The decision to buy a house is a major one and there are a lot of things to think about when selecting where to live and what kind of property to buy. There are obvious things like personal style preferences, number of bedrooms and bathrooms, etc, but anyone who has been in the real estate market lately knows that it's much more complicated than that. Especially for people considering a move to a new area. Here I will outline some of the things that may help you decide if the purchase of a vacation home here or a full-blown relocation is right for you. And if you find that a conversation via phone or email would help get some of your concerns answered, feel free to contact me anytime.
Why come to the Poconos to buy real estate?
This is a key question in my interviews with potential buyer clients when I meet with them to evaluate their needs. Creating the real estate consumer's perfect-home profile is an important step to get us focused on the right properties, as this question really helps hone in on priorities. Answers obviously vary but there are a few answers that come up all the time, and they just might help you make the decision to dive in to the Pocono real estate market:
Location, location, location
Whether they are looking for a primary home to live in full time, a weekend getaway place, or a potential retirement home, people are drawn to the Poconos' location because of its ideal proximity to New York City and Philadelphia, being less than two hours to either city. Those who work in or around either of these places find that commuting from here to their job in their own car or via the commuter bus is very manageable. I find that business owners, entrepreneurs, and self-employed people who need access to the major metropolitan areas only a couple of times a week, especially, appreciate our location and access to major routes such as I80, the Northeast Extension of the Turnpike, and I78 via Route 33.
Living in an apartment in a city has its benefits: close proximity to public transportation, walkability to stores and other conveniences, the energy, the nightlife...lots of pluses! Sometimes people get to a point, though, where they want to spread out. "Space" is one of the most often mentioned priorities of potential homebuyers as they describe what they need in their new home, whether it's living space inside, or space between houses outside. Privacy and space to spread out are very available here in the Poconos. Property sizes here are very attractive to purchasers used to postage stamp sized, or smaller, yards. A quarter, half, or one acre property is normal here. As for inside space, I can't tell you how many times I've showed homes here and buyers look at a closet and say,"that would be called a bedroom in the city!"
Price, value, and affordability
Prices may have come down all over, but the fact remains that a real estate purchase in some areas, such as Upstate New York, is still out of reach for some home buyers. Even if the prices are within reach, many buyers have trouble justifying spending more money somewhere else when we have such values available here. And as prices begin to increase in other areas, we remain affordable. Granted property taxes are not as affordable as they used to be, but our prices reflect that and a bit of savvy shopping with the right professional help can go a long way in finding a good value.
What are YOUR priorities?
Each real estate purchaser has his or her own priorities when it comes to selecting where to buy. The considerations listed above are usually the ones that push buyers to investigate the real estate market in the Poconos, but there are many other considerations in narrowing things down to a specific area, neighborhood, or school district, and in eventually selecting THE house. Your financial situation, the type of mortgage you qualify for, the size of your household and your lifestyle, and myriad other things will determine where you look and what kinds of homes you look at. When the time comes to select a real estate agent to help you, make sure they understand what is important to you and how to guide you toward your perfect house. A keen understanding your needs along with industry and market expertise and local knowledge are invaluable traits of the professional you'll select to help you.
...and then call me! :)