Explore Lancaster, PA

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
How Low Interest Rates Increase Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent history! The interest rate you secure when buying a home...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Have You Saved Enough for Closing Costs? There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Tips for Preparing Your House For Sale [INFOGRAPHIC] Highlights: When listing your house for sale your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Your real estate agent will have a list of specific sugge...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
Will Housing Affordability Be a Challenge in 2017? Some industry experts are saying that the housing market may be heading for a slowdown in 2017 based on rising home prices and a jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by t...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 7
5 Myths About Real Estate Reality TV Explained Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there… watching entire seasons of “Love it or List it,” “Fixer Upper,” “House Hunters,” “Property Brothers,” and so ma...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Why Pre-Approval Should Be Your First Step In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious abou...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Prices Rose 7.1% Year-Over-Year [INFOGRAPHIC] Some Highlights: CoreLogic’s latest Home Price Index shows that prices rose by 7.1% across the United States year-over-year. With mortgage interest rates rising in the short term, CoreLogic believes price appreciation will slow to 4.7% by this time ne...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Is This the Year to Move Up to Your Dream Home? If So, Do it Early It appears that Americans are regaining faith in the U.S. economy. The following indexes have each shown a dramatic jump in consumer confidence in their latest surveys: The University of Michigan Consumer Sentiment Index National ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Top 3 Things Second-Wave Baby Boomers Look for in a Home According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that set...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
You Need a Professional on Your Team When Buying a Home Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to do it on their own. In today’s market: you need an experienced professional! You Need an Expert G...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
If Your Home Hasn’t Sold Yet… Check the Price! The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the winter as many real estate professionals are reporting bidding w...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
3 Tips for Making Your Dream of Buying a Home Come True [INFOGRAPHIC] Some Highlights: Realtor.com recently shared “5 Habits to Start Now If You Hope to Buy a Home in 2017.” Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without think...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Millionaire to Millennials: Buy a Home!! Last week, CNBC ran an article quoting self-made millionaire David Bach explaining that not purchasing a home is "the single biggest mistake millennials are making" because buying real estate is "an escalator to wealth.” Bach went on to explain: "If millen...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories The National Association of Realtors’ most recent Existing Home Sales Report revealed that, compared to last year, home sales are up dramatically in five of the six price ranges they measure. Homes priced between $100-2...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
Inadequate Inventory Driving Prices Up The latest Existing Home Sales Report from the National Association of Realtors (NAR) revealed a direct correlation between a lack of inventory and rising prices. We are all familiar with the concept of supply and demand. As the demand for an item increases ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Here’s to a Wonderful 2017!We hope 2017 is a great year for you, both personally & professionally.     All signs point to 2017 as being a very good year for eal estate .   Mortgage rates will be below 5%  and there are still many buyers   who are hoping to find a new home in 2017 , Sellers will a...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Top 5 Reasons You Should Not For Sale By Owner In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
5 Reasons to Resolve to Hire a Real Estate Professional [INFOGRAPHIC] Some Highlights: As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Start 2017 Off Right… List Your House for Sale As we are about to bring in the New Year, families across the country will be deciding if this is the year that they will sell their current house and move into their dream home. Many will decide that it is smarter to wait until the spring “buyer’s m...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Homeowner’s Net Worth Is 45x Greater Than A Renter’s Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 ti...

Lancaster, PA Real Estate Professionals