downsizing: What's Needed to Sell Higher Ended Properties ?
- 11/19/17 10:56 AM
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 $250,000 are 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 two Price Points there is scarcity as Demand is out pacing Supply . But beyond these two Price Points , it's a different story . Homes priced at $400,000 and above are not (across the board) experiencing the same pace of success . Many real estate agents are not … (4 comments)
downsizing: Why Aren't People Moving as Often ?
- 11/15/17 03:10 PM
Feeling ‘Stuck in Place’? You Aren’t Alone… And There’s Hope! Whether you are a renter who is searching for your dream home or a homeowner who feels like your only option is to renovate, you have at least one thing in common: feeling stuck in place. According to data from the National Association of Realtors’ Profile of Home Buyers & Sellers, the average amount of time that a family stays in their home remained at 10 years in 2017. This mark ties the highest marks set in 2014 and 2016. Back in 1985, when data was first collected on this subject, … (0 comments)
downsizing: Can Someone Help Pay My Mortgage in Lancaster, PA ?
- 10/28/17 06:15 AM
How to Save on a Mortgage Payment Whether Buying or Selling In Trulia’s recent report, Rent vs. Buy: Roommate Edition, they examined the impact that renting with a roommate has in determining whether it is more expensive to rent or buy. The study explains: “Since we started keeping track in 2012, it’s been a better deal to buy than rent in America’s largest housing markets – and for much of that time it hasn’t been close.” It then goes on to ask the question: “But does the equation change for renters who share their rent with a roommate?” The report reveals: “While the … (1 comments)
downsizing: Are Any Homes for Sale in Lancaster Co., PA ?
- 09/26/17 02:45 AM
Why Are So Few Lancaster Homes for Sale? There is no doubt that the largest challenge in today’s housing market is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.” First American just released the results of a survey which sheds light on the reasons for the current lack of supply. The survey asked title agents and real estate professionals to identify what they believe are the top reasons for this lack of inventory in their markets. Here are the results of the survey: 47% … (4 comments)
downsizing: Should I List My Lancaster, PA Home Yet ?
- 09/22/17 05:44 AM
Most Lancastrians Say Now is a Good Time to Sell! Recently released data from Fannie Mae’s National Housing Survey revealed that rising home prices were the catalyst behind an eight-point jump in the net percentage of respondents who say now is a good time to sell. The index is now 21 points higher than it was this time last year. Overall, 62% of Americans surveyed said that now is a good time to sell (up from 58%), while 26% of respondents said that now is not a good time to sell (down from 30%). The net score is the difference between the … (1 comments)
downsizing: Strong Lancaster Housing Market Predicted for 2018
- 09/22/17 05:43 AM
Home Sales Expected to Increase Nicely in 2018 Freddie Mac, Fannie Mae, and The Mortgage Bankers Association are all projecting that home sales will increase in 2018. Here is a chart showing what each entity is projecting in sales for the remainder of this year and the next.
As we can see, each entity is projecting sizable increases in home sales next year. If you have considered selling your house recently, now may be the time to put it on the market.
Update your home's Current Market Value with a FREE national RPR Report . Email mikeperrykw@gmail.com to get started ! … (2 comments)
downsizing: How's Lancaster, PA's Housing Inventory ?
- 09/22/17 05:40 AM
Lack of Existing Home Inventory Slows Sales Heading into Fall Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 31% of all sales in August. Homes are selling quickly with 51% of homes on the market for less than a month. A limited supply continues to drive up prices for the 66th consecutive month. Sellers , this shortage of homes is driving Price upward ! Now is the time to list your Property for Top Dollar ! Email mikeperrykw@gmail.com to update your Property's Value . … (2 comments)
downsizing: Is it Time to Downsize in Lancaster Co., PA ?
- 08/31/17 03:42 AM
Empty Nesters: Best to Remodel or Time to Sell? Your children have finally moved out and you and your spouse now live alone in a four-bedroom colonial (or a similar type of house). You have two choices to make: Remodel your house to fit your current lifestyle and needs Sell your house and purchase the perfect home Based on the record of dollars spent on remodeling and renovations, it appears that many homeowners are deciding on number one. But, is that the best long-term solution? If you currently live in a 3-4-bedroom home, you probably bought it at a time when … (5 comments)
downsizing: Housing Inventory Evaporating ,Lancaster.PA !
- 08/09/17 03:56 AM
Housing Inventory Hits 30-Year Low Spring is traditionally the busiest season for real estate. Buyers, experiencing cabin fever all winter, emerge like flowers through the snow in search of their dream home. Homeowners, in preparation for the increased demand, are enticed to list their house for sale and move on to the home that will better fit their needs. New data from CoreLogic shows that even though buyers came out in force, as predicted, homeowners did not make the jump to list their home in the second quarter of this year. Frank Nothaft, Chief Economist for CoreLogic had this to say, … (3 comments)
downsizing: Villas at Georgetown - 2 Jasper Lane ,Christiana,PA
- 08/08/17 10:26 AM
Nearly new cape carriage house located in Southeastern Lancaster Co., PA First Floor Master suite , Formal Dinning Room ,Large Great Room , 3Bdrms.,2.5 Baths , 2nd floor storage room , 2 car garage ! LOW TAXES !!!
Very conveient to RT 1 & RT 30 and to all of Chester Co. Less than 1 hour to King of Prussia . 25 minutes to Lancaster City . ML# 267754 priced at $233,900 Call Mike Perry for your personal tour .Email mikeperrykw@gmail.com for a complete MLS printout and all Seller Docs. … (3 comments)
downsizing: Villas at Georgetown - Two Great Homes Available !
- 08/08/17 10:22 AM
Both homes have 1rst floor Master Bedroom Suites . The Villas have a country setting but are convenient to both RT 1 & RT30 ! Both homes have 3Bdrms and 2.5 baths. The Villas are located in SE Lancaster Co. and enjoy very low real estate taxes ! (located off RT 896 N ). The Villas are eligible for 100% USDA Financing !!!'
Contact Mike Perry 717-951-9933 to schedule your tour . … (8 comments)
downsizing: Villas at Georgetown - 13 Regency Drive , Christiana,PA
- 08/08/17 10:16 AM
3Bedroom, 2.5 baths 2 story in the Villas at Georgetown . Dinning Room, Large Great Room and very useful 2nd floor loft . Peaceful back yard patio viewing tree lined area . 2nd floor storage area and attached garage . Very low real estate taxes ! ML# 268004 Priced at $229,900
Located in Southeastern Lancaster Co. , the Villas are convenient to RT1 ,RT30 and all of Chester Co.. 40 minutes to Great Valley and less than 1 hour to King of Prussia . Call Mike Perry for a complete MLS printout and all Seller Docs . Email mikeperrykw@gmail.com to arrange your private tour ! … (3 comments)
downsizing: Your Lancaster Co. , PA Realtor Knows
- 06/06/17 07:15 AM
Can Your Real Estate Agent Answer These Important Questions? Whether you are selling or buying a home, the real estate agent you hire is critical to guaranteeing your family makes the right decision. Most agents can walk you through the process and explain the industry 'lingo,' but you should expect so much more than that. The housing crisis made everyone aware that truly understanding the real estate market is more complicated than it seems. Today, there are many questions your real estate agent must be able to answer to ensure your family is making the right decision. Here are just a … (1 comments)
As I look at the Market I live in , West Lampeter Twp.(Lancaster Co., PA) ,
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