Tips for Buying a Home

Sales Data and Home Availability in Saw Creek Estates

 


Within the gates of Saw Creek Estates, there are, as of today, seventy-nine homes for sale through the Pocono Mountains Association of REALTORS Multiple Listing Service, ranging in price from $29,000 - $273,000. That is a wide range of values but not unusual for communities in the Poconos which have a variety of housing options, home sizes, locations, etc.

Saw Creek Estates is made up of single family homes but it should be noted that there are two separate townhome Associations inside of Saw Creek, Mill Pond and The Falls, that share some of the amenities of SCE but have their own rules and fees. There really is something for everyone here in this gated, amenity-rich community in the Eastern Poconos. 

Here is some interesting home sale data for Saw Creek Estates (not including the townhouse areas). See how the average sale price and the number of homes sold has played out since 2006. Prices have definitely taken a hit due to the national housing decline, and foreclosures and short sales continue to put downward pressure on values. However, we have reached a point where some of the buys are just too good to pass up, and many buyers are finally jumping in and buying that dream home or vacation property. 

              Average        # Homes
  Year         Sale $          Sold   

2013        $82,570            32
(Year-to-date)

2012        $79,080            88
2011        $86,120            78
2010        $106,400          75
2009        $128,200          61
2008        $137,800          73
2007        $172,200         108
2006        $169,040         145

 

Please don't hesitate to contact me with questions about any of our beautiful Pocono Communities. ~L

Search for homes
via the 
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All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Pocono Mountains Association of REALTORS and may not be the listings of the site owner 


Looking For A House With A View? Consider Saw Creek Estates.

Saw creek sunsetPhoto Credit: John Beljean, Bushkill, PA


Whether you are looking for wide open vistas or prefer a wooded creekside setting, you may be able to find your perfect home or weekend getaway in Saw Creek. Prices here are pretty reasonable, with properties available in the low $100's and even less. Additionally, Saw Creek's location in Bushkill allows easy access to Bushkill Falls, Shawnee Mountain, the Delaware Water Gap National Recreation Area, and lots of other Pocono attractions. 

Saw Creek Estates boasts amenities that rival any available in the Pocono region, with well-maintained resort-style facilities dispersed throughout the community: several pools, tennis courts, a ski hill, and playgrounds, and more, as well as indoor pools, tennis, raquetball, and weight training facilities. Saw Creek is a fantastic value when you compare association fees and what you get for them. 

Find a home with a view in Saw Creek Estates via the Pocono Mountains Association of REALTORS MLS/IDX here

A little more about Saw Creek from the homeowner association's website

Saw Creek Estates is a private residential subdivision of nearly 3,000 properties, conceived and developed as one of the premier, four-season recreational communities in the Pocono Mountains. Construction of roads, common area facilities and amenities was begun in the mid 1970’s by Lehman-Pike Development Corporation. Sales of year-round and vacation homes continued at a brisk pace throughout the 80’s and 90’s.

Saw Creek Estates Community Association, Inc. was formed for the purpose of managing the rapidly growing community and transitioning full control from the developer to the property owners. All property owners are members of the Association, which is governed by a Board of Directors elected by the membership, and managed by an experienced staff of professionals. The transfer of control was completed in the year 2000 and since that time, the community has continued to grow and flourish.

Today Saw Creek Estates is one of the largest, best managed and most financially sound private communities in the region. 

Sunset at Top of the World RestaurantSunset view from Top of the World Restaurant 

One of the coolest things about Saw Creek is that it has its own restaurant, Top of the World, which allows owners and their guests to enjoy casual dining, fine wines and beverages, and weekend entertainment like live music and karaoke. How convenient is that? 

Enjoy the views in saw creek communityMany homes in Saw Creek have beautiful scenic views

Interested in finding out more about Saw Creek? Contact me! 

Find a home with a view in Saw Creek Estates via the Pocono Mountains Association of REALTORS MLS/IDX here

Scenic views at Saw Creek Estates in BushkillYou can see for miles from some properties!


Why Do Home Buyers Choose The Poconos?

The GapI-80 and the Delaware River from the Appalachian Trail,  Delaware Water Gap


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. 

Breathing room

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. 

 Search for your dream home via the Poconos MLS/IDX here

...and then call me! :)

 

 


Take A Cue From Investors And Vacation Home Buyers

2013 vaca home buyer survey cover

It’s no surprise that the share of homes sold to vacation home buyers and to real estate investors is up. Housing affordability and low interest rates have combined to make investing in real estate a no-brainer for the well-informed purchaser. According to the 2013 Investment and Vacation Home Buyers Survey published this month by the National Association of REALTORS, the share of homes sold in 2012 to investors remained at the second highest level since 2005, and slightly more vacation home buyers made the move to buy a getaway over previous years.

Further, the report found that seventy-eight percent of these buyers agree that now is a good time to purchase real estate and around half of them found the mortgage process to be not difficult or easier than expected.

Granted, these buyers, generally speaking, tend to be financially savvy and have lots of spare cash, but their confidence in real estate as an investment should bolster yours. If you are able to buy, don’t wait. Reports of low housing inventories in some areas, multiple offers, and rising rates mean the the tide is turning.

Here in the Poconos it’s no different. Foreclosures are getting snapped up at a fast pace, with buyers competing for the real ‘steals,’ inventory of the ‘nice stuff’ is low, and rentals are hard to find. It won’t be long before we start to see home prices inch up.

*   *   *   *   *   *   *   *   *   *

Wanna chat about whether the time is right for you to get in the real estate market? Give me a shout!

Just wanna check out houses? Try my Pocono Mountains Association of REALTORS MLS/IDX Search.


The Experts Say: Vacation Home Bargains Are Found In The Poconos!

Kayaking

The Poconos is a Top 5 Summer Home Bargain!

Don't take my word for it, check out the article on AOL Money & Finance and read why they think now is the time to buy your getaway place in the mountains.

A hat tip goes out to Meg Hamberg, a real estate agent in Horsham, PA, for sending me the article. Thanks, Meg!

For more information on buying a 2nd home / vacation home in the Pocono Mountains of Northeastern Pennsylvania, contact me via email [email protected], or call 570.421.8950 ext. 394.