Tag Archive for: NEPA Real Estate

Buying vs Leasing Office Space: How to Buy a Commercial Property

Buying or leasing office space comes down to one thing: what makes the most sense for your business right now, and where you’re headed next.

For some, buying is a long-term investment. For others, leasing offers the flexibility they need to grow. In NEPA’s evolving market, knowing how to buy a commercial property is the first step toward making the right choice for your business.

Buying vs. Leasing Office Space: What’s the Difference?

The decision comes down to ownership vs. flexibility. 

Buying office space means you own the asset, build equity over time, and have full control over the property.

Leasing gives you access to a space without the long-term commitment or upfront investment. 

One is a long-term investment strategy, the other is a short-term operational decision. 

Pros and Cons of Buying vs. Leasing

Buying Office Space

Thinking long-term? Buying commercial property might be a powerful move, especially if you’re learning how to buy a commercial property with investment in mind.

Pro: Equity + long-term investment
Instead of paying rent, you’re building ownership in an asset that may appreciate over time. Appreciation = higher property value. Now that’s something you’ll appreciate.

Pro: Control over your space
You can customize, renovate, and use the property exactly how your business needs it. Paint the walls or knock them down—it’s your choice.

Pro: Local market opportunities
In many parts of Northeastern PA, buyers can still find value in commercial properties compared to larger metro areas, making ownership more attainable for growing businesses.

Browse our available commercial listings to get a clearer picture of what’s currently on the market.

Con: Higher upfront cost + responsibility
Here’s where the magic wears off. Down payments, maintenance, repairs, and property management all fall on you.

Con: Less flexibility
Owning a property can make it harder to pivot if your business needs change. Selling or relocating takes time and planning, which can limit your ability to move quickly.

Leasing Office Space

Leasing keeps things lighter and more flexible, especially in earlier stages of growth.

Pro: Lower upfront cost
It typically requires less capital to get started than purchasing, so you can get into your commercial space faster.

Pro: Flexibility
Easier to relocate, expand, or downsize as your business changes. Since businesses go through a lot of changes, especially in the early stages, that flexibility can be a huge help.

Pro: Access to established business areas
Leasing can make it easier to secure space in high-traffic or established commercial areas where buying may be more competitive, especially in NEPA’s more established business districts like Downtown Scranton and Wilkes-Barre.

Con: No ownership or long-term return
Less stability. Monthly payments don’t build equity, and rent can increase over time, leading to higher overhead costs.

Con: Limited control over the space
Lease agreements may restrict how much you can modify or customize the property, which can impact how the space reflects your brand.

Step-by-Step Guide: How to Buy a Commercial Property 

Leaning towards buying? Here’s a quick guide on how to buy a commercial property, without overcomplicating the process:

  1. Define your needs and budget
    Identify how much space you need, where you want to be located, and what you can realistically afford.
  2. Secure financing
    Explore commercial loans, SBA options, or other funding sources to understand your purchasing power.
  3. Work with a commercial real estate professional
    An experienced agent will help you navigate the market and negotiate effectively.
  4. Evaluate properties
    Look beyond shiny appearances. Consider factors like zoning, accessibility, future growth potential, and total cost.
    Tip: NEPA zoning regulations and municipal requirements can vary significantly, so having someone familiar with the area will help you avoid costly surprises.
  5. Perform due diligence
    Ensure there are no surprises after closing with inspections, financial reviews, and legal checks.
  6. Close the deal
    Finalize terms, secure your approval, and complete the purchase with confidence.

Should You Buy or Lease Office Space?

There’s no universal answer, but there is a right answer for your situation.

Buy if your business is stable, growing, and planning to stay in one location for the long-term. Buying allows you to build equity and create a permanent foundation.

Lease if you need flexibility, are still scaling, or want to preserve capital for other investments. Leasing gives you the versatility to keep up as your business evolves.

 

Ready to Explore Your Options?

Whether you’re early in the process or actively researching how to buy a commercial property, having a clear strategy makes all the difference. 

At Realty Network Group, we’ll help you talk through your situation with a local commercial real estate professional, who will listen to your most pressing needs and understands the Northeastern Pennsylvania market. Reach out to our team and evaluate what makes the most sense for your business.

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Why Buying A Home Is A Good Investment

Tired of renting? We know that feeling: When you realize you’re paying every month for a place you’re not allowed to paint. Or when you get your latest lease renewal and you’re shocked at the price jump. You find yourself scrolling through listings late at night and asking: Is it the right time to buy a house?

