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What is an absorbtion rate?
An absorbtion rate is the number of months it takes to sell the current home inventory at the present rate of sales. We look at two primary numbers to calculate this factor:
How many listings are currently on the market? and How many listings sold last month?
Take a look at the numbers for February 2008.
Many clients have been talking about the increase in homes listed as they drive through the neighborhoods. Someone said to me the other day "Its almost the exception to see the SOLD sign recently". The absorbtion rate helps us quantify what we are seeing and helps realtors and those in the real estate markte to be aware of recent trends. An absorbtion rate is the number of months it takes to sell the current home inventory at the present rate of sales.
Below is a graph for February 2008 - notice the sharp increase in supply. Recent numbers show Northampton County in general has a 27 month supply of homes... so Nazareth is fairing a little better.

Based on this chart, it would take 21 months for all of the homes to sell if we continue to sell at the current rate. Thats a LONG time! Pricing your home to be competitive is going to be key in a buyers market. Homes are priced high or even priced along with the competition might sit because there are simply not enough buyers for all of the inventory.
If you have any questions on the buying/selling process in Nazareth PA or the Lehigh Valley please feel free to contact Jill and Ron Fuhrer. We are always happy to help.
Click to view Nazareth PA Real Estate Listings from $0.00 to $200,000.
Click to view Nazareth PA Real Estate Listings from $200,000 to $300,000.
Click to view Nazareth PA Real Estate Listings from $300,000 to $400,000.
Click to view Nazareth PA Real Estate Listings from $400,000 to $500,000.
Click to view Nazareth PA Real Estate Listings from $500,000 to $600,000.
You can search for homes in Nazareth and the Lehigh Valleyhere, which ties directly into the MLS!
Jill Fuhrer -484-241-5186
Ron Fuhrer -484-241-5185
Prudential Patt White
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It is 3:30AM Easter Morning. You are awaken by the sound of music. Music? At 3:30 in the morning? That's right!
It is tradition in Nazareth, PA for the Nazareth Moravian Church Brass Choir to walk down the streets of Nazareth playing their Brass instruments early Easter morning. This tradition started back in the 1740's when the Moravians settled Nazareth and has continued until present day.
Many residents come out of their homes to greet the brass choir, some sleepy-eyed, with "Happy Easter!" or "Christ has Risen!" Newcomers to Nazareth have called the police to find out what is going on. Few call the police to complain about the loud music. Most Nazareth residents find it a pleasant experience.
This year, the police have been notified ahead of time and will escort the brass choir during their walk down the streets of Nazareth to settle any complaints about the "noise" so early in the morning.
It is truly a very nice experience, waking up to music played by the Nazareth Moravian Church Brass Choir on Easter Morning.
REJOICE, CHRIST HAS RISEN!
HAPPY EASTER, EVERYONE!
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The Nazareth Area High School Theatre Troupe presents Rodgers and Hammerstein's musical "Oklahoma".
Performance dates will be April 11, 12, 18, 19 with curtain time at 7:30PM
Matinee performance dates will be Sunday, April 13 starting at 2PM
Tickets are $10 for adults and $7 for students.
Those of you that would like to have dinner before the show, a Dinner Theatre will be offered Saturday April 12, with dinner at 6PM in the HS Cafeteria and show starting at 7:30PM in the HS Auditorium. The dinner menu will consist of your choice of:
Fresh Fruit Cup or Salad with Dressings
Steam Ship Round of Beef (carved on serving line)
Herb Roasted Chicken with Corn Bread Filling
Flame Roasted Whole Kernel Corn with Peppers
Parsley Buttered Carrot Slims
Twice Baked Potato Casserole
Apple Crisp with Topping or Lemon Meringue Pie
Sugar Free Jello with Topping
Rolls and Butter
Coffee, Tea, Lemonade, Ice Tea and Water
MMMMMmmmmmmmm! That menu sounds great! My mouth is watering already. The tickets for the Dinner Theatre are $30. The dinner theatre tends to sell out quickly, so hurry and get your reservations in fast.
You may make reservations for the rest of the performances ahead of time or just before the show. But, please do be aware that if you wait to purchase the tickets before the show, you may not get choice seating.
