KEY POINTS Thanks to tightened inventory, housing prices have been on the rise across the country. In some states, prices are hitting levels not seen since before the financial crisis,
Good News For Central PA Real Estate
The increase in the second quarter marks the eighth consecutive quarter of increased home sales in our area. ”Median home sale prices increased in the second quarter, up 0.1 percent from the second quarter of 2012. According to Central Penn Multi-List, Inc., the median sale price of residential homes increased to $163,000, compared to the median cost of $162,900 in the second quarter of 2012.
“The stability in median home sales price in the region continued in the second quarter.” says Pion. “Over the last several quarters, median sales price has increased modestly and I believe these increases, coupled with the increases in units sold, reflect a healthy real estate market in the greater Harrisburg area.” The Sentinel/Cumberlink.com
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Inman Weekly: The housing market is about to open up to sellers in a big way. According to experts, changes in the tax plan under the Trump Administration mean it is getting