Lancaster County Blogger

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Real Estate Agent - KW Elite
West Lampeter resident and Lancaster County Realtor.

ARCHIVED BLOG POSTS

2016 

Americans Believe Real Estate is Best Long-Term Investment According to Bankrate’s latest Financial Security Index Poll, Americans who have money to set aside for the next 10 years would rather invest in real estate than any other type of investment. Bankrate asked Americans to answer the followi...
07/30/2016
Home Sales Accelerate During The “Dog Days of Summer” [INFOGRAPHIC] Some Highlights: Existing home sales have accelerated to the highest pace since February 2007 at an annual pace of 5.57 million. Inventory of homes for sale remains below the historically normal 6-month mark at a 4.6-month supply...
07/28/2016
The Top Reason to List Your House For Sale Now! If you are debating listing your house for sale this year, here is the #1 reason not to wait!  Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commente...
07/27/2016
Brexit 1 Month Later: The Impact on Mortgage Rates Just over a month ago, the United Kingdom decided to withdraw from the European Union in a decision commonly known as Brexit. At that time there was a lot of speculation on how that decision would impact the U.S. residential mortgage market. Toda...
07/25/2016
New Home Buyers Look For Green Options [INFOGRAPHIC]   Some Highlights: 11% of new homebuyers stated "energy efficient features" as the reason for their purchase. The most popular remodeling projects done for energy efficiency were insulation upgrades, HVAC replacements, and vinyl & wood window i...
07/23/2016
Slaying Myths About Home Buying [INFOGRAPHIC] Some Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall. Your first step is to obtain Mortgage Pre- Ap...
07/22/2016
Baby Boomers Are On the Move According to a Merrill Lynch study, “an estimated 4.2 million retirees moved into a new home last year alone.” Two-thirds of retirees say that they are likely to move at least once during retirement. As one participant in the study stated: “In retirement, you have the...
07/21/2016
Rents Skyrocket at Highest Rate in almost a Decade The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain sin...
07/19/2016
A 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...
07/19/2016
3 Questions Every Buyer Should Ask Themselves 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 real esta...
07/17/2016
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Michael J. Perry

Lancaster, PA Relo Specialist
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