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!


Pricing Your Home to Sell 

What is the big deal about pricing your home right to sell? As a home seller, you may be thinking, “Wow, this market is great. There are so many buyers looking for homes they’ll pay anything! I’ll just mark my price up and see what offer I get.”

Unfortunately, this kind of thinking backfires. Even though buyers are looking for homes, they are pretty savvy and know what homes are selling for. Also, their real estate agent will be checking comparable homes to see what your home should be listed for and how your home compares to other homes on the market.

8 Must Haves for Your “Final Home” Purchase

In all cases, this “final home” purchase feels heavy. There’s a lot of pressure to find the perfect home. Here are some considerations to keep in mind if you are preparing to find your forever home.

11 Summer Fun Activities Within An Easy Drive of Lancaster County

One thing that is so great about living in Lancaster County is that you are a short drive to fun attractions in neighboring counties! There are so many places to visit you could fill up every weekend trying something new. Some of these are my favorites, while others are on my bucket list. I would love to know your favorites!

Is A Multi-Generational Home Right for You?

Multi-generational living is on the rise. It’s not unusual for grandparents, parents, and children to live under the same roof. But is multi-generational living right for you? Let’s take a look at the pros and cons of living in the same home with several generations of one family.

The 2024 Housing Market is Heating Up | Lancaster County, PA

This year’s housing market is off to a great start! Are you a home buyer or a home seller? Are you curious to know the latest 2024 spring housing market stats? Let’s take a look at what’s happening with the housing market both locally in the Lancaster, Pennsylvania, area and nationally. We’ll take a look at home sales, housing inventory, home prices, and other key points.