Are Lower Priced Homes Appreciating in Lancaster, PA ?

Reblogger Don Hess
Real Estate Agent with KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 AB067316
http://actvra.in/52nh

  

 

 Check out the article I've attached. This is great news for

those that have purchased a home within the last few years.

For those considering a move, now is the time. 

 

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 
activerain.com/dfh
Original content by Michael J. Perry

Which Homes Have Appreciated the Most?

Which Homes Have Appreciated the Most? | MyKCM

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

The CoreLogic report broke down appreciation even further into four different price categories:

  1. Lower Priced Homes: priced at 75% or less of the median
  2. Low-to-Middle Priced Homes: priced between 75-100% of the median
  3. Middle-to-Moderate Priced Homes: priced between 100-125% of the median
  4. High Price Homes: priced greater than 125% of the median

Here is how each category did in 2016:

Which Homes Have Appreciated the Most? | MyKCM

Bottom Line

The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.

Buyers, Real Estate will be appreciating greatly over the next 5 years !
 

 

Michael J. Perry

KELLER WILLIAMS Elite

www.lancaster4sale.com  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Pennsylvania Lancaster County Quarryville
Groups:
Chester County, PA
Southern York County
Berks County PA Homes for sale and info
South Central Pennsylvania Realtors
Lancaster PA Real Estate
Tags:
housing market
appreciation
value
appreciate
higher
real estate
lancaster county pa
homes
priced
lower
quarryville pennsylvania

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Rainmaker
2,464,781
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great title and I am sure you will get many clicks on your post!

Mar 20, 2017 07:44 AM #1
Rainmaker
1,559,167
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Supply is very limited and Demand continues to swell !!!!!!!!!!!!!!!!!!

Mar 20, 2017 05:05 PM #2
Rainmaker
129,260
Diana White-Pettis
Exit Bennett Realty - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Thanks for the reblog.  Very interesting post!

Mar 22, 2017 07:24 AM #3
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Rainmaker
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Don Hess

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