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Thursday, September 26, 2013

Selling a Subdivision -- Locust Valley Estates

I hope this post finds you well,

I would like to share a story. I'll be as brief as I can.

Today was a wildly successful day as I Sold the majority of a subdivision down in Upper Saucon Township. A special thanks goes to my buyer Rotelle Development. I believe Rotelle's astute professional approach is reflected well in this webpage about land development. Heck, the owner puts his phone number right on this page. Most developers are not this transparent. 

You can check out the individual Sold listings and lots here. I'd like to note that on one part of the transaction I represented the buyer only; notice the pictures without the lush greenery to see where I only worked with the buyer. I'd like to thank Manda Schall for taking some splendid pictures and helping me to market my lots within the subdivision, if you need some pictures, hire her like I did!



 The original developer of the subdivision went bankrupt and equity from the neighborhood plummeted for the the handful of homes that were built right before the housing market burst. I am under the impression that none of the home owner's in Locust Valley Estates purchased their lots for less than $190,000. 

I have great sympathy for these home owners and I passionately believe they will see equity restored to their homes as Rotelle builds some stunning homes in Locust Valley. If somebody has some interest in this area of Upper Saucon, let me know, it helps when negotiating to know the builder well.

 I'd like to thank Elysium Acquisitions LLC, my seller, in this Subdivision for managing and beginning the restoration process of a distressed property. Undoubtedly, it is Elysium's efforts that will restore equity to the neighborhood. Land development is an incredibly difficult art and it is necessary for municipalities and locales to grow into the future. 


Sincerest and the best,

Stephen




Tuesday, September 17, 2013

September Market Update :)

Hello!

I Sold this home back in July (I can't believe it is September). It sells new for about 375,000. My client did much better than that.







Homes Sold Since

 Generally, it has seemed that the Lehigh Valley Market has gotten better and below this picture are three homes that have sold since I put the home to the left Under Agreement.




This development is called The Manors at Highgate in Breinigsville Pa.


Below are Video Updates for Lehigh and Northampton!

Northampton County.

Lehigh County




-Stephen