The Barb Bottitta Team of Lehigh Valley Home Experts
Here is an update on the Lehigh Valley Real Estate market based on the recently published January 2016 LVAR statistics . ‪#‎realestate‬ ‪#‎lehighvalley‬ http://www.mcall.com/…/mc-lehigh-valley-january-housing-201…

Lehigh Valley homes

Every month we will piggyback onto the Lehigh Valley MLS report to share our team’s perspective of the current local market. January’s numbers indicate that the Valley has a 4.7 month inventory and is essentially in a state of equilibrium between buyer demand and seller inventory. Almost 80% of sales in Jan were for homes less than $200k, so we continue to have high demand from first time home buyers. The Spring market is starting early if our phone calls are any indication – there’s definitely been an increase in inquiries from Buyers but also from sellers who have questions about preparing their homes for sale. **** If you have any Real Estate questions please cotact us first. If you need help with a home repair or service, check out our list of partners at www.Bottitta.com/partners

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“The Lehigh Valley housing market is off to a quick start in 2016, benefiting from a mostly mild winter, continued low mortgage rates and a declining inventory that helped push prices higher in January.”   MCALL.COM|BY THE MORNING CALL

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