Optimistic homebuyers, renters keeping Lehigh Valley market ‘hot’

Prospective homebuyers are taking advantage of the market in a region where options are limited but optimism and reward remains high, according to a report by the Greater Lehigh Valley Realtors.

In May, while closed sales decreased 2.4% and inventory slipped to 693 units across Lehigh and Northampton counties, pending sales suggest buyers are not retreating from the market.

Pending sales grew 4.3% to 659 listings…

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