Real Estate Information Archive

There is an old investing bromide that goes “the trend is your friend,” which means a directional market can lead to riches.

The trend in home prices is surely our friend. Indeed, the S&P/Case-Shiller home price index points to a trend that is becoming friendlier by the month. Case-Shiller's data show that home prices gained 0.9 percent month over month for June, posting a fifth-consecutive monthly gain. Just as important, price increases were widespread, with 18 of the 20 metropolitan regions Case-Shiller follows moving higher.

Most of the media commentary on the Case-Shiller data were positive. Of course, there were the usual caveats on the negative impact shadow inventory and distressed properties could still have (lest anyone get too confident). But these caveats are falling on deafer ears, and for good reason: distressed properties are also posting price increases.

RealtyTrac reports the average price of a foreclosure sold in the second quarter of 2012 rose 7 percent compared to the year-ago quarter. Foreclosure-related sales accounted for 23 percent of all home sales in the quarter, up 19 percent from last year. At the same time, the number of foreclosures and REOs coming to market declined 22 percent year over year.

In short, we have rising foreclosure prices, greater buyer interest in foreclosures, and fewer foreclosures hitting the market. These are all positives. If this trend continues, the shadow inventory will have proven to be a case of whistling past the graveyard: a little disconcerting, but harmless nonetheless.

We see no reason for the price trend to end. Existing homes sales are gaining momentum. The pending home sales index rose 2.4 percent in July compared to June. Year over year, the index is up 12.4 percent.

For all the price and sales gains recorded this year, homes still remain a value. Rental prices have kept pace with home price gains. In fact, price-to-rent ratios are where they were back in the late 1990s. Relatively speaking, a home is still a bargain.

But the bargain won't last forever, and maybe not even through 2013. The NAR projects existing home sales will rise 8-to-9 percent this year, followed by another 7-to-8 percent rise in 2013.

Today's mortgage-rate bargains also won't last forever. Yes, rates dropped close to recent lows this past week, but the drop occurred early in the week. As the week progressed, mortgage rates progressed higher after estimates of second-quarter 2012 gross domestic product were raised by the Commerce Department. In addition, the Federal Reserve's Beige Book showed the economy continued to expand in July and part of August.

When the economy kicks into gear so will loan demand, as will the price of loans – interest rates.

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.

Existing home sales gained traction in July, moving up 2.3 percent to 4.47 million units annualized, to partially reverse a 5.4-percent decline in June. The monthly existing home sales trend has been choppy for most of 2012, but going back to July 2011, the trend is mostly higher.

Price concessions appeared to be occurring in more existing home markets (or perhaps fewer markets experienced sharper concessions) in July; the national median price for an existing home declined 0.8 percent to $187,300. When viewed from a longer-term perspective, though, the median price looks encouraging – up 9.4 percent year over year.

Supply is one frequently mentioned factor for the choppy sales trend. Supply relative to the current sales rate is at 6.4 months, down from 6.5 months in June and 9.3 months in July 2011. Inventory levels remain far below the peak set in 2004. That's good news for prices, but maybe not so good news for sustaining an upward sales trajectory.

New home sales, on the other hand, continually make gains. July sales increased 3.6 percent to an annualized rate of 372,000 units, which beat the consensus estimate by 2,000 units. If we go back to June 2011, the trend in new home sales has been mostly up, and mostly unbroken.

As with existing home sales, new-home sales experienced a few more price concessions, though mostly in the lower-priced sectors. The national median price dropped 2.1 percent, to $224,200, for July. The dearth of inventory should keep future discounting in check. Inventory is a mere 4.6 months at the current sales pace, a 31-percent decline over the 6.7 months in July 2011.

The positive trends in pricing and sales are welcomed news, to be sure. But that doesn't mean everyone is content. Sluggish job growth continues to weigh on the economy, while articles on shadow inventory continue to capture headlines.

We are more sanguine than most on the housing recovery. The Wall Street Journal appears to share our sentiment. A recent WJS article reiterated a number of the more salient points we've been hitting on for the past year: namely that shadow inventory is a well-vetted issue, many of the homes in the inventory will never hit market because they are uninhabitable, many of the homes have been converted to rentals, and many of them have been disposed through orderly short sales.

The most important takeaway is that shadow inventory is well vetted. It's never the known issues that sink a recovery, it's always the unknown issues – those lurking in the shadows. That said, shadow inventory has long ceased to lurk in the shadows, which is why it really is no longer shadow inventory.

