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Lancaster County Housing Market Update
So much for a balanced market! Last month at this time it seemed like new listings were making some headway against the high buyer demand, but, wow, what a difference a month can make. Buyer activity has started to pick up again, with interest rates dropping and warmer weather setting ...
Continue ReadingLancaster County Housing Market Update
February is not a great month to gauge the overall state of the local housing market. However, if the current trends continue, it could be that a more balanced market is coming soon. Interest rates have forced buyers to be a bit more conservative with their offers, which is starting ...
Continue ReadingLancaster County Housing Market Update
Here is an update on the Lancaster County housing market. Despite the higher interest rates, the Average Sales Price continues to climb, as buyers continue to face tough competition with such limited inventory. Interest rates, after their quick rise last summer, seem to have peaked and are actually coming back ...
Continue ReadingLancaster County Housing Market Update
Here is an update on the housing market stats for Lancaster County. Despite interest rates jumping up 105% compared to this time last year, the Average Sales Price is up 8%. This is mostly due to extremely low inventory numbers, however continued high buyer demand is also playing a role. ...
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