JUST RELEASED:  The first time home buyer "TAX CREDIT" has been extended and now includes anyone who has lived in their home for 5 consecutive years of the last 8!  Click here for details!  Click here for FAQ!

 

The Search for South Central PA Real Estate Made Simple!

Welcome! You’ve found a trusted source for Real Estate information in Cumberland, Perry & Dauphin County’s. No matter if you’re buying, selling, looking for information about our schools, community’s, or simply want to stay on top of current trends and news, It’s all here!

What’s going on in your neighborhood? Find out with “Market Snapshot!” What did the home down the street sell for?  What’s currently for sale?  List price vs. selling price, days on market, maps and more. All the data for these reports is taken directly from our Multi List, assuring you that the information is accurate and up to date. Preview a sample analysis today!

Looking for news, trends & tips? “The Real Estate Update “is a monthly newsletter for the homeowner, buyer, seller and renter.  The “Daily Consumer News and Advice” section is a must see, not only news but a virtual library sure to answer all of your Real Estate questions.

Search for properties directly from our MLS in Harrisburg, Colonial Park, Union Deposit, Camp Hill, Mechanicsburg, Carlisle, Boiling Springs, Newville, Shermans Dale, New Bloomfield, anywhere in Dauphin, Cumberland & Perry Counties.

And if by chance you can’t find what you’re looking for, contact me. 

Thanks for stopping by my web site.  Courtesy of John Shannon Jr.

 

Buy a home in Central PA

Are you thinking about buying a home but are hesitant, unsure if now is the right time to buy?  Well I have some good news for you, it's a buyer's market and now is the perfect time to buy!

 Mortgage rates are at an all time low meaning you can buy more house than ever before! 

 Our inventory of homes is at an all time high, meaning you'll have more homes to choose from then ever before!

 First time home buyers can now get a $8,000 tax credit for qualified home purchases until December 1st 2009 and DOES NOT require repayment!

  And did you know the average homeowner's net worth is 46 times greater than the net worth of a renter?  And that over the past thirty years, the median price of existing homes has increased on average more than six percent every year!

  So whether you're looking for your first home, your dream home or an investment property, I'm committed to providing you with the highest quality buyer service. When making the type of investment that buying a home requires, you deserve to have all the latest market information and the very best advice, both of which I can provide you with. Read more.

Sell a home in Central PA

The decision to sell a home is often dependent on many factors, but the number one factor right now is the economy.  The concern is that selling now in a sluggish market where home prices are declining doesn't make sense as you're sure to lose money, right?  The answer is, it depends.  Are you going to buy another home and if so, are you buying up, down or making a lateral move?

You can win in this market by selling now and I'm here to tell you how.  I'll give you accurate local statistics, not the nonsense the media is tossing around!  So what is the state or our Real Estate market?  Are homes selling?  The answer is yes!

 Stats for 2009:

QTR    UNITS SOLD   AVE PRICE   MEDIAN PRICE   MARKET DAYS   ACTIVE LISTS

1st         1227            $178,040     $157,400            87                          4072

2nd        1952            $182,643     $164,767            86                          4279 

3rd        2180            $182,458      $165,000            77                          4418

 Let's begin with the simple fact that 2007 was our last year of positive appreciation in our market averaging 2%.

 Last year (2008) home prices in our area depreciated on average 1.5%.

When we compare the 1st qtr. of '08 to the 1st qtr. of '09 they have depreciated another 2%.

As of this writing (4/10/09) we can safely say our market is down 3.5% from '07.

 In this example we're going to assume that you are buying up.

 Now, let's say your family has grown and your house no longer meets your needs.

In '07 your homes appraised value was $150,000, but with depreciation (-3.5%) will probably sell in today's market for $144,750.  So you could say you're down $5,250 due to the economy.

 The house you want to buy had an appraised value of $250,000 in '07 but again with market conditions (-3.5%) is now worth $241,250.  That seller could say he/she is down $8,750 due to the economy.

 You decide to make the move and have realized a $3,500 gain ($8,750 - $5,250.)  You gave up $5,250 of your own equity to sell, but saved $8,750 when you bought!

 You now have the house you want, most likely have an interest rate that allowed you to buy more home than ever before and.... Did it all in a troubled economy!

 And the best part is when we again realize property appreciation and we will, you're equity will grow faster in the $250,000 home!

 So as you can see from this example, even in a sluggish market you can create a win/win for yourself.  Read more.