The phone rings and it is the daughter of a friend. Or maybe an old highschool acquaintance. Neighbor. Past client. They are interested in doing what I do. Full of energy. Almost all of them tell me they watch most of the HGTV house buying/selling/flipping/designing shows. They love looking at houses. I have to pause and remember what I promised myself a few years ago. When I first got into this business it wasn't long until my old brokerage asked me to mentor new real estate agents. The same demeanor that helps me form successful working relationships with clients today led to a thought that I would be a great ambassador for new Realtors 20+ years ago. Think again. The National Association of Realtors (NAR) announced that in 2023 they lost over 26,000* members. How does that happen? While there are some other factors (ie, selling real estate without being under the NAR umbrella, retirement, etc .. ) a reasonable assumption is an overwhelming majority of Realtors left the business
It has been 92+ months in a row that the median price of homes in the 717 area code have increased. The difference in median sales price from just one year ago is +8%. On the flipside, buyers in the 717 area do have *more* choices than they did last year. There are more homes available. Prices going up, but more homes available. This is not the same in other areas in the Mid-Atlantic region. What does all this mean? I started helping people buy and sell real estate over 20 years ago. There have been highs and lows for buyers and sellers - but generally speaking they haven't been as high or low in Central Pennsylvania as they are in many other parts of the country and even within our own state. Make a move when you want to, not when the talking heads on the TV tell you it is time. *statistics courtesy of BrightMLS report Nov 13, 2023