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Lehigh Valley Allentown-Bethlehem-Easton
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Old 10-17-2007, 06:49 AM
1 posts, read 2,711 times
Reputation: 10


My Family and I are moving to the Bethlehem area at the end of this month from South Florida and I am trying to get a pulse on how the real estate market is doing in this area. I talked to a few real estate agents and they are telling me the houses are going for 90% - 95% of asking price. I am having a hard time believing this since I just sold my house in South Florida for 77% of asking price and was considered a good deal!

Any input would be helpful!
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Old 10-17-2007, 04:25 PM
Location: Sunshine N'Blue Skies
13,321 posts, read 22,291,595 times
Reputation: 11690
I know from just talking to my son in law that homes in his neighborhood are selling for less then a year or two ago. One just sold for about $65,000 less then that model had been selling at. Another about $50,000 less then that particular model sold for previously.
I am not sure though, how to answer you because the "asking" price may have been in line with this lower pricing going on.
If I were you I'd check what a home in the area sold for a year or so ago......
and you'll see that the prices are dropping.
Lehigh area is a popular, influx area.........so you will see less of a drop there then outwards of that area.
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