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Market Conditions in 17404 : Real Estate Advice

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  • Home Buying5
  • Home Selling4
  • Market Conditions2

Activity 2
Tue Apr 2, 2013
J answered:
PA homeowners pay both a real estate tax AND a school tax. The RE tax is relatively reasonable but the School Tax can add as much as 200% to the total tax bill. Many tax assessments, however, have not been adjusted for the fall in real estate values in recent years. It's possible to appeal the current evaluation and have it reduced. I did this last year and received a 20% reduction. ... more
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Fri Apr 11, 2008
Brooke 'The Kiwi' Realtor answered:
Hi - Sw...Absolutely NOT - in fact the recent stats showed that York and in Particular Northern York area had over 15-20% increase in sales price but lower sales volume...

This is typical in this kind of market - Lower than usual volume and still an increase in sales prices etc and values in general. PA Statewide just had 2-3% (depending on who you talk to) growth last year - that's right 2007 when the Nation had -3% Growth...

Go back to your Agent / Broker (or contact a Realtor you trust) and DOUBLE CHECK THE CMA Values to see if there are threats or allies in the area currently on the market. GO SEE THEM ALL - if you need to (or your Realtor could?) and check for upgrades etc.

If in doubt get an appraisal! Now let's look at this picture a little broader here for a moment...

If you can beat down the current sellers in the market when you buy and offset your PERCEIVED VALUE LOSS on your sale end you can start to see that it could balance out in your favor???...
Get a good set of strategies and counter strategies in this market my friend...Hope this helps!
... more
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