Market Report for End of July 2010

By
Real Estate Agent with Berkshire Hathaway HomeServices Homesale Realty

Numbers for July are in!! The number of homes sold in York County through July were up 10% over last year to 2,343.

However, the median sale price was down 6% to $150,000. Are you waiting to see how low the prices will go.  I wouldn't do that.  As the rates go up, you lose any savings that you may have had with a lower mortgage.  And NOW you are spending it on interest!!

Rates are still low and FHA is making another change that will add more to your monthly payment in Sept., so GET OUT THERE AND BUY!!

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