Archive for June, 2008
Bank Owned Foreclosures – Lehigh Valley 7/1
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Bank Owned Foreclosure Listings 7/1/08
301559 Available $144,900 S Wood St Allentown City PA 18103
Bank owned property * ADDENDUMS ARE NOT AVAILABLE YET. No verbal offers * City of Allentown inspection on line *AS IS* 3 Bedrooms * 1 1/2 bath * Tile & hardwood floors * Big back yard * 1 car garage * Fireplace LL * Foreclosure * [...]
Rates Are Going Back Up!
Just a few short weeks ago mortgage rates were still dropping and even people with less than perfect credit could buy a home here in the Lehigh Valley for just over 6%. Persons with strong credit scores (over 650) were getting 30 year fixed rate loans for 5.5 – 5 3/4%. But those days are [...]
25Jun2008 | admin | 0 comments | Continued
Featured Listings
Here are the Featured MLS Listings for the Lehigh Valley. They are sorted by price, highest to lowest. Use the naviagation to change the sorting order or start a new search.
To view more Lehigh Valley MLS Listings, Schedule Showings, or get more info please visit GoValleyHomeFinder.com
24Jun2008 | admin | 0 comments | Continued
Lehigh Valley Short Sales and Pre-Foreclosures
So what exactly is a shot sale anyway? A short sale is when a home is in pre-foreclosure and the bank allows the owner to list the home with a Realtor and try to sell the home and avoid foreclosure. In most cases it is being sold for less than what is owed to the bank. The [...]
9Jun2008 | admin | 0 comments | Continued
Lehigh Valley Real Estate Statistics
Lehigh Valley Real Estate Statistics: The statistics presented in Market Update are compiled each month based on the figures generated from the Lehigh Valley Association of REALTORS® Multiple Listing Service. Average sales prices and median prices fluctuate monthly depending upon the number of sales at the high or low end of the price range. The [...]
9Jun2008 | admin | 0 comments | Continued
Lehigh Valley Home Sales May 2008
Number of Sales: During May 2008, 517 home sales were reported in the Lehigh Valley, down 22% from May 2007 at 663.
Average Sales Price: The average sales price for May 2008 was recorded at $217,000, which is up approximatly 9% from May 2007 when the average sales price was recorded at $215,000. The average sales price [...]
Beware of The MLS Listing Info!
When you search for a home here in the Lehigh Valley, you may start out searching online, but eventually you will hire a buyer agent to work for you who will send you MLS listings. When you are reading the MLS listing information you need to be aware that this is considered “just an advertisement” [...]
8Jun2008 | admin | 0 comments | Continued
UPDATE:
YES, you can use Part of the $8,000 Tax Credit to buy your new home. Very few banks are doing ...