Now more than ever is the absolute best time to buy a home here in the Lehigh Valley. As a result of the current economic climate, Lehigh Valley Mortgage rates have dropped to the lowest rates they have been in over 4 years. This creates a tremendous buying opportunity for anyone looking to buy real estate in the Allentown, Bethlehem, Easton areas.

Currently FHA mortgage rates are at 5.5% – This is truly remarkable. Contrary to what you may be hearing on the news, there are plenty of opportunities to get a mortgage. The best part is that you do not need perfect credit! In fact, you can even get 100% financing in certain areas, thanks to the USDA programs available for homes in rural areas.

Combine this with the fact that this is still very much a buyers market, ther has never been a better time to buy. But, this time frame is slowly coming to a close. Experts agree that we are nearing the bottom of the market. What this means is that soon, the market will start going the other way – up.

Right now, you can get incredibly low rates, sellers are very motivated and willing to give more concessions than ever before, and prices are down what they were 4 years ago! Real Estate sales in the Lehigh Valley, like in may other markets are seasonal. So come spring time you will likely see a  a slight rebound, meaning interest rates and prices will climb back up slightly.

So the bottom line is that if you are considering making a move, you should do it as soon as possible. The longer you wait, the more it will cost you. If you would like more information on Lehigh Valley mortgage rates, or more information on buying home here in the Lehigh Valley, Please contact me directly at 610-533-4549.

Chris Hoffman
Keller Williams Real Estate
GoValleyHomeFinder.com

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 the Realtors use.

There are no registration forms to gain access, you can just enter your search criteria and instantly see live, update listing of all the homes for sale in the entire Lehigh Valley – Free.

The site is very user friendly and has many unique features that allow to quickly and easily save searches, inquire about listings, schedule showings, email the listing info and many more great features that make searching the Lehigh Valley MLS very easy.

One of the new features is the unique map search which allows you to select specific areas and view all homes in that particular town or city. The system allows you to search search by school district, zip code, town or city, or area of your choice.

Of course you can also select price range, property type, and features including bedrooms, bathrooms, square feet, and amenities. It’s just a very nice, real easy way to search live, updated results at your own pace, and in the privacy of your own home, then when you do find homes that interest you, you can quickly and easily request more information.

Click here to Search Lehigh Valley MLS Listings on the new GoValleyHomeFinder.com!

Determining the value of you home is done by researching comparable homes that have sold in close proximity to your home. A licensed real estate agent can do this with a comparative market analysis or CMA. Comparable homes should be of similar size and style, and should be as close to your home as possible. It may sound easy, but it is a complicated process that should be done by a realtor. Homes are a commodity and ultimately the market will determine the price.

For more information on what your home is worth – contact an agent

Many of you probably have questions you would like to ask a real estate agent. Well, here is your chance! Simply post your Lehigh Valley Real Estate related questions here and we will forward them to a top Lehigh Valley Realtor for a reply!