Home sales in Northampton and Lehigh counties rose 12.4% in November from a year earlier, as fourth-quarter activity remained strong. That’s according to a report by the Greater Lehigh Valley Realtors, a nonprofit trade association, which showed settlements climbing to 818 last month.

As it tries to navigate the challenges of COVID-19, Philadelphia-based PREIT, co-owner of the Lehigh Valley Mall, filed for Chapter 11 bankruptcy Sunday, a move it said will help it restructure.

It was a $2,000 bill for an overheated 10-by-10-foot room that led business partners Jonathan Epstein and Jim Seip to launch a new business with a product they’ve developed for commercial real estate managers – the Salamander Reservoir.

Real estate in Pennsylvania is rebounding now that in-person showings and sales are again allowed after being halted because of the COVID-19 pandemic.

The five-story building, which formerly was home to CNA Insurance and more recently to I-LEAD Charter School, will include classrooms and labs, loft-style student housing, dining facilities, retail outlets and other operations, and serve as the centerpiece of the CollegeTowne initiative.

A three-building 380,000-square-foot portfolio of light industrial buildings on Cascade Drive in Hanover Township, Lehigh County has been sold to an investor for $26.7 million.

Governor Wolf’s office tells Lehigh Valley Business that he intends to veto House Bill 2412, which would declare the real estate industry as a life sustaining business.

A bill to declare real estate as a life-sustaining business in Pennsylvania is heading to Gov. Wolf’s desk for signature after being passed by the state house and senate.

Despite restrictions on real estate and the fact that most retail stores are shut down because of the coronavirus pandemic, Colliers Bethlehem office said it has sold the Bethlehem Village Shoppes to an investment buyer in Bucks County for $4.5 million.

Real estate agents in Pennsylvania aren’t giving up their fight to have their industry declared life-sustaining so real estate sales can resume statewide. Pennsylvania is currently the only state banning most in-person real estate activity.