July Fed Meeting Update

    During the July 26th press conference, the Federal Reserve Chair, Jerome Powell, announced that interest rates would increase by .25 points. As directed by Congress, he said, “The Federal Reserve’s job is to get inflation under control and restore price stability.”   They are looking for more

Attention Grabbing Headlines Causing Consumers to Worry ...Unnecessarily

 National housing news can be, and often is, very different from the housing news in South Central PA. We have an extremely stable housing market for a variety of reasons. For one, Central PA is not a tourism mecca. Yet, there are so many things to do in this region. The greater Harrisburg area is

Economic Update: Why don’t economists think this will be like the great recession?

    The short answer is strict lending practices, equity in the market and the continued low inventory of homes.   The declining inventory of homes is still putting upward pressure on prices. While it looks like a recession is still possible, homes for sale are still selling fast and often for mor