I am a firm believer in letting the economy adjust on it's own. The more the government interferes with it, I believe that the longer it will take to fix itself. We don't need any more tax credits. Buyer's already get plenty of tax benefits to home ownership and maybe that is where the focus should be right now. Offering tax credits multiple times has some buyers wanting to wait until they are offered again. Instead of relying on govt hand outs we, as a group, should really be broadcasting all the great reasons why buying right now is fantastic and will offer a great wealth building platform, tax benefits, etc. We have seen some bottoming out, and I believe recovery will take some time, but we don't need any more help from the government.... more
While Trulia is one link to use to get a "view" of the current market, it is not the best, as Trulia also includes the short sales and foreclosures in the mix. A Real Estate Agent can give you a better picture of the current market through market comparbles, condition of your home and surrounding area.... more
I can do a free comparative market analysis for you I am very familiar with the Mechanicsburg area. If you want a fast response email me firstname.lastname@example.org with your contact information. Thanks... more
I've been looking at the houses. I'd really like to vision what it will look like as it matures. It's a bit too new for my taste, but the builder is apparently very eager to finish and deals are to be had for upgrades. I find the houses on the upper end to be very attractive without going "peak crazy". In 15 years all those peaks will date the house like poofy bangs in the early nineties. Ryan Homes have a more classic with a dash of contemporary thrown in look.
To be honest, we're still considering it. We just have to get over moving beyond 32nd street.... more
Your Real Estate Agent has personal knowledge of your area and market conditions.
Computer responses to questions don't consider all aspects of your market and the specific property you inquired on.... more
Many of our customers ask this question of us as they mull over the issues of price vs features. There are a few logical ways to evaluate your options. First of all, when you are shopping "spec" homes in a standardized community vs "real" custom - it's almost like comparing apples to oranges. How much do you want to spend to get your most important NEEDS and how many WANTS come with it? You almost need to make a comparitive list. For example, we represent EGSTOLTZFUS @ Winding Hills in Upper Allen Twp. It is amazing to see the standard specifications that come with their 15 standardized models. This list holds up well when compared to many custom homes priced between $325K - $550K. The reason that builders have only certain models that they will build is because they can predict the costs.....they have built the home time and time again...they know up front what their profit margin will be. Amazingly, when you write a contract with EGSTOLTZFUS you know at the very beginning exactly WHEN that home will be delivered!! At the beginning of this wonderful subdivision, we delivered 39 homes one each for 39 weeks and never missed a delivery date!! Now, this is just one example that I can speak to. However, in our 20 years of business, we have had our customers choose to build a completely custom home as well.....original plans and every detail customized to meet the buyers requests. Two of the best builders in our area, in my opinion are Michael Martin and Don Farinelli...both of whom are builders in the Estate lots at Winding Hills. Their style, standards of excellence and build quality are second to none. The price differencial is significant, but the value is there for the discriminating buyer. Ok, your last part of your question deals with appreciation and resale....NOW, here's the kick. This is ALL governed by supply and demand. No one has a crystal ball. BUT, let's look at this example - if you went with the first scenario and built a production home (one of 15 set styles to choose from) and maybe you chose the smaller home with the lower build price. As the development grows - as more homes are built - your home gains value each year - due to material costs and available lots. Think about this: it is always BEST to have the smaller home in a neighborhood of many more larger homes....as your home value increases faster. The MOST expensive home in the subdivision, the one setting the benchmark is always harder to resell.
Did I give you enough to think about? Would you like to contact either myself or my husband? (we work as a team) We are available 24/7 to give you advice as well as guidence throughout your selection process. Our direct dial is 717-979-1871 or 717-579-9273. You are welcome to email us as well: email@example.com.... more