Lancaster County Blogger

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

ARCHIVED BLOG POSTS

2016 

How Scary is the Housing Affordability Index? Some industry pundits are saying that the housing market may be heading for a slowdown. One of the data points they use is the falling numbers of the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here is how N...
08/30/2016
Housing Market Slowing Down? Don’t Tell Builders! Many experts have been calling upon home builders to ramp up construction to help with the lack of existing inventory for sale. For the past two months, new home sales have surged, with July’s total coming in at the highest since October 2007. The...
08/29/2016
2 Myths About Mortgages That May Be Holding Back Buyers Fannie Mae’s “What do consumers know about the Mortgage Qualification Criteria?” Study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Myth #1: “I Need a 20% Down Payment” Fann...
08/29/2016
     JUST LISTED - 3620 Clear Stream Drive , Mountville , PA  .  Well maintained Bilevel situated on a corner lot with mature landscaping . This home is ideal for those who love to entertain ! Finished Lower Level walks out to 2 levels of decking , in ground pool and new privacy fencing . This pr...
08/29/2016
     Are you familiar with an APOD Form ? Can you fill one out ? If so do one on this property , 457 S Plum St. , Mt. Joy , PA .  You will discover IMMEDIATE Positive CASH FLOW  ! Here's the Data you'll need for your APOD ( P & L ) :    RENTAL INCOME -          $1050 per month  / $12,600 per year...
08/28/2016
Whether You Rent or Buy, You’re Paying a Mortgage There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours o...
08/28/2016
How Supply & Demand Impacts the Real Estate Market [INFOGRAPHIC] Some Highlights: The concept of Supply & Demand is a simple one. The best time to sell something is when supply of that item is low & demand for that item is high! Anything under a 6-month supply is a Seller’s Market! There has not ...
08/27/2016
‘Old Millennials’ Are Diving Head-First into Homeownership [INFOGRAPHIC] Some Highlights: ‘Old Millennials’ are defined as 25-36 year olds according to the US Census Bureau. According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 31 years old. M...
08/18/2016
4 Stats That PROVE This Is NOT 2005 All over Again Recent research by the National Association of Realtors (NAR) examined certain red flags that caused the housing crisis in 2005, and then compared them to today’s real estate market. Today, we want to concentrate on four of those red flags. Price...
08/17/2016
Real Life vs. Reality TV: 5 Myths Explained Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV ‘show hole’*? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Flip or Flop,” “Property Brothers...
08/16/2016
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Michael J. Perry

Lancaster, PA Relo Specialist
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