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.

July 2012 might be categorized as the good, the bad and the unknown. First, naturally the good news. The number of sold Central PA homes this July increased by 4.8% over July 2011 and there was a less than 1% decrease in the average sales price year over year in the greater Harrisburg area. This continues the moderate improvement in the real estate market in this area and I anticipate this will continue throughout the rest of 2012. The bad? Well we still have an excess supply of homes for sale at this point and although there continues to be an improvement in the numbers there are great opportunities for home buyers and sellers. Why? Although not a great percentage of the homes for sale are composed of short sales and foreclosures it appears that the perceived negative on home values continues in the market. And as has been discussed in many media outlets people are concerned about their home values being less than a few years ago and their own financial well being.

Even though Central Pennsylvania real estate has not been as affected negatively by the financial slowdown there has definitely been some pullback and caution that continues in the real estate market. The unknown is, at least today, the increases  experienced in mortgage interest rates and is the increase a temporary blip or the beginning of a trend towards higher rates? As an example rates on a 30 years fixed rate mortgage is up by .50% in the last two weeks and if the increases continue the purchasing power for buyers will decrease and be reflected in real estate values. I said two weeks ago that we never know when the interest rates hit the absolute bottom until they have already begun to increase. I do not think we are there yet and hopefully I am correct on that prognosis.

In comparison the 2011 or even 2010 we have made significant improvement in the real estate market and I do think the good will definitely outweigh the bad and the unknown. We are here to answer any real estate questions that you have so please contact us.

School Districts

West Shore

School District                      Average Sales Price 2011                   Average Sales Price 2012   Days on Market

Camp Hill                    $172,400                                 $186,160                      111/40

Cumberland Valley      $296,855                                 $266,155                     104/102

West Shore                  $178,326                                 $169,121                     104/80

Mechanicsburg             $200,770                                 $202,763                     67/89

Northern York               $235,608                                 $213,682                     91/126

Carlisle                         $181,062                                 $163,378                     111/105

East Pennsboro             $156,175                                 $150,647                     180/92

East Shore

School District                      Average Sales Price 2011                   $Average Sales Price 2012                Days on Market

Central Dauphin                   $189,766                                               $205,755                               116/112

Derry Twp                             $322,427                                               $244,253                               90/53

Lower Dauphin                     $235,586                                               $269,124                               98/66

Harrisburg                             $75,530                                                $56,281                                 156/96

Middletown                          $113,069                                               $134,967                                69/119

Steel High                             $69,400                                                $79,267                                 130/62

Susquehanna Twp               $151,141                                               $147,500                                 97/90 

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 it still meaningful to report on the upward trend in home prices? We have to answer “yes,” because there's still a lot of time to make up, considering all the negative reporting that occurred over the past four years.

With that in mind, we're happy to report that prices continue to trend higher. The latest data from Zillow show home prices rose 2.1 percent year-over-year for the second quarter of 2012 to post the first year-over-year increase since 2007. When measuring quarter-to-quarter movement, price gains were the highest they've been since 2005.

Supply, or rather the lack thereof, is helping to drive home prices higher in many parts of the country. The Wall Street Journal's quarterly survey of housing-market conditions in 28 metropolitan regions shows that inventories of unsold homes have fallen in every market and are down by more than 20 percent in two-thirds of those markets.

Reduced inventory is driving prices higher. Unfortunately, it's also driving sales volume lower. Closings on existing homes fell in June, and contract signings for the month point to fewer closings in July and August.

Sales of new homes also fell in June, but they fell on strong upward revisions to May's and April's data. June's annual sales rate of 350,000 units was 20,000 shy of the consensus estimate, but the sting of the disappointment was offset by a 13,000 upward revision to May's sales tally, which lifted the total to 382,000 units for that month. Further offsetting June's disappointing reading was a 15,000 unit upward revision to April's sales figures.

The dip in new-home sales didn't impact supply, which remains at 4.9 months at the current sales pace. In fact, completed new homes for sale, at 41,000, remains the lowest on record. In other words, inventory remains tight, and that in and of itself is limiting new-home sales. Not surprisingly, tight supply has also been lifting new-home prices over much of 2012. The national median price for a new home now stands at $232,600.

We find it interesting that so many pundits lamented the possible destabilizing impact of shadow inventory swamping the market, yet today many of these same pundits are lamenting that more of that inventory remains on the sidelines. Sometimes you just can't win.