It’s easy to get caught up in interest rates, inventory, and predictions. But buying a home isn’t just a market decision, it’s a life decision. When you’re thinking about putting down roots, timing becomes less about chasing that non-existent perfect moment and more about recognizing when you’re ready for what’s next.

When to Buy a House Depends on Personal Readiness

For most first-timers wondering when to buy a house, the answer comes down to stability. Are you planning to stay in Northeastern PA for several years? Do you have a steady income? Manageable debt? Enough savings for upfront costs like the down payment, earnest money and home inspection (to mention a few)? If you’re unsure what upfront costs to expect, resources like HUD’s homebuyer guide help break down what first-time homebuyers should plan for.

Interest rates keep rising and falling, and inventory shrinks and grows. But if you’re planning to own your home for more than a few years, those short-term movements don’t matter as much as your long-term plan. Readiness comes from financial and personal preparation, not a crystal ball.

Building Equity Creates Long-Term Wealth

One of the biggest financial advantages of homeownership is the ability to build equity — the difference between what your home is worth and what you owe on your mortgage. With each mortgage payment, you gain equity in an asset that can grow in value instead of paying rent and starting from scratch every year.

Over time, that equity can become a valuable financial tool. It can help pay for your next home or those big renovations you dreamed about when you first moved in. For many homeowners, their property becomes one of their most significant assets.

Appreciation Adds Value Over Time

In markets like NEPA, real estate has historically appreciated over the long term. That growth, combined with paying down your mortgage balance, can strengthen your overall financial position.

For first-time buyers, entering the market means starting that clock. The earlier you begin building equity and benefiting from appreciation, the more opportunity there is for long-term gain. Real estate rewards patience and consistency.

Stability Brings Peace of Mind

Homeownership also provides stability that many renters are looking for. A fixed-rate mortgage offers predictable monthly payments, which can make overall budgeting easier year after year. You’re not left worrying how much your housing costs might increase at the next lease renewal.

There’s also something deeply satisfying about owning your space. You can paint the walls, get a pet (or three) and make updates that reflect your unique style. More than a financial investment, your house becomes home sweet home.

Making a Confident Decision

If you’re asking when to buy a house, take a moment to look at your bigger picture. Are you financially prepared? Do you see yourself staying put for several years? Are you ready for the responsibilities that come with ownership? Those answers will provide more clarity than any market forecast.

Buying a home is a significant milestone. It can feel intimidating at first, especially if you’re navigating the process for the first time. With experienced local guidance and a clear understanding of your goals, the path forward becomes much more manageable.

Final Thoughts

At Realty Network Group, we believe purchasing a home should reflect what’s truly best for you. Our team combines deep local knowledge of Northeastern Pennsylvania with a client-first approach, so you’re never left guessing about your next step. If you’re thinking about when to buy a house, reach out to us today and we’ll help you evaluate your options with a plan that fits your goals.

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Why Homes Sit on the Market: 5 Fixable Reasons

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 Don’t let your home sit—let it stand above the rest of the competition and be noticed. If there’s one thing we counsel our clientele on today, it’s making a distinction between their home and others “on the market, not selling.” What are the unique selling points of their home? What is the state of the market, even as granular as their neighborhood? Are there comparable properties selling right now? Putting together a vivid picture of the subject property and how to elevate it above other similar homes could mean the difference between fewer days on market and maybe even a multiple offer situation. Understanding why homes sit on the market can help sellers create an effective strategy.

1. Pricing

This is the obvious. The elephant in the room. We’d be deceiving ourselves if we didn’t mention this one first, because it’s the most important and for good reason. Remember, the whole process for a buyer begins (or should begin) with an honest assessment of what they can afford and tailoring their search around that benchmark. The buyer consults a mortgage lender, discovers how much they’re pre-approved for, compares that to their financial situation, determines their must-haves when previewing homes, and investigates the market. Homebuyers, especially if they’ve been searching for some time, have an eye for present circumstances and how compatible properties have fared.

Sellers who better understand what buyers are witnessing in terms of pricing can better estimate and position their property for its initial release. That’s why having a REALTOR® generate a competitive market analysis (CMA) tailored to the seller’s home is ideal for understanding how to price it correctly. Although we might be in a period of correction, the market still favors sellers. Because of this, real estate professionals may advise homeowners to set their list price toward the higher end of its value range.

