Low inventory levels continue to dominate the market. Interest rates are starting to climb. This may contribute to some leveling off of the extreme sellers market as we approach spring and an expected increase in inventory. Thinking about buying or selling (or maybe both)? Wondering how the current market conditions ...
Continue ReadingHousing inventory levels continue to struggle to keep up with buyer demand in Lancaster County. The cold winter weather has no doubt contributed to the limited options available to buyers. Interest rates have begun to rise, but so far this has not had a negative impact on the number of ...
Continue ReadingHousing inventory levels remain extremely low in Lancaster County. At last count there were just 301 residential units available for sale, that’s 30% less than last year at this time, and a whopping 80% less than 5 years ago! Interest rates have begun to rise, and are expected to continue ...
Continue ReadingHousing inventory levels remain extremely low in Lancaster County. Interest rates have begun to rise, and are expected to continue rising in 2022. So far the higher rates have not impacted pricing, as the average sale price is up 12% from this time last year. If you are thinking of ...
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