There is a good reason we're seeing a dearth of new inventory coming to market – expectations. If you expect higher prices in the future, you'll be reluctant to list your property today. We see expectations of rising prices taking hold in more markets. For this reason, we don't see home prices backtracking any time soon; it's also a big reason for prices to continue moving higher.

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.

Last week, we reported on the Federal Reserve's renewed commitment to hold long-term rates low through the end of the year, and likely through 2012. So far, so good: mortgage lending rates once again hit a new all-time low.

You'd think that mortgage activity would be booming when the 30-year fixed-rate loan is consistently quoted below 4 percent. But that's not really the case. The mortgage lending business is good, but should be better. The market, especially for refinances, is still being held in check by negative equity and what is, in our opinion, excessively strict underwriting standards.

That said, the real issue isn't the cost of money, but the rise of risk aversion. Underwriting standards are a manifestation of risk: high risk aversion means higher underwriting standards, low risk aversions means the opposite.

In other words, we don't expect lower interest rates to spur additional lending demand. We see additional gains being spurred by a fall in risk aversion. The willingness to engage in riskier transactions, and buying a house is considered a riskier transaction because of its sheer size, is key. Risk aversion is positively correlated with uncertainty, and markets are suffering from a high level of uncertainty these days due to anemic economic and job growth.

We don't expect the housing market to back track, but for it to ratchet meaningfully forward, the underbrush of uncertainty must be swept away.

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.

Can we call the housing recovery “official”? That, of course, depends on what we mean. You can’t really call a housing recovery official on the national level because all real estate markets are local. Even in the best of times there are always particular local markets lagging.

But if we were to consider national numbers, it's difficult to argue that housing – at least with pricing – has (and is) recovering. We have reported many times over the past months that data from the leading real estate service firms – Clear Capital, CoreLogic, Zillow, Case-Shiller – show prices rising in many local markets.In addition, we've also been reporting on analysts changing their price estimates. The analysts at JPMorgan Chase are the latest to jump on the bandwagon, at least for the long term. Over the next four years, JPMorgan sees home prices moving ahead 12 percent at the national level.

Over the short term, though, JPMorgan remains negative, believing prices are still destined to decline 2 percent nationally. JPMorgan points to the specter of shadow inventory, a subject we have addressed frequently. JPMorgan estimates that 4.8 million properties are distressed, REO, or at least 90-days delinquent. Banks ramping up foreclosure processing means more of these properties will hit the market, thus pressuring prices lower.

It's a tidy theory, yet it hasn't materialized – and may never materialize. Economists at Calculatedriskblog.com have been studying residential real estate trends in various markets across the country. They've found the share of distressed sales is down from June 2011, and the share of foreclosures are down significantly.You could argue that banks still haven't fully ramped up foreclosure operations after last year's robo signing imbroglio. That could very well be the case. The more thoughtful rejoinder is that banks are simply proceeding in a rational, profit maximizing manner. They're processing more short sales and they are prudently selling REO property.

Home builders also see distressed property as a receding concern. Many builders – Beazer Homes, Meritage Homes, Hovnanian Enterprises – have recapitalized their balance sheets by issuing more shares into a rising stock market. These builders are using their new funds to purchase additional land and to expand production.In many markets, it's no longer a question of when the housing recovery will begin, but how it will progress. If JPMorgan is right, and home prices appreciate 12 percent over the next four years (which works out to 2.9 percent annually when accounting for compounding), I think most of us would be satisfied. That means prices would be moving at a rate slightly higher than the rate of annual price inflation. In other words, residential real estate will once again be offering a positive rate of return.

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.

One of the most important items when considering whether to buy or sell a Central PA home is to look at the absorption rate in an area. This means the average inventory of homes for sale in a price range you are considering and see how many months of inventory (competition) is available in your desired price range.

History has showed that a six month inventory level is considered a normal market, below signifies a sellers’ market and above six month is considered a buyers market. Through the first six months of this year our market has been progressing towards a normal market in many price ranges. And although the market has improved substantially we have experienced an increase of 2.8% in the numbers of homes for sale. Meaning there are many homes competing to gain the attention of buyers in the market.

Accurate pricing and/or price adjustments are still critical to get a Central PA home sold.

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.

We have mentioned previously the gradual weekly decreases in mortgage lending rates. We also mentioned the difficulty in predicting market prices.

Admittedly, we've been flummoxed by the direction of interest rates in the past. Two years ago, if someone would have asked us if the 10-year U.S. Treasury note could possibly yield 1.6 percent, we would have answered possible yes, probable no. Today, it yields 1.6 percent.