2. Repairs

When owners anticipate selling, they should review all aspects of their property to determine what needs repair and what could benefit from an upgrade. Ideally, this should be done months ahead of time. Consulting a REALTOR® can help owners judge which repairs or updates would help sell the home and which ones to avoid. Sellers want to skip changes that buyers won’t care about or that might negatively affect value.

Some homeowners pursue a “pre-listing” inspection, where a professional evaluates the home and pinpoints potential issues to address before listing. Though less common, this step can be extremely beneficial in certain cases and prevent scenarios where homes sit on the market due to condition concerns.

3. Curb Appeal

We emphasize this often—because it matters. Do you want increased engagement and more prospective buyers to see your home? One of the quickest ways to attract attention, both online and for in-person showings, is to create an inviting atmosphere. The exterior facade will either captivate or deter onlookers. It’s that simple. A fresh coat of paint on the front door, fresh landscaping, trimmed shrubbery, and a new garage door can all enhance appeal.

However, homeowners shouldn’t go overboard. Changes that don’t appeal to most buyers or that seem too high maintenance could turn people off. Sellers should avoid spending on upgrades that won’t deliver a return on investment. Enhancing curb appeal the right way can make a difference in why homes sit on the market or sell quickly.

4. Buyer Incentives

Offering buyers and their agents meaningful perks can help your home stand out. One popular incentive is a home warranty, which covers the home while it’s listed and provides coverage for the buyer after closing. This protects both parties and adds peace of mind.

Other incentives include seller concessions or closing credits. These financial boosts help buyers cover costs and may tip the scales in your favor. Some sellers offer a buyer’s agent bonus, which encourages agents to prioritize showing your home. These strategies can help minimize why homes sit on the market for extended periods.

5. Marketing

Investing in a knowledgeable real estate professional who understands current market conditions can reduce time on the market. Experienced agents know how to position a property for maximum exposure and understand what’s selling—and why.

Sellers should choose a REALTOR® and brand with a track record of attracting a large pool of buyers. Aggressive, strategic marketing and a willingness to go the extra mile are must-haves. Agents should have a clear plan for how to get your home noticed and shown. Without strong marketing, it’s easy to see why homes sit on the market unnecessarily.

Take Action Now

As a homeowner, some factors—like location or costly upgrades—may be out of your control. But the five listed above are well within reach. Sitting down with your agent to create a strategy based on these tips can ultimately reduce the number of days your home stays listed. Understanding why homes sit on the market helps sellers prepare and adjust before listing.

If you’re considering selling, even if it’s months away, it’s never too early to plan. Contact one of our professionals today to get started!

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Post Pandemic: What Does Real Estate Look Like?

There’s more uncertainty in the national real estate market than we’ve seen in some time. We’re two years beyond the onset of COVID and while we’re past many of the main health concerns of the virus, obstacles still remain. Remote work is likely here to stay, thus there are adjustments to housing post pandemic, which continue to unfold and impact the market. Is time running out for sellers to take advantage? Will buyers have a better chance of acquiring real estate being that their purchasing power has somewhat diminished? What’s in store for our market in the Greater Scranton area?

The future of real estate isn’t as dark as some would have you believe. The chance of a housing crash, the likes of 2007-2010, lacks much supporting evidence. In fact, the exact opposite might be true. Many experts are calling for a busy spring market this year and even Zillow projects home appreciation to hover around 9% for 2022. Many of the conditions, which existed prior to the housing bubble, simply aren’t present. When the market began to tank fifteen years ago, there was a surplus in housing inventory, mortgage lending resembled the Wild West and foreclosures occupied their fair share of the market.

Today, the narrative is quite different. There are shortages in markets throughout the country. Here in Northeastern Pennsylvania, our month’s supply of homes continues to unimpress buyers: year-to-date we sit at 1.29.* A magnifying glass would be required if the inventory got any smaller. In the four years, which consisted of the housing bubble, the market was heavily in favor of buyers and saw surpluses of housing between 7.3 and 9.6 month’s supply, according to the National Association of REALTORS®. Furthermore, lending restrictions are much tighter than those that existed fifteen years ago. In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act became law with its eye toward consumer protection and a reform of the lending industry, especially riddance of predatory lenders. In general, those who are approved for a mortgage in 2022 are much more qualified than those approved even a dozen years ago. Finally, negative equity in the national housing industry has reached its lowest level over this same period of time. Much fewer homeowners are underwater than were during the housing bubble.

