The increased consumer demand and already-limited supply of homes nationwide has led to the highest increase in US housing prices since 2005. Adding to the skyrocketing home values is a major supply-side issue: the availability of lumber.
Read MoreWhile still known for its relatively low cost of living and high quality of life, the Lehigh Valley has nonetheless experienced many of the issues faced by the nationwide housing market in recent months.
Read MoreAcross the country, 2020 was a record-breaking year for the housing market—and the Lehigh Valley has been no exception! Nationwide, more people have been buying homes or actively seeking to buy homes over the last year and more. Demand has outpaced supply, and housing prices have skyrocketed.
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