Lancaster County Blogger

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



2 Charts That Show the Truth about Home Affordability There is a lot of discussion about the current state of housing affordability for both first-time and move-up buyers, and much of the narrative is tarnished with a negative slant. However, the truth is that housing affordability is better toda...
Low Interest Rates Have a High Impact on Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.92%, which is still near record lows in comparison to recent history! The interest rate you secure w...
Access is an Important Factor 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 ...
 Is it Getting Too Easy to Get a Mortgage ? There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the...
Lancaster,PA Home Sales Slowed by a Lack of Listings ! Some Highlights: The inventory of existing homes for sale has dropped year-over-year for the last 29 consecutive months and is now at a 3.9-month supply. Existing home sales are currently at an annual pace of 5.48 million, the highest pace si...
Thank You For Your Support!Have a great holiday     Thanksgiving is a time to reflect on all of your blessings . It is a day that is full of Traditions and family . Take in  the early morning parades and don't stress over the meal preparation . Enjoy your Holiday feast full of favorite handed dow...
Homeowners: Your House Must Be Sold TWICE In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market...
     A new group of Home Buyers are now dominating our Lancaster,PA marketplace ! The way they search for homes and what they're lookingfor is greatly affecting Lancaster real estate . Finding and working with Millennials is very easy . Read on ......... Are You Hoping to Capture Millennial Homeb...
Mortgage Interest Rates Are Going Up… 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 rates...
      As I look at the Market I live in , West Lampeter Twp.(Lancaster Co., PA) ,I can see a trend . Properties that are staged to sell and priced below $250,000are selling in days ! Homes listed  for sale between $250,000 -$375,000 are going Under Agreement(UA) in 45-70 days . In both of these t...

Michael J. Perry

Lancaster, PA Relo Specialist
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