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Shower Nirvana: 4 Upgrades That Make Bathing Better

by Don Roth

Think about this: Most of the days in your life will probably begin or end with a shower.

Your bathing routine can be the perfect start (or end) to your day, but a so-so shower setup can start you off on the wrong foot. So, if you’re not 100 percent stoked about your current situation, try one of these big-impact additions.

Since everyone’s shower budget is different, we collected ideas from a range of prices. Choose the upgrade that works best for you!

1. Eucalyptus Experience: $10

If you’re into woodsy scents and a natural atmosphere, eucalyptus is for you. Simply purchase a bundle of eucalyptus (available at most flower and natural grocery stores) and hang it in your shower where it won’t get wet. Humidity from the steamy water will cause the plant to release its essential oils, giving you a therapeutic experience with no extra effort.

2. Shower Caddy Upgrade: $50

If you’re living a caddy-less existence (or your current storage rack has a distinct “dorm room vibe”), an upgrade will make a big difference. I use the Zenith Kemp Caddy ($50) because it’s large enough for all of my stuff, and also has nice spots to hang several razors. Plus, I’ve had some bad tension rod experiences in the past, so this over-the-shower model is my jam. 

But, if you love tension rods, we’ve heard good things about this slightly more expensive model by simplehuman.

3. Singing Showerhead: $150

Would you be happier if your showers came with musical accompaniment? Probably. To test the waters, bring a stereo or phone into the bathroom with you and pump some tunes (or news, podcasts, audio books, etc.) just to see how you like it.

If you dig the experience, you may want to invest in a Bluetooth showerhead (especially because the stereo/phone set-up will be difficult to hear). The Kohler Moxie Showerhead is one of the most popular options on the market, so that’s a good place to start looking. However, if you have a cutting-edge showerhead you don’t want to part with, consider a suction-cup stereo instead.

Tip: Whatever you choose, make sure you keep the volume control near the shower – it’s going to sound extremely loud once you shut the water off!

4. Toasty Bathroom Floors: $2,000 and Up

You may associate heated bathroom floors with luxury hotels and Mark Zuckerberg’s house, but they’re not actually that out of reach! If you have a healthy budget ($2,000- $15,000 depending on the system you install), radiant floor heating (RFH) can be yours, too.  

So, if icy-cold tiles are consistently making your shower exits less enjoyable, radiant floor heating may be just the thing.

Tip: Like all remodeling projects, there are benefits and drawbacks to RFH. For more information, check out this article weighing pros and cons of heating your bathroom floor by Angie’s List.

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Is the Stock Market Hurting Housing?

by Don Roth

So far, 2014 has been tough on stocks. Most major stock-market barometers are down, and down significantly. The Wilshire 5000 Composite Index , which encompasses nearly the entire U.S. stock market is down nearly 5% for the year.

So what does the stock market have to do with housing?

Most of us own stocks – either directly, through mutual funds, through a 401(k), or through an individual retirement account (IRA). What happens in the stock market effects our wealth position. Therefore, the stock market has a wealth effect: when the stock market goes up we feel more wealthy; when it goes down we feel less wealthy. How we feel impacts buying decisions, particularly for big-ticket items like homes.

It's plausible that the recent slowdown in housing activity is correlated at least somewhat with the recent down-drift in stock prices. People are hesitant to jump in the housing market when they see the stock market slump. They feel a little poorer, so they tend to resist the urge to take the plunge on a big-ticket item.

Of course, housing activity isn't dependent solely on the stock market, but the stock market does provide some insight to the outlook on the overall economy. The good news is that stock market has improved over the past week. Now we would like to see the stock market sustain recent gains and see those gains lead to more economic growth, and, of course, growth in housing activity.

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Harrisburg PA Mortgage Market Recap – February 10, 2014

by Don Roth

When Prognostications Go Slightly Awry

At the beginning of the year, we predicted that mortgage rates would end the year higher. Specifically, we predicted the 30-year fixed-rate loan would be quoted above 5%. To be sure, the year is still young. We're only into the first full week of February, but so far mortgage rates have been countering our opinion.

For the fifth-consecutive week, mortgage rates again drifted lower. On the national scene, Bankrate.com's survey shows the rate on the 30-year loan dropped seven basis points to 4.43%. Freddie Mac's survey shows the average rate on the same loan at 4.23%, nine basis lower from the previous week.

We're not quite ready to throw in the towel on our initial prediction. There are still 11 months left in the year. After all, we were right when we predicted the Federal Reserve would begin backing away from the U.S. Treasury and mortgage-backed-securities (MBS) markets. When that occurred, interest rates should have began to rise. Instead, the opposite occurred.

