eClosings Are Coming to Real Estate Settlements Sooner Than You Might Think

Real estate settlements in Pennsylvania have always been an emotional event for buyers and sellers.  It’s a time for beginning a new chapter in a buyer’s life or the closing of a book for the seller.  In most cases it is a relatively joyous event when a property transfers to a new owner.

But one of the pain points of a real estate settlement is the actual event itself.  Between trying to coordinate everyone’s schedules (i.e. buyer, seller, buyer’s agent, seller’s agent, title company, attorney, mortgage lender, babysitter for the kids, travel to the location, navigating traffic, etc.) to signing a pile of paperwork, it’s not as fun-filled as you might have imagined.

But all of this is about to change . . . and in a big way!  eClosings are coming to a real estate settlement near you. Continue reading

Lancaster County Real Estate Market Statistics for August 2016

Where has the year gone?  Kids are now back in school; football season is under way; backyard gardens have been harvested – – – and the August market stats are in.

NOTE: Click on any of the charts to enlarge and/or download.

august-2016-average-sales-price

The average sales price in Lancaster County is up 1% from last year at this time.  Although a small increase, this continues an upward trend that indicates that the overall residential real estate market continues to rebound from the recession. Continue reading