Listing inventory stabilized but remained low as sales surged. Total listing inventory stayed consistent at 1,586 units, 2020 from the 1,582 units in 2019. New listing inventory increased from 567 units in 2019 to 658 units in 2020. Overall, the total units sold in Continue Reading
Should I Sell My Home This Year?
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost Continue Reading
Buying a Home Early Can Increase Your Future Wealth!
In an Urban Institute Study, it was founded that homeowners who purchased a house before they were 35, were generally better prepared for retirement at age 60. And it appears that the younger generation are strong believers in homeownership. According to a Continue Reading
December 2019 Market Update
Price trends increased as listing inventory slipped. The median sales price increased by 3.6% from December 2018, while the average sales price increased by 7%. While the listing inventory slipped over the year-end period by about 5%, the number of sales increased Continue Reading
Business Spotlight
Thank you Faulkner Nissan Harrisburg for featuring NextHome Capital Realty as a business spotlight this month! Check out their post here to see what sets NextHome Capital Realty apart from other real estate companies in the Central PA area! Continue Reading
November 2019 Market Update
The number of sales for November was down due to the lack of inventory in the Cumberland, Dauphin, and Perry counties. While the total median sales price increased, there was a significant drop in the median cumulative days on the market due to the shortage of listing Continue Reading
October 2019 Market Update
October sales continued to rise while listing inventory continued to fall. Median sales price increased from $178,000, 2018 by 8.1% to $192,500, 2019 while the average sale price increased from $206,469, 2018 by 7.1% to $221,034, 2019. Units sold increased from 611 to Continue Reading
September 2019 Central PA Market Report
The number of sales in the Greater Harrisburg area jumped 18.1% to 607 from the year-ago quarter as listing inventory drifted 10% lower to 1,855 over the same period. The sharp drop in mortgage rates over the past year has created additional demand. The pace of the Continue Reading
Camp Hill Harvest Hop 2019
We had a great turnout for the Camp Hill Harvest Hop this year! Thank you to everyone who stopped by to say hello, we love to engage and meet our neighbors in Camp Hill and surrounding areas! A big thank you to Pizza Boy Brewery for donating the beer for this year's beer Continue Reading
August 2019 Housing Market Update
Mortgage rates are down 1% from last year which has made sales swing upward. Median sales price increased from the year-ago quarter to $199,500 while the average sale price also increased to $224,186 from $209,726 (August 2018). The average days on market decreased from Continue Reading
A top-producing agent in the Central Pennsylvania real estate market for over 18 years, Michael has what it takes to get you the results you deserve.