Lancaster County Blogger

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Real Estate Agent - KW Elite
West Lampeter resident and Lancaster County Realtor.
Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure. Homes priced between $100-2...
Inadequate Inventory Driving Prices Up The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices. We are all familiar with the concept of supply and demand. As the demand for an item increases ...
Here’s to a Wonderful 2017!We hope 2017 is a great year for you, both personally & professionally.     All signs point to 2017 as being a very good year for eal estate .   Mortgage rates will be below 5%  and there are still many buyers   who are hoping to find a new home in 2017 , Sellers will a...
Top 5 Reasons You Should Not For Sale By Owner In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea ...
5 Reasons to Resolve to Hire a Real Estate Professional [INFOGRAPHIC] Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick...
Start 2017 Off Right… List Your House for Sale As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s m...
Homeowner’s Net Worth Is 45x Greater Than A Renter’s Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 ti...
Existing Home Sales Surge Through The Holidays [INFOGRAPHIC] Some Highlights: November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).” Total...
The Fed Raised Rates: What Does that Mean for Housing? You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future? Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the po...
Student Loans = Higher Credit Scores According to a recent analysis by CoreLogic, Millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans. This may come as a surprise, as there is so much talk about student loans burdening...

Michael J. Perry

Lancaster, PA Relo Specialist
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