The future of housing post pandemic is not scary. Actually, 2023 will probably resemble 2019 more than it will last year. Inventory will bounce back, but that might take a year or two. The immediate future for sellers does pose a threat to them receiving top dollar for their investment. “There’s a little insanity in our market right now,” maintains Amy L. Kiesinger Bohenek, an Associate Broker with Realty Network Group. “Listing agents are faced with multiple showings and offers, sometimes over asking price. The appraisal process can be cause for a headache from time-to-time too. When a home doesn’t appraise, where does that leave both parties, especially the seller?” Despite this, the window for bidding wars and high price appreciation is closing. Despite climbing mortgage rates, demand for housing remains strong. Price appreciation will continue to trend up, albeit home prices shouldn’t be in the neighborhood of 18%, like much of last year. Sellers in our region should act sooner than later if they want to take advantage of this market they find themselves firmly entrenched.

Buyers must hang in there if they have a desire to pursue real estate anytime soon. The question remains, how can you sit tight when your purchasing power appears to be vanishing? Homebuyers have seen the average thirty-year fixed mortgage rate increase to roughly 5.3%, which is about 2% higher than it was at the beginning of the year. Many first-time buyers are already struggling to get their foot in the door and compete with others, including investors. Higher rates, for those who require a mortgage, generally mean they’ll have less to contribute toward a monthly payment. That’s why it’s important for buyers to have a plan, stick to a budget and know what they can afford.

In addition to the factors listed above, real estate in Northeastern Pennsylvania continues to have affordability as its ally. Year-to-date, the median home sales price is $179,000 (up 7.7% from the previous year).* New listings are down slightly, but inventory is expected to pick up. The groundwork for homes to appreciate at a slightly slower pace with small improvements in inventory is being laid. With an increase in buyer and seller competition that’s sure to come this spring and summer, being too conservative, will surely impact homeowners thinking about selling.

 

* Greater Scranton Board of REALTORS®

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Forward-Thinking: The Key To Real Estate

Realty Network Group’s newest REALTOR®, Lisa Armetta, looks forward to the demands of today’s real estate market. Lisa has lived in Northeastern Pennsylvania her whole life. She understands the region, the culture, but most especially its inhabitants. “Our community is loaded with hidden treasures, including its people,” attests Lisa. “Locals need an advocate who will act (when need be) and guide them through the real estate search, transaction and beyond.”

With over thirty years experience in all facets of the restaurant and bar industry, Lisa understands firsthand how to treat clients well. Repeat business has always been extremely important to her! When customers come back, time and time again, it says something about your business: your product and your personal brand. Leaning upon her achievements in managing thriving area businesses, her focus now has shifted. Running a successful real estate business is her goal.

It’s important to work with professionals who understand how daunting the purchase of a home or business can be — it’s a large investment, to say the least. Lisa recognizes how vital it is for those involved to be comfortable with their purchase. Her wish is for her clients to not only see the property for what it is, but also be able to experience it for what it could be, its potential, a reflection of them.

“I chose Realty Network Group because it’s a small business, who’s very involved in our community,” asserts Lisa. “They have a wonderful reputation for supporting their agents and their clients. I’ve spent most of my career building small businesses, where people are family. I desired a company who was inline with that philosophy. My hope is to help prospective buyers find the right property to build their ‘family,’ even if it’s a business one, and help sellers find the right buyer.”

Being involved in real estate over the years, Lisa has a good understanding of potential setbacks for buyers and sellers. Forward-thinking is essential in this business. When Lisa sees opportunity for her and her clients, she acts. She’s an achiever, who will work tirelessly for her clients’ needs. She’s ready for the challenges that lie ahead in this market as well as the next one.

Seeking the services of a professional, but you’re hesitant because of a prior bad experience? If you’re thinking about making a move in 2021, call Lisa Armetta today at 570-840-1793 or via email at [email protected].

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The Same Principles Apply

Realty Network Group’s newest REALTOR® is a native of the Scranton area and currently resides in Eynon. “I understand that where you live and who you represent are most important,” describes Michael Turlip. “These values have been instrumental in my life and continue to guide my endeavors.” Mike Turlip graduated from the University of Scranton in 2000 with a bachelor’s degree in Criminal Justice. From there he served in the U.S. Army for four years as a Military Policeman. In January of 2002, he was deployed to Afghanistan following the events that occurred on September 11, 2001. Upon returning, he completed an overseas tour in Europe, serving as a member of NATO at the Supreme Allied Headquarters in Belgium. His experience in the military has instilled in him what it means to sacrifice and serve others. In 2005, he was accepted to the Pennsylvania State Police Academy in Hershey, Pennsylvania. For the past sixteen years, Mike has continued to serve the public as a Pennsylvania State Trooper.

