Explore Lancaster County, PA

View all cities

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5
Don’t Let Your Luck Run Out ! Some Highlights: The “Cost of Waiting to Buy” is defined as the additional funds it would take to buy a home if prices and interest rates were to increase over a period of time. Freddie Mac predicts that interest rates will increase to 4.8% by this time next year, wh...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
Which Homes Have Appreciated the Most? 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 In...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
A Tale of Two Markets: Inventory Mismatch Paints a More Detailed Picture The inventory of existing homes for sale in today’s market was recently reported to be at a 3.6-month supply according to the National Association of Realtors latest Existing Home Sales Report. Inventory is now 7.1% lower th...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Mortgage Interest Rates Went Up Again… Should I Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased over the last several weeks. Freddie Mac, along with Fannie Mae, the Mortgage Bankers Association and the National Association of Realtors, is calling for mortgage rate...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
How to Get the Most Money When Selling Your Home Every homeowner wants to make sure they get the best price when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW  ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 10
     Most real estate agents clearly know that Print Media is dead ! It's almost impossible to find anyoneunder age 50 who is reading a newspaper ! Additionally Today's Mobile App World wouldn't dreamof grabbing a Homes Magazine to conduct a through Property Search ! It's also clear that the Inte...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Builder Confidence Hits 11-Year High In many areas of the country, there are not enough homes for sale to satisfy the number of buyers looking to purchase their dream homes. Experts have long proposed that a ramp-up in new, single-family home construction would be one of the many ways to overcome...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 7
Spring Forward: The Difference An Hour Makes Some Highlights: Don’t forget to set your clocks forward this Sunday, March 12th at 2:00 AM EST in observance of Daylight Savings Time. Unless of course, you are a resident of Arizona or Hawaii! Every hour in the United States: 649 homes are sold, 177 ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Housing Market Expected to “Spring Forward” Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market. Many po...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Thinking of Selling? Do it TODAY!! That headline might be a little aggressive. However, as the data on the 2017 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME! The February numbers are not in yet, but the January num...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
The Connection Between Home Prices & Family Wealth Over the next five years, home prices are expected to appreciate 3.22% per year on average and to grow by 17.3% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their eq...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Where Did Americans Move in 2016? Some Highlights: For the 5th year in a row, the Northeast saw a concentration of “High Outbound” activity. For the first time ever, South Dakota held the top spot for “High Inbound” states. Much of America’s outbound activity can be attributed to Boomers relocati...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Mortgage Rates Impact on 2017 Home Values There is no doubt that historically low mortgage interest rates were a major impetus to housing recovery over the last several years. However, many industry experts are showing concern about the possible effect that the rising rates will have moving forwa...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Over Half of All Buyers Are Surprised by Closing Costs According to a recent survey conducted by ClosingCorp, over half of all homebuyers are surprised by the closing costs required to obtain their mortgage. After surveying 1,000 first-time and repeat homebuyers, the results revealed that 17% of ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
How Long Do Most Families Stay in Their Home? The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
Where Are the Home Prices Heading in the Next 5 Years? Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real est...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Existing Home Sales Reach Highest Mark Since 2007 Highlights: Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million. January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900. ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
The Impact of Homeownership on Family Health 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 autonomy and is...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Are You 1 of the 59 Million Planning to Buy This Year? According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017. The su...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Access: A Key Component in Getting Your House SOLD! So, you’ve decided to sell your house. You’ve hired a real estate professional to help you with the entire process, and they have asked you what level of access you want to provide to potential buyers. There are four elements to a quality listin...

Lancaster County, PA Real Estate Professionals