Last week, we mentioned there were extenuating circumstances that lead to lower interest rates, namely concerns about emerging markets that had investors seeking the haven of U.S. government debt. Similar circumstances continue to impact our lending markets to this day, only in a slightly different incarnation. This past week, Russia and Argentina suffered minor currency crises, which motivated even more investors to seek shelter in U.S. government debt.

Economic growth in China, the world's second-largest economy, further muddied the outlook for our own economy. China, in short, is struggling to maintain its high level of economic growth. Even though China is on the other side of the globe, it impacts our economic outlook because no country is an island anymore: economies and markets are interconnected. Enough U.S. companies do business in China so that a slowdown in China could hinder our own economic growth.

We've said more times than we can count that economic growth and job growth are the lead variables to sustaining a healthy housing market. We understand the desire for low mortgage-lending rates, but we would trade today's low rates for more growth, particularly job growth, in a heartbeat. Low interest rates simply lack the ”oomph” they carried a couple years ago.

We say that because despite mortgage rates falling over the past month, purchase applications still are unable to develop a sustained upward trend. The Mortgage Bankers Association's latest survey shows purchase applications were down 4% after posting a couple weeks of tepid gains. We understand that cash purchases are important contributors to housing sales, but the majority of buyers till use a mortgage to finance their purchase. Unfortunately, prospects for a pick up in new- and existing-home sales look discouraging for the near term.

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Harrrisburg In Top 50 Places To Find a Job

by Don Roth

Beyond.com has just published their Q4 2013 analysis of the best places to hire and get hired nationwide. And guess who is in the Top 10 of with the most job opportunities per capita...Harrisburg PA! Take a look...

Click here for a larger view.

where the job are

where the candidates are

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

 

Be Productive at Home: 7 Uses for Downtime

by Don Roth

You probably have more free time than you realize. It just comes in really small doses. 

Yes, your day is filled with a hundred tasks – work, appointments, grocery shopping and (sometimes) the gym. The list goes on. But between all of that rigmarole there are actually bite-sized pieces of “downtime.”

Example: Those three extra minutes you wait by the front door while your kids are getting ready for school, which you spend playing Candy Crush.

You can make better use of these moments! Here are seven common “downtime” situations and a quick chore you can tackle when they occur.

1. Kitchen: Your Water is Taking Forever to Boil

You know that watching it won’t speed things up, but it’s tempting to stare at those tiny little bubbles anyway, tapping your foot and waiting for the boil party.

Try this instead: Check your dishwasher situation. If it’s clean, empty it out! If it’s dirty, do a quick lap around the house and fill it up. 

2. Laundry Room: The Dryer Cycle Isn’t Quite Done

Everybody jumps the gun sometimes and heads to the laundry room expecting dry clothes but instead finds 2-5 minutes left on the timer. Don’t walk away!

Try this instead: Grab a damp cloth or sponge and clean the tops and sides of your washing machine. If you arrived really early, give your washer and dryer a full clean.

3. Bathroom: Your Bath is Filling Up

It’s tempting to just sit back and imagine the relaxing awesomeness that you’re about to enjoy, but it’s not very productive.

Try this instead: Do a lightning clean. Make sure there is ample toilet paper on the roll and refill the soap dispenser if it’s down to the dregs. Then empty the trash and remove any stray reading materials. By then, it’ll be bath time.

4. Entryway: Your Ride is Late Picking You Up

You’re dressed. Shoes and coat are on. You look fantastic. But your ride is nowhere in sight. Don’t get on Twitter!

Try this instead: Look around. See a bunch of shoes or other entryway-related clutter? Snatch it up and put it where it belongs.

5. Bedroom: You Woke Up 5 Minutes Early

This one is not easy. It’s tempting to wake up, see the time, realize you can go back to sleep for a few minutes, and do exactly that. Resist the urge.

Try this instead: Snatch up any dirty clothes lying on the floor (or stuffed into the closet) and throw them into the hamper.

6. Living Room: The TV Show Went to Commercial

Orange is the New Black may be commercial free, but ads do still happen occasionally. And guess what? You don’t need to learn more about the benefits of owning a Snuggie.

Try this instead: Grab any stray cups or dishes and take them to the dishwasher. If you have extra time, wash a few of them in the sink.

7. Dining Room: The Food Isn’t Ready Yet

In this situation, you’re doing yourself a favor by staying busy – nothing is more frustrating than sitting in your chair, smelling a dinner that you can’t eat yet.

Try this instead: Audit your cutting boards and make sure they’re still safe! Cutting boards can harbor harmful bacteria like Salmonella and E. Coli, so take five minutes and give them a closer look.

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

7 Ways to Make Your Entryway More Inviting

by Don Roth

Never underestimate the importance of first impressions. Your entryway is the first thing a guest sees when they step into your home, so it should shout “Welcome!” Think of your entryway or foyer as the space that sets the tone for the rest of your home.

