Exploding Home Appreciation!

Home appreciation over the last year has exploded. Here’s what industry experts are reporting for this past year over year home appreciation:

18% FHA

17.2% Core Logic

16.6% S&P Case Shiller

Low housing inventory is driving this appreciation! Almost 50% of homes are still selling for over list price and there continues to be a lack of inventory for motivated buyers.

What does this mean for sellers? It’s an incredible time to sell your home. Most homes sell quickly with multiple offers and few contingencies. Of course this depends on condition, location, and appropriately positioning the home in the market. If you would like to know your home’s market value, please contact me.

What does this mean for buyers? It is still a great time to buy! Home appreciation is expected to slow into 2022, but still continue at an average of 5.5%. Statistics show that it is cheaper to own your home than to rent. PLUS, you are building equity and the continued home appreciation will help this add up even more quickly.

It’s still a good time to sell or buy. The market has remained strong and buyer demand continues!

(Data Source: Keeping Current Matters Deep Dive 8.23.21)

Lancaster made the top neighborhoods of 2021! Check out pages 57-58.


As always, if you have any questions, I am ALWAYS happy to help!


Create Your 7 Must-Haves for Your New Home

Before you start looking at homes, it’s helpful to create a “must have” list. You also want to know what the deal breakers are for you. There’s no reason to go see a home if it simply won’t work for you. Here are some things to consider.

How To Buy A Home As A “Weak” Buyer

In this housing market, buyers with good financing and a large down payment are called “strong” buyers. So, on the flip side, those without great financing or much money to work with are “weak” buyers. All this refers to is the strength of their ability to purchase a home. Find out if you are a “weak” or a “strong” buyer and learn some of these strategies to get you into a home.

What Sellers Look for in an Offer

The seller is king right now. Will this shift? Time will tell (especially as we watch inventory and interest rates). What’s driving this competitive market is the low housing inventory. There are so many buyers vying for the same house that buyers are putting their best foot forward, and then some! So, what are these privileged sellers looking for?

4 Easy Steps to Packing Up Your Home

Packing and moving is no easy chore! The longer you’ve lived in a home, the more stuff you accumulate over the years. Clothing, cookware, tools, kids stuff, and more fills your closets, basement, and garage. Trying to figure out what to do with it all can feel overwhelming! 

How to Juggle the Double – 5 Steps to Selling & Buying a Home at the Same Time

If you want to move on to your dream home, but you need to sell first, how do you do it? What happens if you have to sell your home in order to buy a home? Many people find themselves in this situation because they need the proceeds of their home sale to fund the purchase of their next home. This holds sellers back because they don’t know how to move forward. Let’s look at five options that will help you “juggle the double” of selling and buying a home!