The sellers’ market continued apace in the Lehigh Valley during the summer real estate season.
According to the Greater Lehigh Valley Realtors (GLVR) June report, competition by buyers boosted quick sales above the asking price.
On average, a house is selling in little more than a month.
And, according to the GLVR, the June Median Sales Price is higher than that of when the housing bubble burst in 2007 at the start of the Great Recession.
With the fall course registration deadline right around the corner, Kutztown University is reminding the local community of the KU Advant*age program, which allows retired Pennsylvania residents 62 and older the ability to access free tuition at KU for college-level courses, while only being responsible for minimal fees.
Preparation, positioning and planning often determine success or failure.
It’s those characteristics Valor The Advisor Network hope to embody as the firm embarked on a new venture during a grand opening in Easton.
Under sun-kissed skies and a gentle breeze, the company held a ribbon-cutting June 7, featuring Easton Mayor Salvatore Panto and former NFL player Matt Millen, who played with four separate Super Bowl championship teams.
Valor Insurance President Matthew Potter is a Lehigh Valley native and Lafayette College graduate.
Embassy Bank has contributed $20,000 to Cetronia Ambulance Corps.
Embassy’s gift, made through Pennsylvania’s Educational Improvement Tax Credit program, will enable students in Lehigh County school districts to participate in Cetronia’s CPR and community health education programs.
St. Luke’s University Health Network held its 26th annual graduation ceremony June 15, Foy Hall, Moravian College, Bethlehem, for 2018 Intern, Resident and Fellow graduates, physicians and providers who have completed specialty training through residencies and fellowships at St. Luke’s.
The following providers will begin practice with St. Luke’s:
Elena S. Berg, DO, St. Luke’s Sacred Heart Campus, Emergency Medicine, Allentown
Erica Jeanette Escarcega, MD, St. Luke’s Quakertown Campus, Emergency Medicine, Quakertown
Sales of houses in the Lehigh Valley continued their percentage of decline into the second quarter of 2018 compared to the same time in 2017, just as the prime summer residential real estate sales season gets underway.
According to the May monthly report of the Greater Lehigh Valley Realtors (GLVR), closed sales were down a bit less: 8.5 percent with 765 houses sold in May, compared to 836 houses sold in May 2017.
Giant Food Stores is donating $216,000 to Second Harvest Food Bank of the Lehigh Valley and Northeast Pennsylvania’s “Backpack Buddies Program.”
“Being in the retail food business for 95 years, we know we can and must make a very big difference in the fight against hunger in our many communities,” said Christopher Brand, Director of External Communications and Community Relations for Giant.
House sales in the Lehigh Valley declined for a third-straight month, this time in double-digits for April, putting house sales for the year-to-date in negative territory.
Closed sales were down 10.6 percent with 591 houses sold in April, compared to 661 houses sold in April 2017, according to the Greater Lehigh Valley Realtors (GLVR) April report.
Closed sales for 2018 are down 3.2 percent, with 2,118 houses sold, down from 2,189 houses sold year-to-date or 2017.
An outdoor ribbon-cutting for Valor The Advisor Network will be held at 5:30 p.m. June 7 at 123 S. Third St., Easton.
Easton Mayor Sal Panto, members of the Easton Area Chamber of Commerce, and staff of the Valor Network are expected to attend.
Tours of Valor’s newly-renovated offices, Suites 4 and 5, will be given as part of a networking event that will include music. There will be food and refreshments provided by Blue Ridge Winery, Mojo Hill, Chocodiem, and Bank Street Creamery.
The event is free and open to the public.
Pennsylvania Gov. Tom Wolf has announced a $135,000 grant to Manufacturers Resource Center (MRC) in coordination with the Lehigh Carbon Community College and Workforce Board Lehigh Valley for the development of a new manufacturing training program for the Lehigh Valley.