55+ and Active Adult in Lehigh Valley Including Allentown, Bethlehem and Easton
Lehigh Valley Real Estate Blog
by Joe Finnerty
1y ago
Over the past few years it has gotten harder to find affordable 55+ and Active Adult housing in the Lehigh Valley and Allentown, Bethlehem and Easton. To purchase a new home in a Lehigh Valley 55+ community it typically starts at around $400,000 and then once you add in a possible lot premium and upgrades to the home you end up over $500,000. As a result, the resale market in Allentown, Bethlehem and Easton for 55+ and Active Adult became a hot bed of activity. Homes were selling with just a few days on the market and home buyers were struggling to find their retirement homes or losing the ho ..read more
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Lehigh Valley 55+ and Active Adult Price Ranges When Buying A Home
Lehigh Valley Real Estate Blog
by Joe Finnerty
1y ago
The Lehigh Valley has become known as a great place to retire and 55+ and Active Adult communities have become very popular when purchasing that next home. There are many factors that come into play when selecting your 55+ home: Price, Location, Community Amenities, Home Style, Nearby Amenities (shopping/medical)....etc. Let's skip most of the above and just take a look at the home prices needed to move into one of the communities. A lot of Lehigh Valley 55+ Home Buyers are hoping to find something in the $250,000 or less price range. Unfortunately, out of the 29 55+ communities in the L ..read more
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Lehigh Valley Home Buyer Strategies for Multiple Offers
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
Making an Offer on a Lehigh Valley Home For Sale that has Multiple Offers? I recently had two Lehigh Valley Homes for sale that received multiple offers. I thought I would share some of the Strategies into the offers and what is being done by Lehigh Valley Home Buyers to try to get their offer as "The accepted offer". Multiple Offers Made on Recent Homes For Sale in Lehigh Valley Property 1: Listed in West Bethlehem for $160,000  42 Showings over 3 days and 10 offers received Seller accepted offer for $190,000 cash, Buyer would also pay sellers 1% transfer tax, Buyer waived the property ..read more
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Low Inventory of Lehigh Valley 55+ Homes is Affecting Sale Prices in Allentown, Bethlehem and Easton
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
Are you looking in the Lehigh Valley for a home in a 55+ Community? The Lehigh Valley has 29 55+ Adult Communities. These 55+ communities are located throughout the Allentown, Bethlehem and Easton areas in Northampton and Lehigh Counties. Currently, the inventory of 55+ resale homes in the Lehigh Valley is very low. As a result, supply and demand is kicking in and driving up the prices of the 55+ home resale market. I thought it was worth taking a look at last year (2021) and the 55+ home sales that occurred in each Lehigh Valley community. 55+ Home Sales in the Lehigh Valley in 2021 includ ..read more
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Buying a Home in the Lehigh Valley based on School Districts including Allentown, Bethlehem and Easton
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
I Want to Buy a Home in the Lehigh Valley in a Great School District! The Lehigh Valley, including Allentown, Bethlehem and Easton has 17 School Districts. What designates a Great Lehigh Valley School District?  How many students go on for College Degrees/SAT scores?  Have any students received athletic scholarships?  Is there a good music and/or theater program?  Is it safe? What type of security is being done?  What are the Covid/Health policies?  What is available for students with special needs? The list goes on. Every Lehigh Valley School District has Pro ..read more
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Renters in the Lehigh Valley, Allentown, Bethlehem and Easton Areas Should Be Aware of Craigslist Scams or Fraud
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
Beware of that Great Looking Lehigh Valley Rental on Craigslist! It May Be A Scam or Fraud! DO NOT SEND MONEY to anyone without reading this article First! If you've been looking for a Rental in the Lehigh Valley area including Allentown, Bethlehem and Easton you may be getting desperate? The rental inventory is very low and many require a credit check or other application specific items that may make it more difficult to rent a place in a competitive market. Searching on every website out there FINALLY RESULTS in finding THE PERFECT RENTAL on Craigslist. A 3 bedroom 2 bath single home. Wow ..read more
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Traditions of America 55+ Active Adult in the Lehigh Valley, Allentown, Bethlehem and Easton
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
Traditions of America Lehigh Valley 55+ and Active Adult Traditions of America is a popular 55+ Active Adult Home Builder in the Lehigh Valley. Traditions of America communities are located throughout the Allentown, Bethlehem and Easton areas. Known for their Active Clubhouses and lifestyles, Traditions of America communities provide the sought after amenities that every 55+ home buyer wants: Maintenance of Lawn and Landscaping Snow Removal Exterior Maintenance of Home Use of all Facilities including Clubhouse and Pool The Clubhouses at Traditions of America Communities include: Social Roo ..read more
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Buying a Lehigh Valley 55+ home when you have a Home to Sell!
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
It is typical when purchasing a Lehigh Valley 55+ Home that you own a home somewhere else. Do you need to Sell your Current Home in order to purchase your new 55+ home in the valley? In a competitive market, this can be a large negative. The Seller on the Lehigh Valley Home you wish to purchase may prefer an offer that doesn't involve the sale of a home somewhere else. Some 55+ Home Buyers have the ability to get a mortgage or pull from a retirement account to purchase the home and then sell their current home. They Remove Any Decisions, about buying a new home, based on the sale or status ..read more
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Waiving Property Inspections when Buying a Home in the Lehigh Valley!
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
When a Home Buyer makes an offer on a Lehigh Valley Home IT IS common to make the offer Contingent on Property Inspections. The Pennsylvania Agreement of Sale includes defaults for many inspections but the most commonly requested are: Property Inspection - A complete inspection of the home including electric, plumbing, structural, roof and pretty much everything with the home itself. If the home has any detached structures such as a garage or other out-building the home buyer should let the inspector know whether to include every structure on the property. WDI Inspection - Wood destroying i ..read more
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Lehigh Valley Homes For Sale and Current Inventory
Lehigh Valley Real Estate Blog
by Joe Finnerty
2y ago
The Lehigh Valley Real Estate Market and Homes for Sale are suffering from a lack of Inventory. Let's take a look at the current inventory for Lehigh Valley Homes (Lehigh and Northampton Counties): At the time of this posting (04/18/2021): Lehigh Valley Residential Homes Currently Available and Listed For Sale (all types, twins, singles...etc): 629 homes for Sale Lehigh Valley Residential Homes Currently Under Agreement (all types, twins, singles...etc): 1,394 homes We can delve a little further into the price range of currently available Lehigh Valley Homes for Sale. Under $100,000: 32 hom ..read more
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