Surviving the Pocono Real Estate Market Turbulence | August 2023 Poconos, PA Housing Market Update

Send us Fan MailPicture this: you've been watching the Pocono real estate market closely, but the skyrocketing 30-year mortgage rate, which is on the brink of a 7% two-decade peak, has you questioning your next steps. The market's reaction hasn't been encouraging either - new listings in Monroe County are down 13.6%, while pending sales and inventory have decreased by 22.6% and 18.8% respectively. Surprisingly, the median sale price is up 6.9%! Tune in as we dissect these elements and ponder what might be coming next, including a potential softening in prices for single-family homes in the Poconos.But wait, there's more. In these challenging times, it's crucial to have a skilled team by your side, especially when you're considering investing in real estate. We've assembled a powerhouse team at Skill Property Finders to help you through this. We'll share our first-hand experiences in navigating these tricky waters and highlight the importance of understanding the unique dynamics of your market. Better yet, we'll reveal the ins and outs of our services, and how we can assist in finding your next short term rental, Airbnb, or investment property. Are you ready to learn from our experiences and insights on the current Pocono market? Let's get started!NEED A REALTOR?Call Annabel Perdomo at (718) 551-1909or email at: [email protected]. Realty: 1888-397-7352 ext. 137Check Out Skilled Property Finders!Home of the 21 Day Close - We will close on your property in 21 Days or less OR we'll give you an additional $5,000!Call now at: (570) 972-2473or check out our website: www.skilledpropertyfinders.com Download the free Sovereign Standards Manual. A short guide to discipline, clarity, and Authority & Freedom. Get it here:https://offer.elitestrategiesconsulting.com/ Reserve your seat for the FREE Webinar here!https://webinar.thesovereignstandards.com/ Support the showFREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter: https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-resetOwn rentals and ready to operate? Apply to the private community: https://signal.elitestrategiesconsulting.com/apply?utm_source=podcast&utm_medium=description&utm_campaign=community-applyLive masterclasses (Pennsylvania & Florida): https://event.elitestrategiesconsulting.com/