Archive for admin

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New Lehigh Valley MLS Search Engine

If you are looking to search for homes for sale in the greater Lehigh Valley Area, including Allentown, Bethlehem, and Easton you can now do so with ease. Introducing www.GoValleyHomeFinder.com ! This is a brand new free online search engine that gives you direct access to the Lehigh Valley Mult List system – the same one [...]

10Dec2011 | admin | 0 comments | Continued
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Can I Get A Good Deal in The Lehigh Valley?

Prices are definitely coming down, that’s a good thing. But, its not a fire sale. Two and three years ago when the market was hot, homes were over priced and selling for more than they were worth in some cases. What’s happening now is that home prices are coming back into line of where they [...]

9Dec2011 | admin | 0 comments | Continued
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Housing bill on track to pass Senate

Foreclosure aid: Measure would help about 400,000 homeowners. The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac. The 80-13 test vote showed broad support for the election-year package and put it on [...]

9Dec2011 | admin | 2 comments | Continued
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Downspout Ordinance enforced in Bethlehem

Bethlehem officials will be sending letters next week that tell residents to disconnect any underground spouts and direct the storm water onto their lawns. The spouts likely hook into the underground sewer pipes, which are being filled with storm water that cascades into them during heavy rains. The water is backing up the city’s feeder [...]

7Dec2011 | admin | 0 comments | Continued
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U.S. Senate Passes Housing Stimulus Bill

The U.S. Senate passed a bipartisan mortgage rescue bill last Friday that allows the Federal Housing Administration to refinance troubled mortgages – even those that are under water – as long as banks agree to take a loss. The program would allow the FHA to help as many as 400,000 home owners. Now the bill [...]

6Dec2011 | admin | 0 comments | Continued
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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 [...]

5Dec2011 | admin | 0 comments | Continued
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Do You Have A Buyers Agent?

What is a buyers agent? why do I need to have one? and how do I get one? These are the questions you need to ask yourself if are looking to purchase real estate here in the Lehigh Valley. The first time you meet with an agent, even if its looking at a property, they should [...]

4Dec2011 | admin | 0 comments | Continued
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Lehigh Valley Home Sales June 2008

Comparison of Activity from June 2007 to June 2008: Number of Sales – During June 2008, 550 sales were reported, down approximately 29.3% from June 2007 at 778. Average Sales Price – The average sales price for June 2008 was recorded at $234,000, down approximately 0.85% from June 2007 when the average sales price of [...]

3Dec2011 | admin | 0 comments | Continued
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How do I buy a home?

If you are a first time buyer looking to buy a home here in the Lehigh Valley, the first thing you should do is contact an agent A good agent will never pressure you to move to quickly or buy a home that you really don’t like. Instead he or she will ask you some [...]

2Dec2011 | admin | 0 comments | Continued
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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 [...]

29Nov2011 | admin | 0 comments | Continued
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