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Pocono Real Estate News

Read news stories and information about the Pocono Real Estate market, Pocono Vacation Rentals and local happenings.



Pending home sales up 7.4 percent in August

Pending home sales rose 7.4 percent from July to August, an unexpected piece of positive news for the battered U.S. housing market.

The National Association of Realtors said Wednesday its seasonally adjusted index of pending sales for existing homes rose to 93.4 from an upwardly revised July reading of 87. The reading

Home sales are considered... READ MORE...


Sovereign Bank, Great Mortgage Rates

Sovereign Bank, Senior Loan Officer, Ross O. Crawford announced to the agents of Pocono Resorts Realty on Tuesday September 9, 2008 that rates on 30 year fixed, 0 points mortgage have dropped to 5.875%.

Now is a perfect time for buyers with good credit to purchase a home, with interest rates at these low rates, and home prices low, buyers can afford more home, and at Pocono Resorts Realty our inventory of quality vacation/investment homes is excellent.

Sovereign is among the top five Most Admired Companies in mortgage service for 2008. To find out what Sovereign's award-winning mortgage services can do for you contact Ross today to get pre-approved, 1-215-345-8438 View Website


What rescue means for mortgage rates

Sunday's federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed... READ MORE...


Government takes on role in mortgage market

WASHINGTON (AP) -- Uncle Sam has just become the 800 pound gorilla in the U.S. mortgage market. The Bush administration is seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.... READ MORE...


How to find good investment property

The idea of owning rental real estate seems to be gaining popularity as investors tire of the swoops and swoons of the stock market. As I pointed out in a separate column, not everyone has what it takes to be a landlord. But those who do may find rentals to be a good way to build wealth.

Once you've made the decision to buy rental... READ MORE...


Golf Play & Stay Packages

Pocono Resorts Realty announces the introduction of a new service for golfers looking to stay in the Pocono's and play a variety of local golf courses. Golfers can log on to our website, www.prr1.com and pick a course and choose a home and our Agents will customize a Play and Stay package. Pocono Resorts Realty, the Pocono's Largest Vacation Rental Agency, currently has more than 700 homes, townhouses and condo's to choose from and 5 golf courses, with others golf courses joining the Play and Stay package group shortly.

With the introduction of this new service Pocono Resorts Realty is responding to owners of rental properties that have been seeking a way to increase their occupancy rate. With the large number of golfers coming to the Pocono’s during the spring, summer and fall this makes perfect dollars and sense.


Top 5 Places to Own a Summer home

Looking for a destination for all seasons? The Pocono Mountains offer skiing (winter), horseback riding (spring), sailing (summer), and hiking (fall). (There's even a Fall Foliage Hotline to point you to the most spectacular views and scenic driving routes.) Single-family homes range from $175,000 to $300,000, with lakeside and mountainside properties available... READ MORE...





Pocono Real Estate Office

Toll Free 800-444-3721

P.O. Box 231
Route 940
Lake Harmony, PA 18624
License # RB-044920-C
(570)443-9555
Fax: (570) 443-9544
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