Well, gambling is on its way to the Poconos. We all have heard the expression "with good comes the bad". So I have to wonder, and possibly those of you who live in an area where gambling has arrived can tell me, what affect will gambling have on the real estate market? We have heard all kinds of surmising - oh, its going to be great - it will be the downfall of the Poconos - etc. etc., but what will really happen. Many of my sellers insist that their property values are going to go up while others want to sell before it gets here.
We are in an area where there has been a great influx of "commuting buyers" since 911 and our traffic patterns were not built with this influx in the plan. Weekends are a special nightmare in many areas. The bottlenecks and the waits to get places get worse and worse. So how will our already "bottlenecked" roads handle the new influx of people coming to the Casino? Will we really see any tax relief once the casino is up and running? Many of our areas rely on the State Police for protection and the handling of issues. Once the casino is here, how will they possibly keep up? It is almost impossible for them to keep up now, they are so understaffed already.
Remember the Poconos emcompasses a tricounty area and this is one Casino eventually holding 5000 machines.
Would love to hear your experiences on this one. Thanks!
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)
Email me now: email@example.com
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