May 11, 2023

New Listings Slip 36.5% in April as Lehigh Valley Struggles for Housing Inventory

The Greater Lehigh Valley REALTORS® (GLVR) reported April data showed the first full month of the spring selling season fighting a war against low inventory, rising housing prices and interest rates, and a wave of buyers who want to get…

April 12, 2023

March Data Shows Tempered Start to Spring Real Estate Market

The Greater Lehigh Valley REALTORS® (GLVR) reported March data showed the month that rings in spring did not bring in a wave of intense real estate activity. GLVR Members: Click HERE to view the full Market Update report for March 2023. “Real…

March 13, 2023

February Data: Sales Incentives Return as Mortgage Rates Keep Buyers Cautious

The Greater Lehigh Valley REALTORS® (GLVR) reported February data showed that the slight decline in mortgage rates earlier this year convinced some buyers to come off the sidelines, but with rates ticking up again in recent weeks, others are once…

February 14, 2023

LV Real Estate: Inventory, Prices Trend Upward in January

The Greater Lehigh Valley REALTORS® (GLVR) reported January data showed the year in a state of rebalance, with many buyers and sellers remaining cautious while they wait to see where the real estate market is headed. GLVR Members: Click HERE to view…

February 9, 2023

Greater Lehigh Valley REALTORS® Release 2022 Annual Report

As the premier source of real estate information in the Lehigh Valley and its surrounding communities, the Greater Lehigh Valley REALTORS® (GLVR) is pleased to provide an in-depth report on the 2022 local housing market. Highlights of the report include: SALES: Pending sales…

January 12, 2023

New Listings Slip 18.6% in December as Sellers Await Better Rates

The Greater Lehigh Valley REALTORS® (GLVR) reported December data showed higher mortgage rates impacting prospective sellers, many of whom have locked in historically low rates and are now choosing to wait until market conditions improve before selling their home. GLVR…

December 13, 2022

November Data: Housing Affordability Dials Back Lehigh Valley Market Activity

The Greater Lehigh Valley REALTORS® (GLVR) reported November data showed housing affordability continuing to be a major roadblock for market participants, with mortgage rates more than double compared to this time last year. GLVR Members: Click HERE to view the full Market…

November 14, 2022

October Data: LV Home Sales Slow, Prices Still Gain

The Greater Lehigh Valley REALTORS® (GLVR) reported October data showed stubbornly high inflation and soaring borrowing costs have eroded buyer purchasing power and have caused the housing market to cool rapidly this year. GLVR Members: Click HERE to view the full Market…

October 11, 2022

Various Factors Cooling Real Estate Activity, but Lehigh Valley Homes Still Selling in 17 Days

The Greater Lehigh Valley REALTORS® (GLVR) reported September data showed the real estate market continuing to slow as we move into fall, as rising consumer prices and higher mortgage interest rates squeeze homebuyer budgets and cool activity. GLVR Members: Click HERE to…

September 13, 2022

August Data: Lehigh Valley Homes Selling in 14 Days, for 101.3% of List Price

The Greater Lehigh Valley REALTORS® (GLVR) reported August data showed a steady housing market in the Lehigh Valley – a market doing its best as housing affordability hits a 33-year low and existing-home sales continue to soften. GLVR Members: Click HERE to…