Explore Lancaster, PA

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Existing Home Sales Surge Forward Through Fall [INFOGRAPHIC] Some Highlights: The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report. First-time homebuyers made up 33% of all sales in October. Homes are selling quickly with 43% of homes on the market ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
Thinking of Selling? Don’t Overlook an Outdated Kitchen, Buyers Won’t If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they wa...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 5
Thank You for Your Support!Have a Great Holiday!To all of our current and past clients , our referral networks , amazing service providers , we wish you all a Happy Thanksgiving !!!  We have much to be thankful for in 2016 as the real estate market has enjoyed one of it's best years in a decade! ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Why Are Mortgage Interest Rates Increasing? According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a signi...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Winter Is Coming… 5 Reasons to Sell Now! People across the country are beginning to think about what their life will look like next year. It happens every fall; we ponder whether we should relocate to a different part of the country to find better year-round weather, or perhaps move across the st...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 6
From Empty Nest to Full House… Multigenerational Families Are Back! Multigenerational homes are coming back in a big way! In the 1950s, about 21%, or 32.2 million Americans shared a roof with their grown children or parents. According to a recent Pew Research Center report, the number of multigen...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Homes Across the Country Are Selling Fast! [INFOGRAPHIC] Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
You Can Never Have TMI about PMI When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase a home with a down payment below 20%, you can never have T...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
A Lack of Listings Remains 'Huge' Challenge in the Market The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures & short sales) are at their lowest mark in...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 2
The Truth About Housing Affordability From a purely economic perspective, this is one of the best times in American history to buy a home. Black Night Financial Services discusses this in their most recent Monthly Mortgage Monitor. Here are two of the report’s revelations: The average U.S. home v...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 4
The Dangers of “Tight Mortgage Credit” Headlines The availability of mortgage credit is not at the same level that it was during the boom in housing (2005), and that’s good news. However, the constant headlines which talk about “tight credit” are causing some potential home buyers to doubt their ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
It’s Not Always Marriage Before Mortgage There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. A...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
NAR Reports Show Now Is a Great Time to Sell! We all realize that the best time to sell anything is when demand is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that now continues to ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Think All Millennials Live in Their Parent's Basement? Think Again! According to the Census Bureau, millennials have overtaken baby boomers as the largest generation in U.S. History. Millennials, or America's youth born between 1982-2000, now represent more than one quarter of the nation’s popula...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
The Difference an Hour Makes This Fall [INFOGRAPHIC] Every Hour in the US Housing Market:  633 Homes Sell 253 Homes Regain Positive Equity Median Home Values Go Up $16.80 We are currently in a strong Seller's Market . As a Buyer you must obtain a Mortgage Pre-Approval .  Sellers need to be updati...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
How Long Do Families Stay in a Home? The National Association of Realtors (NAR) keeps historic data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the m...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 3
Buying a Home? 4 Demands to Make on Your Real Estate Agent Are you thinking of buying a home? Are you dreading having to walk through strangers’ houses? Are you concerned about getting the paperwork correct? Hiring a professional real estate agent can take away most of the challenges of buying. A...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 1
Taking the Fear out of the Mortgage Process A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, ...

By Michael J. Perry, Lancaster, PA Relo Specialist
(KW Elite )
Comments 8
Buying a Home Can Be Scary... Know the Facts [INFOGRAPHIC] Some Highlights: 36% of Americans think they need a 20% down payment to buy a home. 44% of Millennials who purchased a home this year have put down less than 10%. 8% of loan applications were approved last month. The average credit score ...

Lancaster, PA Real Estate Professionals