Lancaster County Blogger

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



Taking the Fear out of the Mortgage Process A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, ...
Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC] Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 8% of loan applications were approved last month. The average credit score ...
      Tucked away in the Village of Georgetown , the Villas at Georgetown offer a lot of square ft. and amenities . We currently have our last 2 story and ranch models ready for very quick delivery ! In the North-eastern corner of the Solanco School district , the VILLAS have some of the Lowest R...
Percentage of Homeownership by Decade and by State There has been a lot of talk about the falling homeownership rate in the United States. In December 2004, the homeownership rate reached an all-time high of 69.4%, while the current rate is 62.9%. When comparing these two figures, there is some r...
     Once your property goes Under Agreement , there are still several important events remaining . One is an Appraisal required by the buyers bank to confirm the value in the Agreement of Sale . If the property doesn't appraise , the entire transaction is placed in jeopardy . Here are some tips ...
What to Expect When Home Inspecting 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 price pa...
     It has been said that the definition of Insanity is doing the same thing day in and day out and actually expecting different results ! As I write this post it appears on the surface that our country is prepared to pass the baton to the exact same administration that has many Americans on the...
Buying is Now 37.7% Cheaper Than Renting in the US The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show t...
Sales of Distressed Properties Hit New Low The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began t...
7 Graphs That Show the Real Estate Market is Back! [INFOGRAPHIC] Some Highlights: Distressed property sales fell to its lowest number since NAR began tracking it in 2008. As you can see, with less distressed properties, sales are up in all price ranges except the $0 - $100K price range. Interest ...

Michael J. Perry

Lancaster, PA Relo Specialist
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