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Local Real Estate Market Blog

Homes For Sale In Lancaster County PA – Stay Informed

With years of experience and expertise under his belt, Brandon Clark knows the ‘ins and outs’ of what it takes to find the best houses for sale in Lancaster County. Time and time again, he receives referrals from previous homebuyers who were more than satisfied with the service they received before, during, and even after their home purchase with Brandon.

Brandon’s continued dedication to staying on top of the local market trend has made your search for Lancaster PA homes much easier than you would have originally expected. Are you nervous about searching homes for sale in Lancaster County? Don’t be! You can enlist Brandon Clark on your team, a truly professional and personable Lancaster PA real estate agent whose main goal is to put you in your dream home, no matter what it takes.

When you hire Brandon to find houses for sale in Lancaster County PA, you will not just be hiring a real estate agent, you will be hiring a friend who will make you feel like you are his only client.


It felt just like I had my own personal agent devoted to me!”

-Nate, client

 

So, visit his blog page often and stay current on the local market trend and allow Brandon Clark to make your next Lancaster PA homes search as easy and rewarding as possible!

Click here to view the best Lancaster PA homes for sale.

 

 

 




Lancaster PA Real Estate Market Sales Numbers - October

According to the Lancaster Association of Realtors Pending sales were down 19 percent over October 2009 when the federal tax-credits were in full swing, but dipped only slightly (2.5 percent) over last month's pending sales. Looking at the pre-tax credit market of October 2008, October 2010 pending sales were up 1.3 percent. 

The average sale price here was down slightly (1.2 percent) over October 2009 to $177,771 but year-to-date, the average sale price is up 3.0 percent to $189,498 over the same period (January through October) in 2009. 

More than half (51.0 percent) of the homes and condos that sold in October were on the market for 60 days or fewer (national trends report 5-6 months on-market averages).

Home sales in the $400,000 and higher range have increased 34.0 percent over the same 10-month period last year.

 

SO WHAT ARE MORTGAGE RATES DOING???

The average commitment rate on a 30-year, fixed rate home loan as of November 24th was 4.40 percent, down from the 4.78 percent rate one year ago. The average rate on 15-year, fixed rate mortgages was 3.77 percent, down from the 4.29 percent rate one year ago. One-year adjustable-rate mortgages averaged 3.23 percent, down from the 4.35 percent rate one year ago.

 

It's A Great Time To Buy!

Despite the negative media, it's still a great time buy. Mortgage rates are still historically low, meaning you can buy more lancaster pa home for your money. 

To get instant updates of home prices, foreclosures, and the best deals right now be sure to sign up for my newsletter by clicking HERE.>>>>>Lancaster Pa Homes For Sale

* This information has been provided by FlexMLS as of November 16, 2010 and Lancaster Association of Realtors. 

 

 
Lancaster Pennsylvania Real Estate - The Best Lancaster County Playground

We recently took our girls to Lancaster Counties newest playground, Daniels Den. This playground is the wave of the future as far as I'm concerned. We were really impressed with the attention to detail that over 2,000 volunteers put together. The playground is underlined by a soft rubber so that when children fall they leave minus the scrapes and bruises. 

Daniels Den was desigend to make it possible for handicap children to have access to the park. For directions to Daniels Den visit the official Lancaster County Daniels Den Website.

 

For additional inofrmation about buying a home in Lancaster Pennsylvania visit the Lancaster Pa Real Estate Website.

 
Lancaster County Pennsylvania Realtor Graduates
 
Another Satisfied Client
 
Houses For Sale Lancaster PA | Lancaster County Homes For Sale
One of the many dire predictions done these past few months by many Lancaster County  ‘bubbleologists’ out there -

that is all those who indulge in the contemplation of bubbles in the Lancaster County real estate market of all sizes and colors, whether real or imaginary, coming our way - was that by now real estate markets everywhere would be inundated and swept away by a tsunami of foreclosures of apocalyptic proportions.

The general rationale among those specializing in the fine art of staring at crystal balls (or perhaps at several empty bottles of rum) was that the steady increase in interest rates, the consequence of a tightening monetary policy implemented by the Fed since mid-2004, would have led by now to a collapse of the adjustable-rate mortgages (ARMs) market, since consumers could not possibly cope with the increased monthly payments. This, in turn, would dramatically increase mortgage defaults and foreclosures, with the end result that real estate markets everywhere would be flooded with excess inventory at deflated prices, thus causing markets to crash - the tsunami I was talking about.

 

Read more...
 
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Contact Information

Brandon Clark, GRI, ABR, CSP
Coldwell Banker Select Professionals
1000 North Prince Street
Lancaster, Pa, 17603
Office: (717)735-8308
Cell: (717)682-7353
Fax: (717)283-4535

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