Lakeville
Real Estate
Pocono housing prices continue to soar in 2023, despite interest rate hikes
The housing market in the Poconos is still experiencing rising prices in 2023 despite rising interest rates. Amid tight inventory, new home construction numbers are declining. "Home prices are still at historic levels although we are seeing signs of stabilization with the average YTD sales price through October being up less than 5% over the same period last year. Occasionally homes that are priced well in desirable locations will still see multiple offers, just not as many and not nearly as often. High mortgage rates are keeping people in their homes longer, contributing to the lack of inventory. Both of those pressures on the market are keeping buyers on the sidelines leading to decreased numbers of pending and closed sales," said Tiffanie Bailey-Romey, president of the Pocono Mountains Association of Realtors (PMAR).
Lackawanna County Land Bank transfers 300th property
SCRANTON, Pa. — Two properties along Wayne Avenue in Scranton are no longer vacant. The Lackawanna County Land Bank acquires vacant, abandoned, or tax-delinquent properties and works to transfer them to new owners. And that's what happened here. Land bank officials say it's another milestone for reducing blight in...
Hawley: Developer proposes 46 apartments, shorter height on second try
The developers of Hawley's latest apartment building project are trying again with a scaled-down version, after the borough Zoning Hearing Board rejected a variance application last spring to exceed the allowable height limit. The two apartment buildings are still planned to be located at the end of Barker Street in...
Building, bringing new additions to Scranton
SCRANTON, LACKAWANNA COUNTY WBRE/WYOU) — One local developer is continuing to bring new life to Lackawanna County. Jbas Realty is recharging the Electric City with an ongoing project. Progress is pushing forward on Linden Street in downtown Scranton. Work has been happening for the past six months on a building on the 500 block near […]
Lake Region EMS land bought as 'good investment' for Hawley man
Two adjoining parcels where Lake Region EMS based an ambulance service for the greater Hawley area for the last three years have been purchased by Michael Kuzmiak Jr. of Hawley. In an interview, the new owner stated he bought the property at 15 Old Gravity Road as an investment and was not sure at this point what he would do with it. Kuzmiak said he does not plan to resell it. ...
Palmyra Twp.: Buyer interested in Lake Region EMS land, half-finished garage
There is an interested buyer for the Lake Region EMS land and half-completed ambulance garage on Gravity Road just beyond Hawley Borough limits, Palmyra Township (Wayne) solicitor Jeffrey Treat reported, after having spoken with attorney John Martin, who he said apparently represents the sale of the ambulance company property. Treat stated he did...
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