As I sit here writing this post I'm still having a hard time fathoming the extent of government reach into our everyday lives and livelihood. Noone doubts this virus exists and can be quite
Pocono Mountain Real Estate And The Corona Virus
Dated: April 26 2020
Views: 1872
As I sit here writing this post I'm still having a hard time fathoming the extent of government reach into our everyday lives and livelihood. Noone doubts this virus exists and can be quite dangerous to some people. That having been said, I find a bit insulting that an elected official deems it ok to throw a blanket stay at home order over the state and then he decides who and what is essential and who and what are not. Call me Old Fashioned but I'll always believe a home is an essential part of living. That is my short take and opinion on what is happening here in the state of PA. Nonetheless here we are and what an eye opening narrative we are all living through these days.
As for the real estate market here in the Pocono Mountains, we are at a stand still so to speak. Hands are tied quite a bit in the arena of selling homes at the moment. But out of this complex situation has come imagination and creativity from my fellow real estate professionals and their buyer clients. How many of you would have ever even considered making an offer on a house based solely on pictures, data, maps etc...BUT no physical walk through of the home? People with clear objectives and focus simply will not be deterred in obtaining their goals. How are these real estate professionals and their buyer clients using their imagination and creativity to gain an edge on the competition? Well leading up to the virus outbreak our market here was clearly headed the direction of a sellers market with multiple offer situations beginning to become common place again, rise in prices, lack of inventory...in fact the only perc in favor of the buyers was the fact that interest rates were still very low.
Now during the virus shut down in the state of PA we had found ourselves telling interested buyers almost daily that we cannot physically show any homes at this time as per the governor's order. After weeks of doing this we began suggesting to interested buyers that making offers based on pics, location, data, maps etc... can be done all the while protecting them with some creative addendums essentially securing the property NOW and putting them in the drivers seat while avoiding the potential of the multiple offer situations after the stay at home order is lifted and people are back in the market. By reaching an agreement with a seller during the shut down, any other interested buyers would then be on the outside looking in. It's almost like putting a buyer in a right of first refusal position. Although this approach may seem abnormal, I believe we are entering an era of unprecedented change in the real estate business.
In closing I want to assure anyone interested in properties that they see online during this shutdown that our Rock Star Team of Real Estate Professionals at Pocono Mountain Lakes Realty are all well versed in getting transactions like these structured properly for you. Please feel free to find your next home at:
We offer the inventory available from 4 separate MLS', Pocono Mountain, Pike / Wayne ( Wallenpaupack and North), Luzerne County (Western Poconos) and Greater Scranton ( Elk Mountain and Endless Mountain Region).
Pocono Mountain Lakes Realty would like to extend our BEST WISHES to Everyone during this time and a HUGE AND HUMBLE THANK YOU to our Front Line Heroes!
Rick Cordisco
Broker / Owner Pocono Mountain Lakes Realty with 3 Offices Conveniently Located From the Foothills of the Poconos to the Northern Tier of the Poconos. Blakeslee Office - Jack Frost / Big Boulder Re....
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Luzerne County Association of REALTORS® (LZCAOR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Pocono Mountain Lakes Realty / Endless Mountain Living may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2020 All rights reserved.
Last Updated: October 29, 2020 1:21 AM UTC
Pike Wayne MLS® (PWMLS). All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Pocono Mountain Lakes Realty / Endless Mountain Living may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2020 All rights reserved.
Last Updated: October 29, 2020 1:21 AM UTC
The information being provided by Greater Scranton Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Greater Scranton Board of Realtors. Pocono Mountain Lakes Realty / Endless Mountain Living is not a Multiple Listing Service
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained
