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August Data: Housing Market Needs Construction, Mortgage Rate Movement Image

August Data: Housing Market Needs Construction, Mortgage Rate Movement

The Greater Lehigh Valley REALTORS® (GLVR) reported August data showed the shortage of homes for sale has boosted competition for available properties and is driving sales prices higher, with the Median Sales Price for August ($331,750) just missing the local…
Forging Connections and Advocating for Real Estate: GLVR Leaders Tee Off with Elected Officials Image

Forging Connections and Advocating for Real Estate: GLVR Leaders Tee Off with Elected Officials

Leadership and members of the Greater Lehigh Valley REALTORS® recently participated in golf outings with State Senator Lisa Boscola and State Rep. Doyle Heffley. These outings have been highly effective opportunities for REALTOR® members to engage in discussions with elected…
Nazareth Ranked No. 5 on Realtor.com® 2023 Hottest ZIP Codes Image

Nazareth Ranked No. 5 on Realtor.com® 2023 Hottest ZIP Codes

Nazareth, one of the communities served by members of the Greater Lehigh Valley REALTORS®, has been ranked No. 5 in the ninth annual Realtor.com® Hottest ZIP Codes Report. Homes listed within the Hottest ZIPs received an average of 3.6 more…
RatePlug Now Live. Opt In Today! Image

RatePlug Now Live. Opt In Today!

RatePlug, a powerful financing tool that helps buyers understand the mortgage options available to them, is now live in the Greater Lehigh Valley Multiple Listing Service and the OneHome platform — but did you know that you need to opt…
GLVR Membership Database Hit by Cyber-Attack Image

GLVR Membership Database Hit by Cyber-Attack

The Greater Lehigh Valley REALTORS® membership database – a third-party vendor known as Rapattoni – had been experiencing an extended period of downtime due to its production network being hit with a cyber-attack. Great progress has been made in restoring services.…
With Mortgage Rates Approaching 7%, Lehigh Valley Homes Sales Slip 32.6% in July Image

With Mortgage Rates Approaching 7%, Lehigh Valley Homes Sales Slip 32.6% in July

The Greater Lehigh Valley REALTORS® (GLVR) reported July data showed affordability constraints have continued to limit homebuying activity this summer. GLVR Members: Click HERE to view the full Market Update report for July 2023. “Mortgage rates have approached 7 percent in recent…

Lehighton School Board Weighs Tax Assessments on Newly Purchased Homes

The Lehighton School Board is considering School District Initiated Real Estate Tax Assessments on newly purchased homes. The Board will host a workshop at 7 p.m. on Monday, August 14, 2023, at 1000 Union Street, Lehighton, PA 18235. Staff and…
New Listings Drop 30.8% in June as Sellers Hold on to Lower Interest Rates Image

New Listings Drop 30.8% in June as Sellers Hold on to Lower Interest Rates

The Greater Lehigh Valley REALTORS® (GLVR) reported June data showed temperatures heating up, yet the housing market remains cooler than usual for this time of year due to a combination of low inventory and higher borrowing costs, which have restricted…
Lehigh Valley Real Estate Leaders Meet with Congresswoman Susan Wild Image

Lehigh Valley Real Estate Leaders Meet with Congresswoman Susan Wild

Congresswoman Susan Wild met with members of the Greater Lehigh Valley REALTORS® Board of Directors and Government Affairs Committee on June 16, 2023, to discuss various factors affecting the housing market. REALTOR® members representing buyers and sellers in Lehigh, Northampton,…
May Data: Closed Sales Dip 22.0 Percent, Inventory Shortage to Blame Image

May Data: Closed Sales Dip 22.0 Percent, Inventory Shortage to Blame

The Greater Lehigh Valley REALTORS® (GLVR) reported May data showed the normally busy spring selling season stymied by inventory and higher interest rates impacting buyer affordability. GLVR Members: Click HERE to view the full Market Update report for May 2023. “While fluctuating…