An outlook at housing in the Lehigh Valley

Published: Sep 26 2013 08:49:00 AM EDT   Updated On: Sep 26 2013 09:37:39 AM EDT

   New home sales rose in August by about 8 percent compared to July.
    But economists say overall the housing market has lost some steam,  over concerns of higher interest rates and a shortage of homes for sale.
      Owner of Kay Builders, Rick Koze stopped by our 69 News Studios to give us an update on the market in the Lehigh Valley.