With higher interest rates impacting prospective buyers, housing sales declined in December according to the Greater Lehigh Valley Realtors.
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Inflation, higher mortgage rates slowing Lehigh Valley housing market
The residential real estate market continues to slow, and the Greater Lehigh Valley Realtors is saying rising consumer prices and higher mortgage interest rates are contributing to the cooling market.
Read More »Lehigh Valley residential real estate market continues to soften
The Greater Lehigh Valley Realtors said its August data showed a steady housing market in the Lehigh Valley as housing affordability hits 33-year low and existing-home sales continue to soften.
Read More »LV home sales slump in July on higher interest rates, record prices
With rising mortgage rates and record-high sales prices the housing market was cooling in the Lehigh Valley during July.
Read More »Lehigh Valley housing market sets records
This summer, it’s not just the weather that’s hot, the residential housing market in the Lehigh Valley has been setting records both in median sales price and days on market.
Read More »2020 housing market report available for Lehigh Valley
The Greater Lehigh Valley Realtors has issued its in-depth report on the 2020 local housing market.
Read More »Near-record snow can’t cool Lehigh Valley’s hot housing market
Ignoring near-record snowfall in the Lehigh Valley, home sales kept their up their torrid pace, increasing 8.9% from January 2020 to January 2021.
Read More »Chris Raad named president of Pa. Association of Realtors
He is the 98th president of the association and the third president from the Lehigh Valley.
Read More »Lehigh Valley real estate sales jumped 26% in December
Agents thought it would take three months to get up to speed again in the industry once some of the restrictions were lifted, such as the ban on in-person house tours, he said. Instead, pent-up demand lifted the market quickly, and activity has been busy ever since.
Read More »No holiday slow down expected for Lehigh Valley homes sales
Lehigh Valley home sales are significantly busier than normal for this time of year, up 23.3% percent in October from a year ago.
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