Real Estate Information Archive


Displaying blog entries 1-3 of 3

Opportunity to help a local family

by Mike Skillman


There is an amazing family in the Lancaster area that is going through a very difficult time.  Holly Pallan suffered a brain aneurysm followed by a stroke on October 28, 2011.  After being in a coma for seven weeks, Holly emerged determined to fight for her life back.  She spent seven more weeks in Bryn Mawr rehab hospital and now resides at home with her family.  Holly and her husband, Tom, have two daughters ages 9 and 2.  Holly attends physical, occupational, and speech therapy two times a week.  We’re happy to report that she is doing better than anyone ever expected.  She’s walking with the aid of a cane, talking, and working hard to get back to her energetic self.  We would like to help the family with their medical expenses from this ordeal so that is one less thing they have to worry about.   Erin Pyott is organizing a spaghetti dinner in their honor:


to Benefit the Pallan Family


Sunday, April 29th   4:30 - 7:00 pm

St. Thomas Episcopal Church

301 St. Thomas Road, Lancaster


Adults:  $8.00

Children:  $4.00 (3-11)


Includes spaghetti with homemade sauce, salad bar, bread, beverage and dessert.


We will also be having a basket raffle and free kids activities.


If you are interested in tickets, please see form here.  Only a limited number of tickets will be available at the door.

​You can also view the event on the Facebook event link here.


Thanks so much for helping to support the Pallans.

Lancaster County Market Update - March 2012

by Mike Skillman


The Market

The number of homes that went under contract in February 2012 was up 30% compared to February 2011.  This is the second consecutive month of double digit increases in this category.  Pending Sales is the most accurate, up-to-date indicator as the overall health of a real estate market.  So, as I mentioned last month, there is reason to be optimistic.  These improved numbers are making a difference as I am seeing fewer housing options available for buyers and more showings scheduled for sellers in select markets and price ranges.

What's The Going Rate?
RATES ARE STILL LOW….3.875% on a 30 year note.   No doubt the low rates have continued to help contribute towards the improved market stats.  As a result of improved stats, there has been a stronger demand for loans.  The government has recognized this demand and has already stepped in and increased the fees associated with many loans.  Now there is talk that they will target the rates next.  This seems counter-productive, but nonetheless, it wouldn’t be a big surprise.  You may want to take advantage of the rates while they are so good!   

Home Trends
Spring is here!  Here are some Spring Cleaning Tips that are sure to inspire!  

Thinking of Buying?
For those of you who would love to buy a home but don’t think you have enough money to put towards the purchase, you may want to consider a USDA loan.  USDA will give qualified buyers a loan with no money down and will allow the seller to pay for a large percentage of the buyer’s closing costs.  USDA’s rate right now is 3.75%.  Call me if you’d like more information.  If you are curious to know what is currently for sale, Click here to receive a Daily Email List of Homes for Sale as they Hit the Market!

Thinking of Selling?
There is good reason to believe that we haven’t reached the bottom of the housing downturn quite yet, even though the past few months have been better than we’ve seen in quite some time.  The reason, you ask??  Another wave of foreclosures that has yet to hit the market.  Here is an excellent blog post from a group that has been following this potential issue closely.  As this post reports, the best time to sell if this pending wave comes near you would be now!  If you are thinking about selling, give me a call or Click here to request a Home Value Report.

Is the Housing Market Actually Recovering?

by Mike Skillman

Here is a good summary of what is currently taking place in the real estate market from

Everyone wants to know if the housing market is truly showing signs of a recovery. There are conflicting headlines every day. One day, we hear sales are up. The next day it is reported that prices are down. Is the real estate market coming back? The answer is ‘yes’ and ‘no’.  Read further:

Displaying blog entries 1-3 of 3