Contact

C: (717) 572-7236

O: (717) 740-2221

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.

https://www.flipsnack.com/BB7BF8CC5A8/kw-top-50-neighborhoods-guide-suburb-home/full-view.html

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

YOU MIGHT ALSO ENJOY
Why Summer Might Be the Best Time for You to Buy a Home

When most people think about buying a home, spring tends to get all the attention. But summer? It might just be the hidden sweet spot for homebuyers. If you’re considering a move, here’s why the summer season could work in your favor.
Should You Renovate or Move?

Should You Renovate or Move?
One of the biggest questions homeowners begin asking when their current home no longer fits their lifestyle is this: Should we renovate… or should we move?
Should You Renovate or Move?

One of the biggest questions homeowners begin asking once their current home no longer fits their needs is this: Should we renovate… or should we move? There’s no one-size-fits-all answer. But there are several important factors worth carefully considering before making your decision.
Minute Market Update | June 2026

“Is now a good time to buy a house? If you are waiting on that dream home, remember the saying: “The best time to buy real estate was yesterday. The second best time is today.”
5 Signs You’ve Outgrown Your Current Home

Many homeowners stay in homes they’ve emotionally attached to long after the space no longer supports the way they want to live. Here are five signs it may be time to consider making a move.
5 Signs You’ve Outgrown Your Current Home

Many homeowners stay emotionally attached to a home long after it no longer fits their season of life. In this video, I’m sharing 5 signs it may be time to consider making a move—and how to know when your next chapter may be waiting for you somewhere new.