But what if your entryway isn’t up to snuff? Instead of welcoming your guests, it may be sending off a completely different vibe. Change that!

Add some charm to this space with a few simple adjustments.

1. Clear Away Clutter

If your entryway is tight and full of clutter, it can feel overwhelming. Keep this area feeling spacious and clean by eliminating clutter and properly storing coats and shoes by your front door or in a closet. This is especially important if you don’t have a mudroom.

2. Switch to Light Curtains

If you have windows in your foyer, fit them with lighter-fabric curtains that will let in some natural sunlight. If natural lighting isn’t possible, consider adding wall lighting for a warm, soft glow. Tip: Overhead lighting can feel harsh, so avoid it unless the lighting fixture has a decorative touch such as pendant lighting or chandeliers.

3. Add Mirrors

Hanging a large mirror on the wall or above a piece of furniture is an easy way to make small entryways feel larger than they actually are. This will also make the space brighter, because mirrors will reflect light and help it bounce from wall to wall.

4. Display Treasured Items in a Tablescape

A tablescape is a tabletop display of your most cherished items arranged in an organized fashion. To make your own, push a small chest or table against the wall. Then, decorate the top of the table! The items you choose should be an extension of your personality and past experiences. Design Tip: A tablescape looks best if the accessories are different heights and shapes. We also recommend you follow the 60-30-10 rule for a color palette.

5. Infuse Inviting Aromas

There’s a reason why realtors always want the home they’re selling to smell like fresh-baked cookies! Baking scents such as vanilla and cinnamon are inviting and comforting, so they’ll make your guests feel at home. Consider keeping candles, air fresheners or reed diffusers near your entryway.

6. Bring the Outdoors In

If your front door opens directly into a living room or kitchen, large floor plants can help create the illusion of an entryway. Their presence wiill help define the space between the front door and the rest of the living area. Tip: If you have a small foyer, add small potted plants or succulents on a table or shelf.

7. Don’t Forget the Floors

If you have hardwood or tile flooring in your entryway, add some texture by laying down a floor runner or rug. This can completely transform the vibe your entryway gives off to your guests. Tip: Oriental or patterned rugs are a great choice because they tend to hide dirt and wear well.

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Not Quite Where We'd Like to Be

by Don Roth

For the past year (if not longer), we've been preaching that economic growth, not interest rates will drive housing. To be sure, it was encouraging to see purchase-application activity pick up on lower rates. Unfortunately, cash is still king. The NAR's latest sales data show cash buyers comprised 32% of existing home sales in December. Therefore, a 2% uptick in purchase applications isn't as meaningful as it would have been a decade ago.

Whether mortgage rates are lower or higher, they don't appear to have much impact on home sales these days. Sales of existing homes bounced back in December from a very weak November, but not by much. Sales for the month came in at 4.87 million units, which is about where they were 18 months ago. Unfortunately, sales remain significantly below where they were this past summer. Interestingly, during that time, mortgages rates were rising as monthly sales were rising. Source: Econoday

For this coming week we'd like to see the Federal Reserve's data show stronger economic growth. In addition, we'd like to see that data supported by strong fourth-quarter-2013 GDP growth. If strong economic growth is supported with strong job growth, a 5% rate on the 30-year loan will still be an affordable rate in the grand scheme of things.

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

 

Harrisburg PA Mortgage Market Recap – January 30, 2014

by Don Roth

Defying Consensus Estimates

We, along with most everyone else , believe interest rates will rise in 2014. If you were to ask most mortgage bankers where the rate on the 30-year fixed-rate loan will be on Dec. 31, 2014, you'll likely get a response of 5% or above.

To be sure, the year is still young, but mortgage rates have defied the majority opinion by trending down, not up. This past week, rates were either steady or slightly down across the board. Bankrate.com's weekly survey shows an average rate of 4.56% on the 30-year loan. Freddie Mac's survey shows the 30-year loan averaging 4.39%, two basis points lower than last week.

Depending on your local market, the rate on the 30-year loan has dropped from 10-to-15 basis points in this new year. Rates have dropped despite the Federal Reserve announcing it was reducing its purchases of mortgage-backed securities.

We're not terribly surprised mortgage rates have been falling. At the beginning of the year, the 10-year U.S. Treasury note was yielding above 3%. As we write, the yield is below 2.8%. (To get a rough idea of where the 30-year fixed-rate mortgage is headed, follow the yield on the 10-year Treasury note, which you can readily find at most financial portals .)

The upside of lower mortgage rates has been an uptick in both refinance and purchase application activity. The Mortgage Bankers Association 's latest survey shows refinance applications were up 10% last week, while purchase applications were up 2%.

