For THE POCONOS 123 the number of homes sold for the week was 15. Out of this 15, 3 were foreclosures.
Take a look at the chart and notice the difference in the average sale and list price of these properties when you compare them with and without foreclosures.
At one point in the appraisal processs the appraisers have to start taking the foreclosures into consideration when doing their appraisals. I cannot recall exactly what that number is however I hope it is higher than what the sold foreclosures have been running these past few months.
Statistics are taken from flexmls and are deemed reliable. These statistics are for Monroe County sold residental homes.
When looking for a Realtor© in the Poconos that will listen, assist and guide you without "pushing" you, contact Bobbie Smith. I would love to help.
Bobbie Smith, CRS
(Certified Residenial Specialist-CRS)
570-242-1891 Cell Best (Call or Text)
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All pictures, text, etc. stated within is the exclusive property of Bobbie Smith and cannot be copied or duplicated without written consent from Bobbie Smith. All statistics and data contained herein are obtained from reliable sources and are deemed reliable however each individual should always do their own research on each topic and derive their own conclusions. Any statements of opinion are just that, the opinions of Bobbie Smith. *Realtor is a registered trademark of NAR*