Reported by The Craig Liles Team, Associate Broker, Senior Residential Specialist, ASP Master Stager, REALTORS
Updated March 12, 2012.
Current Market Rating: 2
1
2
3
4
5
Buyer's
Seller's
Current Price Trend: 2
1
2
3
4
5
Falling
Rising
Easton has slowed the bleeding since we fell into this awful real estate market that crashed in 2008. In 2011, Easton School District had only 1% fewer sales than the previous year! It's still 51% fewer sales than the Easton peak in 2005, but it does appear that things are taking a turn for the better. Wilson School District sales fell 18% during that same time, but the average price in Wilson actually increased by 1%...another good sign! Nazareth didn't fair quite as well with both sales and avg price falling by 10% from the previous year. But in the First Quarter of 2012, we've seen strong activity in Nazareth, Pen Argyl, and Bangor. The market seems to be stabilizing somewhat and this has been helped a great deal by low interest rates. We're even starting to see more buyers from New York and New Jersey again, which is key to getting our prices up...even if it is just a little bit of recovery from the peak which, for most of the Easton Area, was in 2003-2004. It seems the wave pushes from East to West. Sales and Prices declined first in the Easton Area and Northampton County, in general. So possibly we're seeing the first signs of recovery as activity is picking up in these same areas which, hopefully, will push West to Bethlehem and Allentown.
ZIP Codes: 18042, 18045 Location Characteristics: Easton is a city in Northampton County, Pennsylvania, United States. The population was 26,800 as of the 2010 census.[1] It is the county seat of Northampton County.[2]
Along with Allentown and Bethlehem, Easton is one of the primary cities that comprise the Lehigh Valley, Pennsylvania's third most populous metropolitan area. Easton is the easternmost city of the Lehigh Valley, sitting on the confluence of the Delaware River and the Lehigh River, for which the Lehigh Valley is named. Easton is the smallest of the three Lehigh Valley cities, with approximately one-fourth of the population of the largest Lehigh Valley city, Allentown.
Easton is almost equidistant from Philadelphia, which is 60 miles (97 km) to the south, and New York City, which is 70 miles (110 km) to the east.
The city is split up into four sections: Historic Downtown, which lies directly to the north of the Lehigh River, to the west of the Delaware River, continuing west to Sixth Street; The West Ward, which lies between Sixth and Fifteenth Streets; The South Side, which lies south of the Lehigh River; and College Hill, a neighborhood on the hills to the north which is the home of Lafayette College. The boroughs of Wilson, West Easton, and Glendon are also directly adjacent to the city; the first and largest of which, Wilson, partially aligns in the same North-South Grid as the city of Easton.
The greater Easton area consists of the city, three townships (Forks, Palmer, and Williams), and three boroughs (Glendon, West Easton, and Wilson).
Centre Square, the town square of the city's Downtown neighborhood, is home to the Soldiers' & Sailors' Monument, a memorial for Easton area veterans killed during the American Civil War. The Peace Candle, a candle-like structure, is assembled and disassembled every year atop the Civil War monument for the Christmas season.
About The Craig Liles Team:
In order to best serve my clients, I focus on my Customer's Needs and Wants providing Honest, Direct Answers. I manage a (4) person Realtor Team with specializations in Selling Homes, Buyer Agency, Short Sale Negotiation, Staging Services, Estate Liquidation, and Foreclosure Purchases.
After many years with a large corporate franchise system where I was Broker and Coach for Keller Williams in Allentown, I moved my team to locally-owned Croslis Realty. It was a strategic move to a company that had local ties for a more family-friendly evironment and also provided legal support through Croslis & Brennan Law Offices. Service and Support are our keys to success. Unlike other real estate offices that focus primarily on recruiting and growth, we emphasize quality care and the flexibility to help our customers and the support to protect their interests, while minimizing their out-of-pocket expenses. Our strengths including communication, negotiation, contract management, finance, pricing, and knowledge of the area and marketplace.
My business is built on Processes and Systems such as a web-based database, process/contract management, milestone checkpoints, a network of service referrals, and continuing education.
My Marketing Plan is aimed at getting started Quickly and Aggressively. We mix a variety of marketing tools that range from National Syndication of Websites to Local Networking Groups to Proactive "Call Capture" Tools. It's a model that works for both the Customers and our team.
WIN - WIN!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
