6 percent.
Economists have been expecting that the market would dwindle because of rising mortgage rates and were stunned by the rise. Only a moderate slowdown is predicted despite the fact that the mortgage rates are expected to continue to rise over the next few months. There hasn't been a better time to buy a great Gig Harbor home .
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