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.
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Coopersburg Commons shopping center sold
Coopersburg Commons, a 95,186-square-foot shopping center in Coopersburg borough, has sold for an undisclosed price.
Read More »LVHN breaks ground on neighborhood hospital in Lower Macungie
Lower Macungie Township will have a new hospital by the end of 2023.
Read More »Monthly payment needed to afford median-priced home soars in Allentown
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.
Read More »Expansion brings care closer to patients
Lehigh Valley has seen a growth in medical services this year with new hospitals, the expansion of emergency rooms, and walk-in clinics.
Read More »State invests nearly $7.5 million to save farmland from development
The state Department of Agriculture Thursday said nearly $7.5 million was invested in...
Read More »Housing market slows as mortgage rates and consumer fears rise
The red-hot housing market of last year is increasingly slowing as interest rates and consumers fears rise.
Read More »Pa. Home sales drop nearly 5%
The Pennsylvania Association of Realtors said August home sales dropped 4.7% from July, the first over month drop since February.
Read More »NAI Summit brokerage team fully leases industrial property
NAI Summit of Allentown has executed a lease for a 52,800-square-foot industrial warehouse in Blakeslee, Monroe County.
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.
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