Erie, PA ~ Why Real Estate?
Slow & steady, that is the description often used to describe the Erie PA market.
In good markets and not-so-good markets and even during the most recent recession the Erie real estate market kept moving at a slow & steady pace.
At the height of the recession Erie real estate agents cautioned buyers, sellers and industry observers not to worry about falling property values, in large part because Erie PA prices never rose that much. There was no bubble to burst. Erie PA did not deal with falling prices during the recession like other areas of the country.
Prices of Erie homes continue to rise, but more slowly than national trends
Between 2007 and 2016 statistics provided by the research team of Black Knight Financial Services shows that prices in 29 of the 38 Erie PA zip codes rose a modest 8.6%.
In an era of declining homeownership, why would you consider buying a house in Erie, PA?
- Interest rates remain very low 3.5%
- No tax advantage to renting
- Buy $300,000 home with lower mortgage payment lower than rent for three bedroom 1,200 square foot apartment
Why Choose Real Estate as a Career?
- Are you self-motivated?
- Are you goal-oriented?
- Do you enjoy new challenges & creating new opportunities?
- Does unlimited earning power interest excite you?
- Do you enjoy being proactive & meeting new people?
- Are you ready for a new journey in life?
Why Choose Howard Hanna Real Estate Services?
Howard Hanna is a forward-thinking company dedicated to fostering your success. Take your career to the next level with the assistance of a full-time, non-compete manager who offers ongoing support to you the agent.
As the third largest real estate company in the United States with 9,000 sales associates in 270+ offices in seven states.
Erie County PA Market 2015 Share
Sold Volume (GEBOR statistics)
Learn more about real estate in Erie PA in pre-license Fundamentals/Practice
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