House sales in the Lehigh Valley are in a two-months straight decline, down 7.9 percent in March, compared to March 2017.
Closed sales for 2018 so far are down 1.4 percent, with 1,507 houses sold, down from 1,528 sold year-to-date for 2017.
Meanwhile, the Average Sales Price leaped by double digits, up 17.5 percent in March, as did the Median Sales Price, up 17.6 percent, both compared to March 2017.
Consequently, the Housing Affordability Index took a double-digit nosedive in March, down 16.5 percent, compared to March 2017.
Supporters of United Way of the Greater Lehigh Valley (UWGLV) celebrated the organization’s 100th anniversary with a record-breaking 2017-18 campaign totaling $15,050,500. Campaign co-chairs Bill and Denise Spence announced the total at the annual “Celebration of Caring” at DeSales University, Center Valley.
“I am so proud and thankful for the giving spirit partners demonstrate year after year. Their generosity helps to encourage, inspire and make a difference in the lives of 60,000 people each year,” said Bill Spence, CEO of PPL and 2017-18 Campaign Co-chair.
Atty. Matthew R. Sorrentino has been appointed Chief Legal Officer at Lehigh Valley Health Network (LVHN), effective April 30.
Sorrentino, chairman and managing partner, Norris McLaughlin & Marcus PA, Allentown, is lead counsel in real estate and commercial acquisition transactions involving institutional health care providers at the law firm.
“Matt has a strong history of working through challenges and new initiatives that frame the way for better health care for the community,’ said Brian Nester, DO, MBA, FACOEP, LVHN’s President and Chief Executive Officer (CEO).
Laura McHugh is Director of Communications and Media Relations for United Way of the Greater Lehigh Valley (UWGLV).
McHugh, an Emmy award-winning content manager, producer and writer, joined UWGLV after a 10-year career with PBS39 WLVT, the greater Lehigh Valley public media station.
McHugh manages UWGLV’s internal and external communications strategies, promotional campaigns, and media relations in the Lehigh Valley and Carbon County area, working with Director of Marketing and Design Zandra Whalen and reporting to Marci Ronald-Lesko, Executive Vice President at UWGLV.
Sean LaSalle, a Realtor with Berkshire Hathaway HomeServices Fox & Roach, Macungie, is president of the Greater Lehigh Valley Realtors (GLVR).
“I am very honored, and humbled, to be the new president of the Greater Lehigh Valley Realtors,” LaSalle said before a packed room of GLVR leadership and members at the Hotel Bethlehem.
LaSalle, a Realtor for 14 years, replaces former GLVR President Cass Chies, broker-owner of Re-Max Diamond 1st Realty, Palmerton.
House sales in the Lehigh Valley declined 6.7 percent in February after increasing 2.6 percent in January.
Closed sales for February were down 6.7 percent to 421 houses sold, compared to 451 houses sold in February 2017, according to the February report of the Greater Lehigh Valley Realtors (GLVR).
Closed sales for January were up 2.6 percent to 442 houses sold, compared to 431 houses sold in January 2017.
For the year-to-date, closed sales are up 0.8 percent to 889 houses sold, compared to 882 houses sold year-to-date 2017.
Terry Plinke has been named the new advertising director for the Lehigh Valley Press’ eight weekly newspapers.
Plinke started her career in medical laboratory sales in 1976.
She and her husband, Richard, worked together in Outdoor Marketing Systems, creating transit advertising for bus shelters and on buses.
Born and raised in Reading, Berks County, the mother of three adult sons and her husband live in the West End of Allentown.
December house sales in the Lehigh Valley concluded on a down note as 2017 see-sawed from month-to-month ups and downs.
In 2017 in the Valley, there were five months of increased sales (November, August, July, May, March) and seven months of decreased sales (December, October, September, June, April, February, January).
Closed sales for December 2017 were down 3.6 percent to 612 houses sold, compared to 635 houses sold in December 2016, according to the December report of the Greater Lehigh Valley Realtors (GLVR).
House sales in the Lehigh Valley rebounded in November 2017, bouncing up 7.7 percent.
According to the Greater Lehigh Valley Realtors (GLVR) monthly report released Dec. 12, there were 661 houses sold in November, compared to 614 houses sold in November 2016 for an increase of 7.7 percent.
The up-tick follows two months of declining sales of houses in the Lehigh Valley.
Closed sales decreased 5.8 percent in October to 672 houses sold, compared to 713 houses sold in October 2016.