Explore Lancaster, PA

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5
The Great News About Rising Prices for Homeowners Recently there has been a lot of talk about home prices and if they are accelerating too quickly. As we mentioned before, in some areas of the country, seller supply (homes for sale) cannot keep up with the number of buyers out looking for a home,...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
First Comes Love… Then Comes Mortgage? According to the National Association of REALTORS most recent Profile of Home Buyers & Sellers, married couples once again dominated the first-time homebuyer statistics in 2016 at 58% of all buyers. It is no surprise that having two incomes to save for down ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
3 Questions to Ask If You Want to Buy Your Dream Home If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the r...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
The Impact of Homeownership on Educational Achievement The National Association of Realtors recently released a study titled 'Social Benefits of Homeownership and Stable Housing.’ The study confirmed a long-standing belief of most Americans: “Owning a home embodies the promise of individual auton...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Listing in the Winter Attracts More Serious Buyers A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quick...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
5 Reasons to Love Using A RE Pro [INFOGRAPHIC] Highlights: Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make! They are there for you to help with paperwork, explaining the process, negotiations, and ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Homeownership Offers Stability & Wealth Creation The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable a...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Buyers Are Searching For Your House The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1....

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5
Lack of Homes for Sale Slowing Down the Housing Market The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up. Home sales are up. Distressed sales (foreclosures and short sales) have fallen dramatically. It se...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Daydreaming About Your Perfect Home? Know What You WANT vs. What You NEED In this day and age of being able to shop for anything anywhere, it is really important to know what you’re looking for when you start your home search. If you’ve been thinking about buying a home of your own for some time ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 6
5 Reasons Homeowners Throw Better Super Bowl Parties! [INFOGRAPHIC] Highlights: Watching the Big Game at home with your friends & family offers many advantages. There’s more room to entertain a large crowd, and you don’t have to worry about complaints to your landlord if you cheer too loudly! The...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Buyer Demand Is Outpacing the Supply of Homes for Sale The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
No Matter What the Groundhog Says, Here are 5 Reasons to Sell Before Spring! Is spring closer than we think? Depending on which groundhog you listen to today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is t...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Thinking of Making an Offer? 4 Tips for Success So you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market that you want to make sure you make a good offer so that you can guarantee your dream of making this ho...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
What to Expect From Your Home Inspection So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. More often than not, your agent may have made your offer contingent on a clean home inspection. This contingency allows you to renegotiate the pri...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
2 Myths That May Be Holding Back Buyers Fannie Mae’s article, “What Consumers (Don’t) Know About Mortgage Qualification Criteria,” revealed that “only 5 to 16 percent of respondents know the correct ranges for key mortgage qualification criteria.” Myth #1: “I Need a 20% Down Payment” Fannie Mae’s...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Thinking of Selling? Why Now is the Time It is common knowledge that a large number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. The ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5
Buying a Home is More Affordable Than Renting in 66% of US Counties According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed. The report found that “making monthly house payments on a median-pr...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
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 ...

Lancaster, PA Real Estate Professionals