An outlook at housing in the Lehigh Valley

Published: 8:49 AM EDT Sep 26, 2013   Updated: 9:37 AM EDT Sep 26, 2013

   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.