Poconos Real Estate - Poconos Homes For Sale

With over 39 years experience our Poconos real estate professionals can put you in touch with the best deals in the local Pocono real estate home buying and selling markets. There are free tools on this web site to help get your next real estate transaction started, whether you're buying, selling, renting or investing. Here you will find details on communities in the Pocono real estate region and information on services to help get you the most for your real estate investment. Remember to check the community and service pages often, as we are always adding more information.

Pocono Lake Homes

Poconos Ski Homes

Poconos Vacation Homes

Poconos Cabins

Poconos Foreclosures

Poconos MLS Search

Our Poconos MLS search, over there on the right, enables you to browse local homes for sale and get a sense of the market before you buy or sell. Every home for sale from every real estate broker in the region is listed and updated every day right here. You have access to the latest Poconos MLS listings from every other participating broker in the area so bookmark this site and make it a favorite! Whether you're looking for luxury homes, view homes homes, lakefronts, foreclosures, or fixer uppers you'll find them on this site. You can also have the newest listings of interest sent to you automatically - all listings will include multiple pictures, virtual tour, addresses, prices, bedrooms, bathrooms, year built, property features maps, and more. For investors we also offer by request, a free list of Pocono foreclosures. Just ask for it in the Real Estate Information Request Form..

Poconos Home Values

Home values in the Pocono Mountains have fallen since 3007 about 25-28% in total. with about 8% of that occuring in the last year. There are pockets of communities throughout the region, specifically the mountain areas and prominent luxury developments in Lake Naomi, Timber Trails, Hemlock Farms, Glenbrook in Stroudsburg, PA and Buck Hill Falls where prices have not fallen quite as much. If you're thinking of selling your Poconos home because you're ready to downsize, ready to move up to a larger home, transferring out of the area, or you can no longer afford to own your home any longer and you need to sell fast to avoid a short sale or foreclosure, then a home evaluation is necessary to get started. A Poconos Real Estate Agent's free home evaluation include up-to-date detailed comparable sales information (CMA) so you will know what homes are selling for in your neighborhood. This detailed information will be emailed in an easy to read format that you can print and save, and is also available by mail or an agent can visit and drop off the evaluation at your door. Again, there is no cost for the home evaluation service. Ask for it in the request form on the right. .

Poconos Real Estate News

Its no secret. The Poconos Real Estate Market like the U.S. economy has slowed since the beginning of 2008, with the housing market in decline, unemployment levels rising and consumer spending dropping . But Federal Reserve Chairman, Ben Bernanke, reports that the pace of contraction may be slowing. He says, "We expect that the recovery will gradually gain momentum and that economic slack will diminish slowly. In particular, businesses are likely to be cautious about hiring, implying that the unemployment rate could remain high for a time even after economic growth resumes later this year." In terms of housing, the Fed forecasts indicate the housing market is in fact stabilizing.

One trend noticed in ths last few weeks (starting in mid February 2010) is that the foreclosure market is now being dominated by investors with cash. While this seems to be a major trend in some national markets like Las Vegas and souther California, it is now just beginning to occure in the Poconos. Investment buyers (those seeking to buy and then to rent, or those buying to hold, fix and resell later) are now recognizing that the market is at or near bottom. Here's a look at a AP report on the trend elsewhere. These buyers are now swooping in to pick up some of the really cheap foreclosures. Fill out this form for more information on Poconos Real Estate Foreclosures

HUD: Tax Credit Can Be Used on Closing Costs

FHA-approved lenders received the go-ahead to develop bridge-loan products that enable first-time buyers to use the benefits of the federal tax credit upfront, according to eagerly awaited guidance from the U.S. Department of Housing and Urban Development on home buyer tax credit loans that was released recently. Under the guidance, FHA-approved lenders can develop bridge loans that home buyers can use to help cover their closing costs, buy down their interest rate, or put down more than the minimum 3.5 percent.

The loans can't be used to cover the minimum 3.5 percent, senior HUD officials told reporters on a conference call Friday morning. Thus, buyers applying for FHA-backed financing with an FHA-approved lender that offers a bridge-loan program can get a bridge loan to bring down the upfront costs of buying a home significantly but would still have to come up with the minimum 3.5 percent downpayment. There remain many sources of assistance for buyers needing help with the 3.5 percent downpayment, including many state and local government instrumentalities and nonprofit lenders.

The first-time homebuyer tax credit was enacted last year--and improved upon earlier this year--to help encourage households to enter the housing market while interest rates are low and affordability is high. The credit is worth up to $8,000 and is available to households that haven't owned a home in at least three years. The credit does not have to be repaid, and is fully reimbursable, so households can get their credit returned to them in the form of a payment.

Mortgage Money is Available from Local Pocono Banks

Pocono Banks like East Stroudsburg Savings, Pocono Community Bank and Penn Security Bank are aggressively seeking to lend money to borrowers on mortgages on Poconos Real Estate in the Monroe, Wayne, and Carbon County areas. These institutions are virtually unscathed by the current credit crisis as they tend not to sell their mortgages and work with their own cash on hand. It is unlikely that any of these three banks have issued any sub prime mortgages and they all have lower than the national average foreclosure rates. 01/21/2010 - Credit is loosening up we now have 3% down mortgages again. Call USA Realty to discuss homes that qualify for low down payments 570-517-2428.

	Featured Poconos Lakefront Home East Stroudsburg, PA - 3 Bedrooms, 2 Baths plus a Jacuzzi room. Full finished family room, views from every room, low taxes, jacuzzi for 6 on lower level in private suite. Welcome home your beautiful lakefront awaits your arrival! Own the home on a pretty private lake with the lowest taxes! Relax on the amazing deck with unbelievable lake views. Step out to your own private lake access, who could ask for anymore!! 15 minutes to skiing, golf, casino, rafting, snowtubing, motorboating, and all Poconos Activities. Community has pool, and club house. $ 245,000 $245,000 - USA Realty 570 517 2428
	Featured Poconos Mountains Ski Home Camelback Mountain, PA - Great ski vacation townhome with a wonderful view of Camelback Mountain and the ski slopes in winter. A townhome with complete exterior maintenance like; siding, roof, decks, landscaping, snow removal and more. In like new condition with lots of upgrades and an excellent rental history both winter and summer. 2 bedrooms, sleeping loft and pull out in living room (sleeps up to 8), two baths, 1100 square feet of living space, Fireplace - Kitchen Breakfast Bar, Master bedroom on 1st or 2nd floor, Deck with View of the Mountain, Don't miss out on this great property, ready for ski or summer season. Camelback Mountain, Camelbeach, Outlet Shopping, Casino and Restaurants all in a close distance to this exceptional home. $189,900 - USA Realty 570 517 2428

The State of Real Estate in the Poconos Mountains

Camelback Mountain
Homes for Sale

List of Poconos Builders

Pennsylvania State Cabins

Featured Cheap Home of the Month January 2010 $79,900 Priced to Sell This Week 3 Bedroom 2 Bath Two Story in Great Shape and Ready to Live In. Recent Renovation. Near Lake and Ideal for Vacation Use or Buy to Rent out! USA Realty 570 517 2428