Economists Project Active Housing Market for Poconos

Economists predict an active housing market for 2025, which may lead to increased migration to areas like the Poconos. The 2024 market initially saw rising inventory but slowed due to higher interest rates. However, summer inventory reached its highest level since 2020. In the Poconos, growth is sustained by new home construction and a strong demand for housing, with trends indicating a seller's market and increased popularity of short-term rentals.

If you plan to buy or sell a home this year, the National Association of Realtors advises conducting thorough research and working with experienced real estate professionals to ensure a successful transaction.

Source: PA Homepage