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More Good News for Northeastern PA...

By
Real Estate Agent with Keller Williams Real Estate AB-061766L

Good thing my first morning cup of coffee was decaf. The only pick-me-up I needed today was found on the front page of my morning newspaper.

There it was in The Times-Tribune...NEPA house prices rose 7.2% last year.

"...things are different in the Scranton/Wilkes-Barre metropolitan area, where home prices in 2007 increased 7.2 percent, according to another index released Tuesday. The Office of Federal Housing Enterprise Oversight ranked the metro area 18th in home-price gains among the nation's 291 metro areas. Scranton/Wilkes-Barre shared the top 20 with other low-profile markets such as Bismarck, N.D., Longview, Wash., and Beaumont, Texas."

Sure it was below the fold. The photo and story of last night's presidential campaign took care of that. But I'll take any good news, regardless of where it appears, as more reinforcement that Northeastern Pennsylvania is a great place to buy a home. I hope buyers are paying attention, especially those who try to offer 20-30% less than the list prices of competitively-priced homes, because the national media has told them of the housing market woes.

I turn the page to more good news. On page 3, there's Scranton's Mayor Doherty behind the podium delivering his State of the City address.

  

Connecting the Dots is what it's all about, he says. More blighted properties being torn down, 30 in West Scranton alone. And who isn't excited about next year's opening of the new Commonwealth Medical College? The mayor claimed it's the first new medical school in 50 years. I know it's been a while, but half a century? Wow! And for all those NASCAR fans coming to the Poconos in June - a festival hosted by Scranton just for you.

Good news at a great time of year. Might even bring a smile to Dwight's face.

Scott Geary
Infinity Home Mortgage Company Inc - Allentown, PA
Your Pennsylvania Mortgage Source

Thats terrific news for the Great NE of PA. Having lived in the wonderful communities of Avoca, Pittston and Shavertown years ago, I have always had a soft spot for that area. My kids were born there and the people were incredibly nice. I am sure I even did a cattle loan or two in farms up in your area back in the day! Finally Scranton has something to brag about again, other than Dunder Mifflin! Incidentally, did you know that Bismark North Dakota is the home of the Raccoon Lodge National Cemetery? At least that's what they said on the old HoneyMooners episode.

Great news Kim! Enjoy the year!

Feb 27, 2008 08:15 AM
Todd Jones
Weichert Realtors - Hibble & Associates - Clarks Summit, PA
Way to share the great news! Buyers now is the time, the market is hot. Make your investment in NEPA.
Feb 28, 2008 04:23 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Now that summer is here, hope the news is even better in your market.

Jun 19, 2008 10:55 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good news...Good news...Always love hearing good news!  Thanks for sharing.

Dec 13, 2011 04:44 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks for sharing the good news

Happy new year

Jan 03, 2012 10:02 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Kim, with all that fun stuff going on in Scranton, no wonder home prices are going up! 

Feb 04, 2012 01:49 PM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

Kim

Always nice to read of good news in the housing market. Let's hope this good news spreads all over the country. We need a gigantic pick-me-up :)

Feb 29, 2012 02:24 PM