“My experience in public service has embodied the principles that we as Americans should strive for every opportunity we can,” emphasizes Mike. “I’m thankful for my experience and wish to utilize this drive, which has developed from my military background, in order to be successful. My success will translate to success for my clients and that’s my priority.” Mike understands how central buyers and sellers are to real estate in 2021. He grasps the connection between homeowners, investors and tenants far greater than most real estate professionals who are beginning to grow their business.

Mike has always had an affinity for real estate. Eight years ago, he purchased his first investment property. “I think real estate has always offered me a challenge that intrigues me,” asserts Mike. Whether it’s buying a fixer-upper and transforming it back to a neighborhood treasure or investing in rental properties that provide affordable, well-maintained housing to those in the community, the growth of his portfolio has meant more to him than sheer assets. Investing in our community is foremost, and coupled with his passion to serve others. As a real estate professional, Mike fully intends to provide his clients with knowledgeable service, based on his experience, while taking into consideration their real estate goals.

For the past two decades, Mike has served in some of the most prestigious organizations in the country. The principles conveyed through them, led him to Realty Network Group. This company takes pride in serving its clients well and adheres to the highest standards in the real estate community. Loyalty and service to those we represent coincide with his values as a veteran and a State Trooper. He looks forward to applying these same principles to assist and meet all of his clients’ real estate needs.

If you’re seeking the services of a real estate professional who is dedicated to finding your forever home or selling your current one, contact Michael Turlip today directly at 570-290-4421 or via email at [email protected].

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Selling Beyond Home

Alice Manley is the newest agent to join forces with Realty Network Group. She infuses thirty years of sales expertise with an interest and passion for matching up buyers and sellers. Connecting both parties in a real estate transaction is more than a science. There’s an art to marketing homes or leading buyers in pursuit of theirs. Alice’s vast experience in media and hospitality are added advantages for her and her clients.

Alice will be a valuable asset to the firm as she brings a strong work ethic and a motivation to succeed into the field. She has a desire to work hard for her clients understanding that sometimes you don’t get a second chance to sell for the best price, terms and conditions as trends change. She’s also committed to homebuyers as they begin what will be a remarkable journey toward homeownership! She’s driven to succeed, realizing her successes will be victories for her clients too. Another strength for Alice is her problem-solving abilities. She has an uncanny sense for stopping issues in their tracks and moving toward a resolution that’s acceptable to everyone involved, especially her buyers/sellers.

“If it doesn’t feel right, we’ll search until it does,” expresses Alice. Her words to buyers never ring truer than they do now in a seller’s market. “Your ‘forever home’ wraps you in comfort like an old blanket, gives you refuge during difficult days and is always waiting for you after a long journey. Everyone deserves this and I look forward to bringing this experience to others.”

Alice has lived her entire life in Northeastern Pennsylvania. She loves all the area has to offer, including its seasons, natural landscapes and close-knit communities. She hopes those moving into the region or growing into it can have these experiences as well. “It’s an exciting time in real estate in NEPA,” underscores Alice. “I chose Realty Network Group because of a working relationship I had with one of its owners. It was knowing this person that attracted me to the company. I was certain of the value, integrity and respect I would find there. Furthermore, they train each new REALTOR®, like myself, which was incredibly important to me.”

Are you seeking the services of a real estate professional who’s extremely motivated and will work hard for your interests? Contact Alice Manley now at 570-954-3701 or via email at [email protected].

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Every Step Of The Way

Realty Network Group welcomes a new addition to its network of real estate professionals. Her name is Sarah Farrell and her unique skill set offers promise to future clients of the firm. As a native of Northeastern Pennsylvania and a current resident of the Abingtons, Sarah is very familiar with the areas in and around Lackawanna and Luzerne counties. She looks forward to connecting buyers and sellers in a variety of ways as she begins her real estate career.

