Lancaster County Blogger
West Lampeter resident and Lancaster County Realtor.
ARCHIVED BLOG POSTS
2016
5 Reasons to Resolve to Hire a Real Estate Professional [INFOGRAPHIC] Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick...
12/30/2016
Start 2017 Off Right… List Your House for Sale As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s m...
12/29/2016
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 ti...
12/27/2016
Existing Home Sales Surge Through The Holidays [INFOGRAPHIC] Some Highlights: November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).” Total...
12/23/2016
The Fed Raised Rates: What Does that Mean for Housing? You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future? Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the po...
12/22/2016
Student Loans = Higher Credit Scores According to a recent analysis by CoreLogic, Millennial renters (aged 20-34) who have student loan debt also have higher credit scores than those who do not have student loans. This may come as a surprise, as there is so much talk about student loans burdening...
12/21/2016
Whether You Rent or Buy: Either Way You’re Paying a Mortgage There are some renters who have not yet 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 -...
12/20/2016
2 Tips to Ensure You Get the Most Money When Selling Your House 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...
12/19/2016
The #1 Reason to Sell Now… Not Next Spring The price of any item (including residential real estate) is determined by ‘supply and demand’. If many people are looking to buy an item and the supply of that item is limited, the price of that item increases. According to the National Association of R...
12/18/2016
The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC] Some Highlights: Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage. Over the last 30 years, interest rates have fluctuated greatly with rates in t...
12/17/2016
Rainmaker
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2,195,069
Michael J. Perry
Lancaster, PA Relo Specialist