This content is from a recent blog post from the Lancaster County Association of Realtors ... Who's Listening? A recent call to the Hotline was from a listing salesperson who just ended an interesting conversation with her seller. The seller had called to Continue Reading
How are Interest Rates Determined?
Although there are multiple factors that affect interest rates, the movement of the 10-year Treasury bond (T-bond) yield is said to be the best indicator to determine whether mortgage rates will rise of fall. Why? Though most mortgages are packaged as 30-year Continue Reading
Money Meter and Time Meter Triggers
Money Meter and Time Meter Triggers Buying a home is one of the largest financial decisions for most people. Conversely, selling your home is an equally large process and many times more important, as taking the next steps in your life may hinge on selling a home. With Continue Reading
Market Update December 2017
Lancaster County Real Estate Continues to Strengthen Over the past 18 years the number of homes sold in Lancaster County is as follows: 2000 – 5,047 2004 – 6,160 2008 – 4,513 2012 – Continue Reading
Lancaster County Real Estate Market Conditions 9-17
According to a recent LCAR report, the 575 homes sold in August is a 4.3 percent decrease from the August 2016 mark of 601. The five-year average number of sales for August is 543. For the first eight months of the year, there have been 4,125 homes sold compared Continue Reading
Lancaster County Hail Damage
Below is a map received from Greenawalt Roofing showing the recent storm that came through Lancaster County where many residents reported hail. Below the map is their explanation of the different markings and coloring on the map. Here is a map of the storm Continue Reading
Lancaster County Real Estate Market Conditions 8-17
According to recent LCAR report, the 575 homes sold in July is a 1.8 percent increase from the July 2016 mark of 565. The five-year average number of sales for July is 537. For the first seven months of the year, there have been 3,565 homes sold compared to 3,398 Continue Reading
June Marks Busiest Month Ever for Home Sales in Lancaster County!
LANCASTER—According to a report released today by the Lancaster County Association of Realtors® (LCAR), the 697 homes sold in June makes it the busiest month ever for home sales in Lancaster County, beating the previous record of 666 sales set in June 2004. The 697 mark is a Continue Reading
June Home Sales Set Record
Pending Sales in June are best for the month since 2005; Settled Sales are highest ever! Pending home sales climbed 8.7 percent in June, despite a shortage of homes for sale, the Lancaster County Association of Realtors said Monday. The county last month saw 600 pending Continue Reading
Lancaster County Real Estate Market Conditions 7-7-2017
According to a recent LCAR report, the 583 homes sold in May is a 6.0 percent increase from the May 2016 mark of 550. The five-year average number of sales for April is 522. For the first five months of the year, there have been 2,252 homes sold compared to 2,179 during the Continue Reading
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