Bethlehem, PA is actually comprised of North Bethlehem, West Bethlehem, South Bethlehem and Bethlehem Township; each one is a separate municipality. The major municipalities in the Lehigh Valley are simply described as Allentown, Bethlehem and Easton. Prospective homeowners bought homes in these areas durng the real estate boom and there may be a higher concentration of foreclosures in these 3 municipalities. However, the Lehigh Valley is comprised of over 70 municipalities in Northampton and Lehigh Counties and the foreclosure rate for the area is not as high. Major employers for the Lehigh Valley can be found at www.lehighvalley.org for more information on the employment outlook. The Lehigh Valley is a great place to live and work. For more information on the Lehigh Valley tourism, go to www.lehighvalleypa.org.