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Pa. Housing prices drop, sales still down
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.
Lehigh Valley home sales dip in December over last year
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 buys Macungie Victorian-style building
SAGE Build-Design Inc. recently bought a Victorian-style building at 5740 Lower Macungie Road.
Higher interest rates slowing Lehigh Valley home sales
With higher interest rates impacting prospective buyers, housing sales declined in December according to the Greater Lehigh Valley Realtors.
Lehigh Valley renters becoming cost burdened
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 shopping center sold
Coopersburg Commons, a 95,186-square-foot shopping center in Coopersburg borough, has sold for an undisclosed price.
LVHN breaks ground on neighborhood hospital in Lower Macungie
Lower Macungie Township will have a new hospital by the end of 2023.
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.
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.
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...
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.
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.
