Homebuyers want lower home prices and lower mortgage rates. The good news? Both of these have eased a bit. Home prices are moderating and interest rates have come down. This makes homebuying more affordable. The shift also cautions home sellers against overpricing. From 2020 to 2021 we saw home price appreciation at 20%. Experts predict single digit appreciation this year, which is a more normal pace. If you’re thinking of making a move, let’s chat.
Why Waiting to Buy a Home in Lancaster County Could Cost You
If you are financially prepared to buy a home and you’re continuing to rent because you’re frustrated with the market or haven’t found the perfect house, I think it’s worth looking at what waiting could cost you. Especially here in Lancaster County.
