The Pennsylvania Association of Realtors reports that the median existing home sales price of homes sold dropped 11% from the previous month to $193,792 in December, which is nearly the same as it was a year ago. 

Home sales in the Lehigh Valley decreased in December over the same month in 2021 and those that sold stayed on the market longer. 

SAGE Build-Design Inc. recently bought a Victorian-style building at 5740 Lower Macungie Road. 

With higher interest rates impacting prospective buyers, housing sales declined in December according to the Greater Lehigh Valley Realtors.  

The Lehigh Valley’s median renter qualifies as cost burdened when it comes to housing these days, as affordability plummets. Households are considered cost burdened when they spend more than 30% of their income on rent, mortgage and other housing needs.

Coopersburg Commons, a 95,186-square-foot shopping center in Coopersburg borough, has sold for an undisclosed price.

Lower Macungie Township will have a new hospital by the end of 2023. 

Allentown metro homebuyers need to earn more than 50% than they did a year ago to afford a median-priced house, as purchasers confront the double whammy of escalating mortgage rates and rising home prices.

Lehigh Valley has seen a growth in medical services this year with new hospitals, the expansion of emergency rooms, and walk-in clinics.

The state Department of Agriculture Thursday said nearly $7.5 million was invested in...