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Bethlehem

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Whether you are a first time home buyer or trading up to a larger home, we work to find the best home loan solution for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Bethlehem Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Bethlehem, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify.

Bethlehem Pennsylvania Overview & Statistics

Bethlehem Overview

As of 2007, Bethlehem's population is 72,704 people. Since 2000, it has had a population growth of 1.93 percent.

The median home cost in Bethlehem is $245,200. Home appreciation the last year has been -1.60 percent.

Compared to the rest of the country, Bethlehem's cost of living is 1.71% Lower than the U.S. average.

Bethlehem public schools spend $6,111 per student. The average school expenditure in the U.S. is $6,058. There are about 16 students per teacher in Bethlehem.

The unemployment rate in Bethlehem is 4.90 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Bethlehem jobs have Increased by 0.99 percent.

Bethlehem Climate

Bethlehem, PA, gets 42 inches of rain per year. The US average is 37. Snowfall is 26 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 102.

On average, there are 202 sunny days per year in Bethlehem, PA. The July high is around 86 degrees. The January low is 24. Our comfort index, which is based on humidity during the hot months, is a 47 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Bethlehem Housing

The median home value in Bethlehem, PA, is $245,200. Home appreciation is -1.60% over the last year. The median age of Bethlehem, PA, real estate is 51 years.

Bethlehem, PA Apartments and Rentals

Renters make up 39.48% of the Bethlehem, PA, population. 5.14% of houses and apartments in Bethlehem, PA, are unoccupied (vacancy rate).

Bethlehem Crime

Bethlehem, PA, violent crime, on a scale from 1 (low crime) to 10, is 5. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Bethlehem, PA, property crime, on a scale from 1 (low) to 10, is 5. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.bethlehem-pa.gov

Bethlehem Real Estate Agents

Pennsylvania First Time Home Buyers Grants

Pennsylvania First Time Home Buyer Programs

Pennsylvania Home Loans

 


   
Housing Not Yet At Bottom
 Real Estate continues to lose value. One expert predicted the subprime financial crisis in 2008 and is now calling for an Economic Depression in 2011 -2012. Learn how he is helping others protect and greatly increase their wealth in spite of the financial crisis. Read more>>>

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