The downside is that lower rates have come tethered to lower job growth. We mentioned last week that we were sorely disappointed in the December payroll numbers. Job growth for the month was far below expectations.

Later next week, we'll get an idea if December's employment numbers were simply an anomaly that's unrelated to the economy. Preliminary data point to gross domestic product (GDP) growing 3% on an annualized rate for the fourth quarter of 2013. Let's hope that growth is moving ahead at least that much. If growth meets or beats exceptions, December's weak job numbers will likely have been a one-off aberration, and not the start of a new trend.

The Federal Reserve will also influence interest rates this coming week. Fed officials are scheduled to convene on Tuesday. On Wednesday, we'll be privy to what they discussed. Most likely, we'll hear that the Fed still supports holding interest rates low into the distant future. But for the immediate future, rates could still rise or fall depending on the Fed's outlook on the economy.

The bottom line is that we expect to see some volatility in mortgage rates over the coming week, with most of it occurring on Wednesday and Thursday.

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

 

 

 

 

Lowering the temperature of your thermostat can do more than reduce your energy bill (although we think that benefit is so awesome that it still made the list). Dropping temps just two to five degrees can also help you lose weight and provide a better night’s sleep.

If you’re not ready take the temperature plunge 24/7, consider only dropping household temps at night or while you’re at work. Tests show that lowering your home’s temperature for at least four hours a day will make a difference.

Here are five ways that lowering your thermostat can improve your life:

Below 75 Degrees: Prolong the Life of Plants

Give houseplants a longer lease on life by dropping below 75 degrees. We’ll spare you the science as to why this works, but basically, plants need less water when they’re cool. This is especially handy if you’re heading out of town. The chances of coming home to lifeless leaves will be much less likely (unless you have tropical plants)!

Below 70 Degrees: Lose Weight (Without Hitting the Gym)

Move over “diet and exercise,” there’s a new weight loss secret in town! To shed a few pounds, drop your thermostat below 70 degrees. You don’t want the room to be so cold that you’re shivering and uncomfortable, but cool enough so that a light sweater feels perfect.

Here’s how it works: When the temperature drops, your energy expenditure increases, so you burn more calories (roughly 100 more a day). Over a period of several weeks, that increased energy can translate into an extra 3,500 calories burned, which means one lost pound.

Below 65 Degrees: Extend the Life of Your Fridge

Your refrigerator and freezer work really hard to keep your food safe and fresh, so cut them some slack. When your home is cooler, these large appliances don’t have to work as hard to keep your food cool. This can translate into fewer maintenance problems and a longer appliance lifespan.

The lower your thermostat, the easier things are for your fridge and freezer, so try dropping the temps dramatically for a few days if you’re heading out of town. Just don’t go below 55 degrees Fahrenheit, or you’ll be battling frozen pipes!

Below 65 Degrees: Get a Better Night’s Sleep

If you want a better night’s sleep, lower your home’s temperature by about five degrees. This works because when you go to sleep, your “set point” – the temperature your brain needs to reach before going to sleep – is lowered. If your room is too hot, you’ll have a harder time reaching this point and falling asleep.

One Degree at a Time: Save Cash on Energy Bills

If the ‘ole energy bill is sucking up more cash then you’d like, look to your thermostat! Each one-degree drop can reduce your energy bill by 1-3 percent. Tip: To save even more money, drop your thermostat by five to ten degrees while you sleep. Not only will you get a better night’s sleep, you’ll lower your energy bill by 10-15 percent!

Information provided by BrightNest.com.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

A Mixed Blessing

by Don Roth

Do lenders prefer higher or lower interest rates? The answer isn't straightforward. Higher lending rates translate to higher income as long as the rate at which a lender borrows (generally a short-term rate) to fund a loan remains unchanged. On the flip side, higher rates lead to lower lending activity.

We still think higher lending rates are in our best interest long term. We've noted many times that higher rates are reflective of the two important market variables we mention above – economic growth and job growth. Both can easily compensate for higher rates. If job growth is accompanied with rising wages, home affordability remains relatively unchanged.

Higher rates also lead to more accommodating lending standards. We'll all agree that standards are tight today, possibly overly so. But Federal Reserve data lend credence to our assertion: When rates were rising last year, lending standards showed a measure of easing. This makes sense; higher rates lead to more profitable lending opportunities. What's more, the risk of lending to lower credit-quality borrowers is mitigated by price-appreciating collateral.

So rising rates are a mixed blessing, but a blessing that in the grand scheme of things will prove beneficial.  

Courtesy of Jessica Regan.

Search all Harrisburg PA homes for sale.

When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.

When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.

As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.

If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.

Displaying blog entries 321-330 of 694

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