The Nazareth Area HS Theatre Troupe does put on great musicals and you will truely enjoy yourself. I know first hand. I go every year. You will not regret it.
For reservations call: 610-746-9002
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| New Listings | 107 | |||||
| Back on Market | 10 | |||||
| Price Increases | 6 | |||||
| Price Reductions | 66 | |||||
| Contingents | 10 | |||||
| Pendings | 43 | |||||
| Solds | 24 | |||||
| Expireds | 23 | |||||
| Inactives | 34 | |||||
Tired of searching for your new home?
We will provide you with a FREE list of homes for sale that match your buying criteria as soon as they come onto the market. The best homes often sell very quickly, often before you even get a chance to see them. To avoid this sign up for the Free House Hunter Program that does all the work for you http://http://www.freehousehunterprogram.com/or call 24/7 877-735-3527 ID # 1071
Buy a home for less than $1200 with Zero Money Down
"Now you can realize the dream of owning your own home with zero down payment."
The Zero Cash Down Payment Program offers you a way to buy a home with no down payment. That's right zero down payment. You may have owned a home before and are presently renting, or are a first time homebuyer and need a way to break into the housing market but held back because you thought you required a substantial down payment. Or you may be in the position where you do not want to liquidate your financial assets to use as a down payment on a home. Regardless of your present situation, you want a way to get into or to reenter the housing market without having to make a cash down payment. The Zero Cash Down Payment Program may be just the answer you need. Here's what is required to qualify for the Zero Cash Down Payment Program. For more information go to http://http://www.nocashdownprogram.com/ or call 24/7 OR CALL 877-735-3527 ID # 1074
Wonder what your home is really worth?
Do you wonder what your home is truly worth? To find out simply fill out a quick over the net home evaluation. Go to http://http://www.onthewebhomeevaulation.com/
If We Don't sell your home in 59 days we will pay you up to a $10,000 cash reward.
I am so confident that I can sell your home 59 days or less that I will actually pay you up to $10,000 if I can't. To make things even better, If I do not sell your home in 68 days I will buy your home from you for an upfront price acceptable to you. Please call 484-542-2868 for more details or VISIT http//www.mycashrewardprogram.com/ for more details.
To hear a prerecorded message explaining my 68 day guarantee call 1- 877-735-3527 ID# 1072 or go to http://http://www.lvguaranteedsale.com/
Don Wenner
Keller Williams Real Estate
Direct: 484-542-2868
office: 610-867-8888
PA RE Licence # RS300485
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Nazareth, PA has an excellent school system in place. Many different programs are offered in the schools.
At the elementary level, if your child is a over achiever, they have what is called the "Gifted Program". This is a program that allows children that are bored with the regular classes, and are above average, to get together and do extra curricular activities. They are taken out of their classes about twice a week and do creative projects to keep their minds active. On the other hand, if the child needs extra help to keep up with the class, it is available. The teachers work with each student as individuals.
At the middle school and high shool levels, there are many activities and clubs available to the students. There seems to be something for every type of interest. The High School has a great band and orchestra. The orchestra performs with the drama club, when the spring musical is put on. The musical has several performances and is usually a sell out. The band plays at the school football games and competes with other schools. The band usually places within the top 3 at these competitions. Other extracurricular activities are: Art Club, different Athletic teams, science club, cheerleading, religious clubs, ski club, etc. There's practically a club for every type of interest.
Not only are there clubs and activities involved with schools, there are also outside clubs for the youth. There are many different 4H clubs (4H is not just agriculture. It offers also different craft projects, shooting sports, etc.), scouting, environmental and agricultural activities, horse clubs, etc.
Nazareth is located in the Lehigh Valley. The Lehigh Valley offers many schools for higher education. Once the children graduate from HS, they can opt to attend any of the many local colleges and universities in the area. They are Lehigh University, Desales University, Lafayette College, Moravian College, Cedar Crest College, Kutztown University, branches of Penn State, Muhlenberg College. (I think I named them all.) There are also Community Colleges in the area, Northampton County Community College and Lehigh-Carbon Community College, which offer excellent courses.
My children went through the Nazareth School System and received an excellent education. They also attended the local colleges, which prove to also give a great education in their majors. So, all in all, Nazareth and the Lehigh Valley has many good eduactional opportunities to offer.
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