We Specialize In These Pennsylvania Area Communities

Camp Hill - Carlisle - Dillsburg
Elizabethtown - Enola - Hershey - Hummelstown
Lemoyne - New Cumberland - Lewisberry - Perry County
Mechanicsburg - Boiling Springs - Middletown - Palmyra - Harrisburg

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3 Changes to Our Real Estate Market


Here are the three biggest changes to note in our Harrisburg market.
There are a variety of opportunities in the Central Pennsylvania real estate market for both buyers and sellers.
If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

What are the biggest changes that have occurred in our market due to COVID-19, and what can you do to take advantage of these adjustments? 

1. Interest rates have dropped. In April 2019, rates hovered around 4%, and everyone thought they wouldn’t get any lower. However, now they’ve decreased to about 3%. Though they’re beginning to creep back up, they’re still historically low. Consider locking in a low interest rate now; just because you get approved for a house doesn’t mean you’ll get the lowest rate, they’re predicated on several factors—two of the most crucial are your debt ratio and your credit score.
You shouldn’t be timing the market; it’s time to be in the market.
To qualify for a low rate, the best things you can do are improve your credit score and decrease your debt. If you’re currently a homeowner, you can take advantage of the low rates through refinancing. 

2. The peak listing season has shifted. Usually, new listings steadily increase from February to May, meaning spring is the peak season. However, due to the pandemic,  the peak time for 2020 is June through August. You shouldn’t be timing the market; it’s time to be in the market. Don’t wait until autumn or spring to list. In a traditional market, many real estate agents advise their clients to list in these seasons, but in this environment, you should list now while inventory is so low. This will ensure you’ll have the best home selling options possible. 

3. The median price has increased. After more than a decade of decline, the year-over-year price has increased. Over the last year, the median price has risen from $212,000 to $228,000. We don’t know what will happen in the future, so sellers should take advantage of the market now. The best time to buy is whenever you can. 

The housing market will always increase over time. For example, if you bought a home for $250,000 with a mortgage of $1,500 per month, you’d generate $50,000 worth of equity in just five years. If you rented that same home for that same monthly payment for five years, you would end up paying someone else $90,000.

If you have further questions about our 2020 market or any real estate needs, we can help. Email us or schedule a free, 15-minute video or phone consultation, and let us help you navigate your real estate needs. Stay safe out there!

Custom Farinelli-Built Home in Mechanicsburg!


Check out what 318 Southview Drive in Mechanicsburg has to offer!
There are a variety of opportunities in the Central Pennsylvania real estate market for both buyers and sellers.
If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Today I’m joined by Jeff Dapp, senior listing specialist with the Joy Daniels Real Estate Group, to show you a truly amazing home in Mechanicsburg: 318 Southview Drive. The home, which is part of the lovely Meadow View Estates, totals 4,000 square feet and boasts five bedrooms and five-and-a-half bathrooms. It’s a Farinelli-built masterpiece with tons of upgrades, and we’re excited to showcase its unique features!

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure:

1:16 — Introducing George Kunzweiler, project manager at Farinelli Homes 

2:00 — Why this home’s structural integrity is a cut above other homes on the market

2:49 — What makes the kitchen so beautiful?

3:52 — George explains the top-of-the-line energy efficiency of the home 

4:50 — Getting to know the Meadow View Estates community 

5:13 — Wrapping up today’s showcase 

I hope you enjoyed seeing this one-of-a-kind property and learning more about its top-to-bottom quality. If you’re interested in finding out more, or simply have real estate-related questions, please feel free to reach out to us via phone or email at any time. We look forward to hearing from you! 

What Will You Learn at Our Seller Workshop?


Here’s what you’ll learn at our virtual seller’s workshop.
There are a variety of opportunities in the Central Pennsylvania real estate market for both buyers and sellers.
If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.

Are you thinking about selling your Central PA home in the next year, or are you curious about homes being shown in the current market? If your answer is yes to either or both questions, you’re invited to our  virtual home selling workshop on June 30 from 6:30 p.m. to 7:30 p.m. It’s called “How to Get Top Dollar During Uncertain Times” and we’ll answer all of your home-selling questions.

We’ll talk about how to prepare your home in today’s market, and we’ll have a lender and home inspector join us to answer all of your questions. If you have specific questions, please submit them in advance so we can try to answer them during the event. Here are some starter questions we’ll discuss:

  • Is COVID-19 affecting prices?
  • Are buyers motivated right now?
  • Can my home be sold safely?
  • Are home prices dropping?
  • Is now a good time to sell? 
  • What mistakes should I avoid?
  • How do I get rid of my stuff?
  • How do I attract homebuyers now?
  • Should I pre-inspect my home?
  • Can I purchase a home before selling my current one?

If you’re thinking about selling your home, reserve your spot today. Space is limited to 20 homeowners so don’t delay! If you have any questions about the event or real estate, don’t hesitate to reach out via phone or email. We look forward to hearing from you.