stroudsburg: An American Idol Coming to the Poconos! - 11/03/09 02:15 AM
Remember last season's American Idol? It was the "Battle of the Davids", and David Archuleta was the very young runner up.  David will be giving the Poconos a Christmas concert at the Sherman Theater in Stroudsburg on December 18 at 7:30pm! For only $30, you can enjoy the "Christmas From the Heart Tour" and get into the Christmas spirit! For more information, go to shermantheater.com!
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stroudsburg: May Home Sales - 06/23/09 08:21 AM
The news is getting better! The National Association of Realtors reported that existing home sales rose 2.4% in May, compared to April, while the median price of homes sold in May was just $173,000, a 16.8% year-over-year drop.  Homes are continuing to sell, with prices still dropping. Part of this is attributed to the $8000 tax credit that is drawing in first time home buyers. 
Locally, in the Pocono Mountains, we saw 131 homes sold last month (in Monroe County), with an average selling price of $165,138.  In April 2009, Monroe County had 102 home sales. So just like the national trend, our home … (0 comments)

stroudsburg: Pocono Raceway Festival - 03/31/09 03:26 AM
Saturday, June 6th is the day before the first NASCAR race at Pocono Raceway this season.  This year, Stroudsburg is hosting a Pocono Raceway Festival from 12-8 on June 6th! It will take place right on Main Street, with the biggest headline being THE MARSHALL TUCKER BAND FREE CONCERT!!!  Additionally, the event will feature:
•·       Multiple Nascar race cars
•·       Race simulators
•·       Remote Control Car Races
•·       Nascar Hi-def videogaming
•·       Nascar drivers
•·       Other regional race cars featuring quarter midget, late model, street stocks, and 4 prose
•·       Local Boy Scout Pine Box Championship Race
•·       Additional Live Music … (1 comments)

stroudsburg: Stimulus Plan - 02/13/09 05:19 AM
Today is big day for the stimulus plan.  If it is passed today as expected, what will it mean as far as real estate goes? First-time home buyers purchasing a home between January 1, 2009 and December 1, 2009 are eligible for a credit up to $8,000.  That alone is good news, but what's even better is that it does not have to be paid back.
So, locally, there are currently 2,201 residential homes for sale in Monroe County, and 678 for sale in Stroudsburg & East Stroudsburg.  Take advantage of this opportunity - there is plenty to choose from in … (0 comments)

stroudsburg: Home Sales Looking Up! - 02/05/09 01:21 AM
CNNMoney.com reported on Tuesday that the number of home sales contracts signed increased in December 2008. This number rose 6.3% after dropping 4% in November 2008.  This means that the decreasing home prices and the low mortgage rates are luring buyers back to the market!  Though this is a national average, it also affects the Pocono Mountain region as well!  Though the market is not nearly what it was 2-3 years ago, certainly things appear to be turning around. If you are looking to buy or sell in the Stroudsburg, East Stroudsburg, Delaware Water Gap or anywhere in the Monroe or … (0 comments)

stroudsburg: Market Conditions - 01/08/09 05:02 AM
Great news! We've previously talked about the interest rates, and how they've dropped. Well, those low interest rates have really jump started our 2009 here in the Poconos! Things are moving and shaking! We've had many first-time buyers realizing what a great opportunity it is to purchase a home in the Pocono Mountains, as well as other buyers looking to take advantage of prices and interest rates. As we sit here in our office in downtown Stroudsburg, we continue to brag about our area and all it has to offer all year 'round. With such a close proximity to Route 80, the Delaware … (0 comments)

stroudsburg: Welcome Center - 01/07/09 11:13 AM
Anyone traveling into the Poconos from the East surely has seen the Welcome Center in Delaware Water Gap, just off Route 80's Exit 310.  This 12,700 square foot building was just built and opened in 2006, replacing a 50 year old building. With large windows brightening the entire area, the stunning building welcomes all as they cross from New Jersey into Pennsylvania: commuters coming back home, vacationers, or just someone lucky enough to be passing through the Pocono Mountains as they keep heading west. You can find brochures and information on the entire area. Anything you are looking for...you can find … (0 comments)

stroudsburg: Merry Christmas! - 12/25/08 01:39 AM
Just a quick note to wish all my clients, friends and readers of my blog a Very Merry Christmas! It is a warm Christmas here in the Poconos, Stroudsburg and all of Monroe County with temps already well above freezing and headed for the 40's today! Should be a great spring ski day at Camelback Ski area or Shawnee Ski area for everyone who got their new ski or snoboard equipment for Christmas.
Please enjoy the day with Family and Friends!
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stroudsburg: A Cold Day in the Poconos and Mortgage Rates - 12/22/08 04:27 AM
Good Morning on this cold day in the Poconos. Our two winter storms over the weekend provided about 12" of snow! The town and surrounding area look so beautiful with the snow for the Holidays. It looks like we will enjoy a White Christmas this year in the Pocon Region and all of Monroe County.
The ski season is off to a great start at Camelback Ski area, Shawnee Ski areaand Big Boulder Ski area. The combination of early cold weather which allowed the resorts to begin making snow and then our own natural snow this weekend means it is shaping … (0 comments)

stroudsburg: Interest Rates at All Time Low! - 12/18/08 06:11 AM
Todays blog relates to the historic move yesterday by the Federal Reserve Bank. The FED reduced their key benchmarh lending rate to a target of 0% to .25%, numbers never seen in history. This was a larger than expected and highly unusual move to help the economy. The FED also stated that they will use "all available tools" to help the economy rebound. Additionally, the FED's statement said it will extend credit to households and small business beginning next year. A point which could be good news for the foreclosure situation, as well as new construction and home purchases in the Monroe … (0 comments)