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
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 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
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
Lancaster County Real Estate Market Conditions 6-7-2017
According to a recent LCAR report, the 460 homes sold in April is a 3.8 percent decrease from the April 2016 mark of 478. The five year average number of sales for April is 431. For the first four months of the year, there have been 1,669 homes sold compared to 1,629 Continue Reading
Lancaster County Real Estate Market Conditions 5-17
According to a recent LCAR report, the 502 homes sold in March is a 12.3 percent increase from the March 2016 mark of 447. There was a 5.0 perecent increase in first quarter sales from 1,151 in 2016 to 1,209 in 2017. The five-year average number of sales for the first Continue Reading
Lancaster County Real Estate Market Conditions 4-17
According to a recent LCAR report, the 324 homes sold in February is a 10.5 percent decrease from the February 2016 mark of 362. The five-year average of February sales is 305. Continue Reading
Lancaster County Real Estate Market Conditions 3-17
According to a recent LCAR report, the 376 homes sold in January is a 9.9 percent increase from the January 2016 mark of 342. The five-year average of January sales is 327. Continue Reading
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