Don Hess KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.com activerain.com/dfh Should Boomers Buy or Rent after Selling? In a recent CNBC article, it was reported that many baby boomers are selling their current homes and moving into rentals, rather than purchasing another home. “Between 2009 and 2015, the number of renters aged 55 or above rose 28 percent, while those aged 34 or younger only increased 3 percent… Meanwhile, more than 5 million baby boomers across the nation are expected to rent their next home by 2020, according to a 2016 analysis from Freddie Mac.” This makes sense … (2 comments)
Don Hess KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.co m activerain.com/dfh Sales at Highest Pace in 10 Years! [INFOGRAPHIC] Highlights: 45 million existing homes were sold in 2016! This is the highest mark set since 2006. Inventory of existing homes for sale dropped to a 3.6-month supply, the lowest level since NAR began tracking in 1999. The median price of homes sold in December was $232,200. This is the 58th consecutive month of … (2 comments)
If you're a "Boomer" like me and want to down size, call me!
Don Hess KW Elite Keller Williams Realty 1280 Plaza Blvd. Lancaster, PA 17601 717-553-2500 Office 717-715-6288 Mobile 717-786-7967 Direct donhess39@gmail.com Top 3 Things Second-Wave Baby Boomers Look for in a Home According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs. John McManus, editorial director of Hanley Wood’s Residential Group says his company “is focusing on the … (2 comments)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com 5 Stats that Prove the Real Estate Market is Getting Stronger Whenever there is talk about an improving housing market, some begin to show concern that we may be headed toward another housing bubble that will be followed by a crash similar to the one we saw last decade. Here are five data points that show the housing market will continue to recover, and that a new housing crisis is not about to take shape. 1) Mortgage availability is increasing, but is … (3 comments)
From September 1, 2015 to August 31, 2016: The volume of homes on market is down 800 homes. Median SOLD price: September 1, 2015 $170,000 August 31, 2016 $187,500. Average Days on Market: September 1, 2015 = 62 August 31, 2016 = 50
We need more homes in our market to meet the needs of Buyers. If you're a seller It's a good time to list your property. If you're a Buyer the interest rates are low.
Call me!
Source: Keystone Multiple Listing Service (Lancaster County, PA is a major market in Keystone)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, … (2 comments)
Contact me for more information! Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com New Home Sales Up 25.4% Last Month! According to the latest Census Bureau Report, sales of newly constructed homes soared to new heights in June to a seasonally adjusted rate of 592,000. This marks the highest annual rate in 8 years. Trulia’s Chief Economist, Ralph McLaughlin had this to say: “New home sales jumped sharply in June, and marked the best month since February 2008. … (1 comments)
Don Hess Keller Williams Realty of Central PA East 930 Red Rose Court Lancaster, PA 17601 717 553-2500 office 717 715-6288 mobile 717 786-7967 direct donhess39@gmail.com … (2 comments)
trends: Lancaster County Pennsylvania, who are we?
- 01/25/16 03:12 AM
There is a pamphlet assembled by "Places 2040" in cooperation with the Lancaster County Planning Commission and the Lancaster County Association of Realtors. It is titled "Lancaster County a Changing Place, 2000 - 2015." The Report contains vital information to be used in planning for the year 2040. You can down load the entire pamphlet at places2040.com. Below is a sampling of information from the pamphlet.
* Total population of Lancaster County 534,130 as of 2015
* Pennsylvania's rate of growth as of 2015 was 4.2%
* Lancaster County's rate of growth matched that of the nation as a whole at 13.5%
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