INTEREST RATE ALERT – 6/20/13 Interest rates on home loans have gone up sharply in the last two weeks and continue to rise. The Federal Reserve’s Open Market Committee met on June 18-19, and the result of their meeting was to spook the interest rate market, causing rates to increase at least an
...
06/20/2013
Market summary – May 2013 By now, everybody knows that the national housing market is in recovery (read: rising prices in virtually every city.) But, we aren’t that concerned about the market in Sacramento or Denver, are we? We want to know what’s happening in Franklin County, Pennsylvania. This
...
06/11/2013
We read a lot of Realtor blog posts from around the country and on all sorts of topics. Once in a while a blogger puts into words something that's exactly how I feel. Like this article: You want to work with an agent who is motivated to see you achieve your goals. Yesterday we had a big sales mee
...
05/11/2013
Ok, so I have three buyers lined up at the door to buy my listing, but there are just a few things to straighten out first. One thing--and this is the major one--is that the kitchen ceiling is covered in mold. Couple this with the fact that it is a short sale and we have ourselves some work to
...
04/05/2013
I’ve been a full-time Realtor® for over 120 years—scratch that, it just feels that long some days. I’ve seen a lot of things in the last twelve years--some good, some bad, some scary and some terrific. Why keep these things to myself? This is my way of sharing useful information with people who
...
03/15/2013
Real Estate is BACK in Central Pennsylvania and across the country. What do we mean by this? Check out the graphic below; or, to dive into the details, follow this link to the RealEstate.com article. Data provided by ActiveRain, the #1 social community for real estate professionals.
03/12/2013
In the last five years, millions of American families have lost their homes to foreclosure, and several million more have suffered through a short sale. (Trust me: their agents have suffered, too!) Circa 2009, the conventional wisdom was that foreclosured families would have to wait up to seven y
...
03/12/2013
We heard previously that USDA was planning to make properties in the borough of Chambersburg ineligible for USDA Rural Housing financing. Now, we have received word from USDA that they are going to put these changes on hold indefinitely, so we will continue to fund USDA loans in the borough of Ch
...
10/15/2012
Was it the long, hot summer that took some of the wind out of the real estate sails locally in August? Sales in August, 2012 continued to strengthen overall, both in Franklin County, PA and neighboring Washington County, MD, but in detail the results were a mixed bag. The number of homes sold in
...
09/27/2012
Forward motion toward a healthier real estate market continued in Franklin County in June 2012. Almost every measure marked an improvement compared with June 2011. Dollar volume of settled homes was up 18.0%, the number of homes sold (135) was up 13.5%, and the average sold price, at $171,043, wa
...
07/22/2012
