Lancaster Real Estate Market Update – September 2016

September 8, 2016

The Market 
With super low interest rates and a steady economy, Buyers continue to outnumber Sellers in the Lancaster County Real Estate market.  The number of Listings Available dropped 20% and the Supply of Inventory dropped 27% compared to August of 2015.  Because of the higher number of buyers and the shortage of inventory,  we are continuing to see new listings priced correctly and in move-in condition sell quickly in most local markets.

2016 sept stats

Thinking of Selling?
Now is a great time to get your home on the market as there are plenty of buyers looking and waiting for the right home to hit the market.  The first step is for me to walk through your home with you so I can give advice on how best to get your home ready for the market.  This might include suggesting things such as making repairs, neutralizing wall/carpet colors, decluttering and getting a pre-listing home inspection.  The sooner you allow me to help, the more effective my advice can be.

Want to know what your home is worth?
Don’t rely on the information provided by popular third party websites like Zillow to tell you the value of your home.  These sites are filled with inaccurate information.  Allow me to help you determine the true value of your home. There is no cost for this service. Give me a call, or click here to request a personalized Home Value Report.

Thinking of Buying?
Now is the time to take advantage of the great interest rates.  Conventional 30 year loans are hovering around3.5%!  Call me today to get started!  I can recommend a local, reputable lender for you to meet with.

Approved for a loan?  Ready to start looking?
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