Homes Becoming Less Affordable For First Time Buyers

Homes Becoming Less Affordable For First Time Buyers

This article from Bloomberg News is interesting.  It talks about how first-time buyers in certain markets have been shut out by rising home values.

Luckily, trends usually come late to Lancaster County <grin>.  Our real estate market was late to fall and lags some other markets in recovering.  My take on this article:  Act now before entry-level property prices rise too much here!

Click on the link at the bottom of this page to read the article.

Kirk Rohrig is concerned he may soon join the growing ranks of Americans shut out of the housing recovery and the financial benefits that spring from it.

Paul Snyder III Headshot
Phone: 717-278-3324
Dated: March 5th 2014
Views: 359
About Paul: I am a specialist in the management and sale of bank owned properties throughout SE and Central Penn...

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