The Lehigh Valley Real Estate Guy

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Real Estate Agent - Deb and Joe Corcoran, Keller Williams Real Estate
The Lehigh Valley is one of the fastest growing areas of Pennsylvania with a mixture of tech companies, large hospitals and corporate offices, and a large manufacturing base. I write about the local real estate market and cover real estate trends and activities in cities such as Bethlehem, Allentown, Easton, Nazareth and Northampton. I also cover school district markets such as Parkland, East Penn, Northern Lehigh, Southern Lehigh and Salisbury.
It appears it could happen, but not in the usual way.  Southwest announced today that they are buying AirTran Airways, which flies out of Lehigh Valley International Airport.  Usually mergers like this are approved on the condition that services already provided by each airline are not disrupted,...
Changes to FHA financing now scheduled to take effect on October 4 will probably raise the monthly payments for those who use the popular FHA Financing option.  My loan officer, Mona Campos from Keystone Financial Mortgage in Bethlehem, recently showed me how the numbers add up. Currently all FHA...
ESPN did a series this week on the food served at sports arenas and stadiums across the country and the results were pretty shocking! I got to thinking about our local major sports venue, Coca Cola Park, and thought it was worth checking into the report card the home of the IronPigs received from...
My top-notch loan officer Mona Campos tells me that if the interest rate on your mortgage is above 5.5% you should be talking to somebody about refinancing your loan.  The three biggest reasons to refi are to lower your monthly payment, to lower or lock-in your rate and to shorten your loan term....
I've heard from a lot of clients and friends lately asking about different roofing companies and their reputations.  It seems hail storms drive out-of-the-area contractors into an area before the hail has even melted!  Many of these companies claim to get you a new roof for free without even payi...
It hasn't gotten very much attention, but recent changes from Fannie Mae will make it more difficult for home buyers to close on loans. The new Loan Quality Initiative will require lenders to pull a second credit report right before closing to ensure that borrowers haven't taken on an unmanageabl...
The Senate is expected to take up a bill this week that would extend the deadline for tax-credit closings by up to three months.  The bill would not allow new buyers into the program, but would give an extension of the closing deadline to those already under an agreement of sale.  The bill seems ...
The Wall Street Journal is reporting that 15-year interest rates have hit a historic low of 4.2% and 30-year rates are also still under 5%!  The 30-year rate is now at 4.79%.  The government tax-credit incentive may be over, but these interest rates are incentive enough for anyone looking to buy ...
I get a lot of questions from home buyers and sellers about the home inspection process.  Today we'll look at it from the buyer's point of view.  We'll look at the seller's side later this week. First of all, is it necessary to have a home inspection?  Necessary, no; recommended, yes.  A good hom...
I know I promised some thoughts on the recent Lehigh Valley Association of Realtors report in my next post, but I've come across something else that I'm really excited about. Every year, RISMedia and REAL Trends release two of the real estate's most comprehensive surveys: the RISMedia Power Broke...

Joe Corcoran

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