We'll venture out on a limb again and predict that the 10-year U.S. Treasury note is unlikely to go significantly lower. And we are not alone in this prediction. Warren Buffett, the multi-billionaire chairman of Berkshire Hathaway, believes that U.S. Treasury securities “are among the most dangerous of assets.” They are dangerous because yields are so low that they fail to compensate investors for time value and lost purchasing power. Dangerous, according to Mr. Buffett, means ripe for a sell-off.

We note Mr. Buffett's comments because mortgage lending rates take their cue from U.S. Treasury securities, particularly the 10-year note. The spread between the 30-year fixed-rate mortgage and the 10-year note is historically around 2-to-2.5 percentage points, and that holds today. The 30-year fixed-rate mortgage has been between 3.6 percent and 4 percent over the past six months.

Here's the issue and the risk for borrowers holding out for significantly lower rates: a sell-off in U.S. Treasury notes means yields will rise. That means mortgage lending rates will rise too. We're not saying that's going to happen immediately, but if the world's greatest investor expects it to happen, it's tough to argue it won't happen some time.

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.

Though the news on home prices has been repetitive in recent months, we don't tire of reporting it. After reporting falling home prices over the past four years, there's a lot of ground to be made up on the upside.

Thankfully, the upside continues to dominate. CoreLogic provides the latest news on rising home prices, reporting that prices increased 1.8 percent in its May home price index compared to its April index, and are up 2 percent year over year. Remove distressed properties (which are becoming less distressed these days) from the mix and the index is up 2.3 percent month over month and 2.7 percent year over year.

The sustained uptrend is significant for an obvious reason: A price recovery trend stimulates more buying and selling. The trend also refutes many predictions made earlier this year – from CoreLogic, Trulia, Zillow, Case-Shiller – that prices wouldn't move up meaningfully until the end of 2012. It just goes to show how difficult the prediction game is.

That said, we are going to engage in a little predicting of our own. We think the upward trend in prices is sustainable over the long haul. For one, there's a dearth of inventory. Low supply, particularly in new homes, will help keep prices elevated.

The relationship between rent prices and home prices is another reason. Reis Inc., a real estate information firm, reports that national asking rents are the highest they've been in five years. The national average asking rent is $1,091. At the same time, vacancies are the lowest they've been in over 10 years. Low supply coupled with high demand means rents will continue to rise.

Concurrently, the home affordability index in many metropolitan regions is at multi-year lows. It's a great opportunity for people who normally rent to buy. In some markets, a starter home can offer a $200-to-$300 monthly savings in housing expense.

Mortgage lending rates have no doubt contributed to the high affordability index. Rates continue to drop a couple basis points week after week. Over time, these incremental drops have produced significantly lower lending rates.

Our soapbox issue at this point remains credit availability. Too many potential borrowers are still locked out of the market. The worst is over for financial institutions and the economy has stabilized. The best move regulators could make to improve participation is to ease the rules.

To be sure, lending prices need to reflect risk, but risk can be attenuated through judicious underwriting. Judicious underwriting, in turn, most often arises from a diverse, dynamic lending base. That's tough to conjure when costs associated with regulation are historically high.

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.

Well, mortgage lending rates hit another record low in many markets this past week. This is becoming a weekly occurrence, albeit one in small increments.

We mentioned last week how the Federal Reserve has stiffened its resolve to keep long-term lending rates at record lows at least through this year.

The Fed is accomplishing this task by rolling short-term securities into long-term U.S. Treasury notes and bonds and mortgage-backed securities. The increased demand in these longer-maturity issues increases their price and thus lowers their yield. The Fed is also being helped by our friends in the Mediterranean, namely Greece. People are often perplexed how Greece's fiscal woes impact our lending markets. The short answer is that we operate in a world financial market, not a national one. That means money and capital easily and frequently cross national borders. Many financial institutions – domestic and foreign – own the sovereign debt issued by other countries.

When the risk of owning the debt of a particular country (like Greece) rises, investors sell and often seek haven in less risky securities, like U.S. Treasury securities. As with Fed demand, private investor demand increases prices and lowers yield. Investors have been dumping Greek debt and buying U.S. Treasury debt in recent months, thus helping the Fed to maintain low lending rates.

There is a familiar saying “that's Greek to me,” which means “I don't understand.” In this case, it really is easy to understand Greek, when you understand that today's financial markets are global in nature.

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.