Attention Grabbing Headlines Causing Consumers to Worry ...Unnecessarily

 National housing news can be, and often is, very different from the housing news in South Central PA. We have an extremely stable housing market for a variety of reasons. For one, Central PA is not a tourism mecca. Yet, there are so many things to do in this region. The greater Harrisburg area is a transportation hub making our location easily accessible. If you cannot find the entertainment, shopping, or sporting events you are looking for locally, you can be an hour   and a half to Philadelphia and Baltimore or three hours to New York City.

     When you are seeing home prices declining in national news, these statistics factor in areas where the cost of living and tourism are three and four times higher than our local region. Our area is still appreciating, just not at double digit levels.

     Where we are trending with national news is in the decline of home sales by approximately 20%. However, if you only look at the click bait, you could miss out on the reason why. In 2019, our national inventory was about two million homes for sale. Currently, we are hovering around a million homes in inventory. Locally, we have less homes to sell than ever before and it continues to decline.

     Central PA’s median days on market is seven days, ranking the Harrisburg area #9 on Stacker’s list of the 50 fastest selling metros in the nation as sourced by Redfin data. “Harrisburg’s vibrant real estate market boasts an extraordinary phenomenon where home sales unfold at a remarkable pace, making it one of the quickest in the nation,” said the Greater Harrisburg Association of Realtors President.

     While media and advertising focus on clicks, real people need real information from a source they can trust. You don’t need to be buying or selling real estate to talk to your real estate resource, the Jennifer Hollister Group. Your home advisors are available anytime to simply bring you real estate information with insight 24/7.