Over the past few years it has gotten harder to find affordable 55+ and Active Adult housing in the Lehigh Valley and Allentown, Bethlehem and Easton.
To purchase a new home in a Lehigh Valley 55+ community it typically starts at around $400,000 and then once you add in a possible lot premium and upgrades to the home you end up over $500,000.
As a result, the resale market in Allentown, Bethlehem and Easton for 55+ and Active Adult became a hot bed of activity. Homes were selling with just a few days on the market and home buyers were struggling to find their retirement homes or losing the home they wanted to a multiple offer situation.
In the past few months, we have seen a slow down in this market and more houses are coming on the market or sitting and reducing their prices in order to sell. If you've been sitting on the sidelines waiting to purchase now may be the time to start looking.
With over 30 55+ communities in the Lehigh Valley there are a lot of options. If interested, contact me for more information.
In the meantime, more information is available at www.searchlehighvalleyrealestate.com and www.lehighvalley55plus.com.
