Sales of houses in the Lehigh Valley continued their percentage of decline into the second quarter of 2018 compared to the same time in 2017, just as the prime summer residential real estate sales season gets underway.
According to the May monthly report of the Greater Lehigh Valley Realtors (GLVR), closed sales were down a bit less: 8.5 percent with 765 houses sold in May, compared to 836 houses sold in May 2017.
Giant Food Stores is donating $216,000 to Second Harvest Food Bank of the Lehigh Valley and Northeast Pennsylvania’s “Backpack Buddies Program.”
“Being in the retail food business for 95 years, we know we can and must make a very big difference in the fight against hunger in our many communities,” said Christopher Brand, Director of External Communications and Community Relations for Giant.
House sales in the Lehigh Valley declined for a third-straight month, this time in double-digits for April, putting house sales for the year-to-date in negative territory.
Closed sales were down 10.6 percent with 591 houses sold in April, compared to 661 houses sold in April 2017, according to the Greater Lehigh Valley Realtors (GLVR) April report.
Closed sales for 2018 are down 3.2 percent, with 2,118 houses sold, down from 2,189 houses sold year-to-date or 2017.
An outdoor ribbon-cutting for Valor The Advisor Network will be held at 5:30 p.m. June 7 at 123 S. Third St., Easton.
Easton Mayor Sal Panto, members of the Easton Area Chamber of Commerce, and staff of the Valor Network are expected to attend.
Tours of Valor’s newly-renovated offices, Suites 4 and 5, will be given as part of a networking event that will include music. There will be food and refreshments provided by Blue Ridge Winery, Mojo Hill, Chocodiem, and Bank Street Creamery.
The event is free and open to the public.
Pennsylvania Gov. Tom Wolf has announced a $135,000 grant to Manufacturers Resource Center (MRC) in coordination with the Lehigh Carbon Community College and Workforce Board Lehigh Valley for the development of a new manufacturing training program for the Lehigh Valley.
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.