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Lehigh Valley pending home sales rise 18.5% amid low inventory
Pending home sales in Lehigh Valley surged 18.5% year over year despite low inventory, reflecting strong buyer demand and rising median prices.
March showed a mixed Lehigh Valley housing market
The Greater Lehigh Valley Realtors report mixed housing market conditions in March with increased new listings but a decline in closed sales and median prices.
Lehigh Valley housing market sees lower inventory and declining prices in February
The Lehigh Valley housing market saw an 8.9% drop in inventory and a 4.7% decline in median sales price to $333,500 in February, according to Greater Lehigh Valley Realtors.
Lehigh Valley home sales see January dip, but higher prices
Lehigh Valley home sales dropped 10.1% in January 2024 amid tight inventory and harsh winter, while median prices rose 11.1% to $350,000, reports GLVR.
US existing-home sales decline for the fifth straight month
Across the country, existing-home sales in June fell for the fifth consecutive month to a seasonally adjusted annual rate of 5.12 million, the National Association of Realtors reported Wednesday.
Home sales on rise in Lehigh Valley
The housing inventory shortage is far from over, but the number of homes listed for sale in the Lehigh Valley is on the rise.
Bethlehem company releases new, flexible inventory tag
Vizinex RFID, a Bethlehem-based tech company that develops and manufactures radio frequency identification tags, has come up with a new product line it says will increase the number of industries it can serve.
