Most counties in central Pennsylvania reported a double-digit drop in home sales in 2022 from the previous year and a double-digit increase in median price.
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$16M in Q4 sales, Rock Commercial Real Estate reports
Rock Commercial Real Estate, with offices in York and Lancaster, reported $16 million in sales transactions and 435,234 square feet in lease transactions in the fourth quarter of 2022.
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High Pointe Commons adds Fleet Feet franchise, reups Christmas Tree Shops
Commercial real estate services firm Levin Management Corp. announced a pair of transactions at High Pointe Commons, a 325,000-square-foot regional shopping center in Swatara Township.
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Hershey-area RV campground sold to private equity firm
The Jonestown/Hershey NE KOA Journey campground has been acquired by Cedarline Outdoor, a portfolio company of Miami-based private equity firm Halmos Capital Partners.
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Burger King has a new branding strategy, and it’s a Whopper
For many years, Burger King has played second fiddle to McDonalds.
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High priority placed on hemp sales, exports in PA
Proposals for nonprofit marketing and promotion organizations for projects designed to increase sales, export or consumer awareness of Pennsylvania hemp products were called for Monday by Agriculture Secretary Russell Redding.
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Local home sales slow as mortgage rates climb
Soaring interest rates have put the brakes on the once-sizzling housing market, as the pace of local home sales continued to slow in September.
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Holla Spirits partners with California distributor to expand sales
York-based Holla Spirits, a millennial-owned spirits company, will expand its sales through a partnership with ROKit Launch.
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Raymour & Flanigan opens central Pa. showrooms, looks to expand more
Highlighted by a ribbon-cutting ceremony Aug. 17 at its Springettsbury Township showroom, Raymour & Flanigan has now opened its first three stores in central Pennsylvania, with a fourth on the way.
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On the move: Power Train East/West York LLC, Landmark Homes and more
Businesses that recently sold, purchased or leased properties include: The Smooth Generation, Pizzeria 211, B&T Lancaster Owner LLC and more.
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Competition for homes keeps falling
Fewer and fewer houses listed for sale are receiving multiple offers, real estate brokerage company Redfin reported, confirming what local agents are seeing as well.
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Pennsylvania home prices rise again
Pennsylvania’s median home sales price climbed to $219,154 in July, up almost $3,000 from June, according to a report prepared for the Pennsylvania Association of Realtors.
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Home prices starting to stabilize as sales cool off
As residential real estate activity cools in the region, the jump in home prices has slowed as well, though they’re still well above last year’s figures.
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Nearly 80 stores offer promotions in Lancaster City Indie Retail Week
Aug. 19 kicks off Lancaster City Indie Retail Week, with 78 stores participating.
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New utility and telecom portfolio company expands into Midwest
Hershey-based Forward Solutions, a newly formed portfolio company of lower middle market private equity fund Osceola Capital, has acquired Utility Sales Associates, a provider of outsourced sales services for utilities and telecommunications equipment manufacturers.
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