Tax Assessment Formula Determining a “fair” assessment can be complex. Each year a state agency called the State Tax Equalization Board issues a common level ratio for each county, essentially the average difference between assessments and sales prices for Continue Reading
Are your smoke detectors yellow?
As a Realtor, I get the opportunity to visit many homes on a weekly basis. On a regular basis, I notice that the smoke detectors have yellowed significantly. While it may seem like a cosmetic concern, these yellow detectors may actually present a risk to the Continue Reading
Market Update December 2018
Lancaster County Real Estate Slowing and Showing Signs of Stress Over the past 19 years the number of homes sold in Lancaster County is as follows: 2000 – 5,047 2004 – 6,160 Continue Reading
Lancaster Newspaper – REALTOR Profile – Sue Gunselman – 1/27/19 Sunday News
“OK Google…… how much money do I need to buy a house?" “Alexa, is now the right time to downsize?” “Siri, how do I re-finance my home? Need a real person to talk to? Someone who knows the Lancaster real estate industry? Are you like thousands of people who are entering Continue Reading
An Interesting Read for Anyone Buying or Selling a Home
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
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