Her skill set includes, but is not limited to, over twelve years experience in marketing, sales and management for industries pertaining to resorts and travel. She has a background in creative design, which will inevitably enhance her sellers’ ability to showcase their homes, especially when staging. Furthermore, she has a natural ability to connect with consumers while keeping the lines of communications open – a vital part of real estate – ask any successful, veteran REALTOR®.

“I love many aspects of real estate,” emphasizes Sarah. “I’ve always been intrigued by the market, looking at the trends in addition to discovering a home’s special character. That is, how it’s differentiated from the rest. And while HGTV is always ‘background music’ in my home, finding out what makes specific neighborhoods in our region tick is an essential trademark to suitably marketing properties.” Sarah has her sights set on a long and prosperous career in this industry. She’s passionate about getting her feet wet, helping her clients find their forever home or getting top dollar for her sellers.

“I look forward to expanding Realty Network Group’s footprint in NEPA,” underscores Sarah. “They’re an established, up-and-coming company, who offers a wealth of knowledge and professionalism to agents in the field. It felt like an instant fit for me. I love the camaraderie, which exists there. From what I’ve witnessed and heard, there’s a culture of support and encouragement within the company. I’m very happy to be part of this organization.”

The company will continue to grow with agents like Sarah, professionals who understand how cumbersome the real estate process can be at times. Going through this process herself, she knows how imperative being there for her clients is – being present every step of the way. She has a great work ethic and believes integrity and honesty are two of the most important traits a REALTOR® should possess. She also currently serves on a variety of boards in our community including Meeting Planners International, Middle PA Chapter (Vice-President of Education), Northeast Chapter of the Pennsylvania Restaurant and Lodging Association and American Cancer Society, Northeast Chapter (advisory committee).

If you’re seeking the services of a real estate professional who will work hard for you and your goals, contact Sarah Farrell today directly at 570-417-6932 or via email at [email protected].

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Our Award-Winning Website Strikes Again

It’s hard to imagine the real estate terrain we find ourselves in these days, but yet here we are. Many parts of the Northeast, who prior to the pandemic were struggling, are now reporting record signs of growth – the largest increase in home sales since the end of 2006. Unlike much of the Northeast portion of our country prior to COVID-19, Northeastern Pennsylvania’s market was thriving. When the economy became derailed in March, real estate entered stealth-mode for over two months. Since then the terrain has been very smooth, churning at a fast pace. Home sales and home prices have been on the rise. Though homes are selling for 11.6% more this August versus one year ago, home prices year-to-date are enjoying a more comfortable 2.2% increase (year-over-year).*

Sure, the challenges are present for our market: our inventory is very low, more homes are going under contract than are being listed and commercial space is beginning to saturate our market; but the Greater Scranton area appears to be insulated from the other surrounding regions. Lower-priced homes have been in short supply this year, especially in recent months. Hopefully new construction kicks it into gear, but the higher costs of lumber since mid-April hasn’t helped the situation. Some homeowners have decided to stay put, which hasn’t boosted the housing inventory either. Nevertheless, our area remains very affordable and for many first-time buyers, they eventually find what they’re looking for.

Demand remains strong and thus it can be frustrating for some homebuyers, especially in our current seller’s market. It’s particularly stressful if you’re searching in print these days! Some of the properties we market in print are no longer active when they appear in black-and-white in the publication. Honestly, properties are moving fast these days. May we make a suggestion? If you’re actively searching for a home in today’s market, look online without hesitation. We would also strongly suggest having your agent keep you up to speed with the latest listings that fit your criteria and the trends affecting the neighborhood(s) where you’re searching.

Where you search online can make a difference too. Recently, we were awarded Best Real Estate Website in Northeastern Pennsylvania for the third year in a row by local newspaper readership. Our award-winning website, realtynetwork.net, features the entire inventory of homes on the market through our comprehensive database. Our site has a simple interface with straightforward navigation and high mobile-performance, so you can easily connect with us from wherever you are. There are many tools available for visitors to explore as well. Venture to our award-winning website today and let us know what you think.

 

* Greater Scranton Board of REALTORS® stats

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Readers’ Choice Awards

Over the years, we’ve been thankful for support from our clients as well as our professionals, who’ve been instrumental and vital to our success. They certainly are motivation through the obstacles brought on from this pandemic. As we can attest, connecting buyers and sellers requires new approaches in order to be successful during this surreal year. So far in 2020, the Greater Scranton market has shifted from being balanced to one now highly in the seller’s favor. The absorption rate (the rate at which homes are selling over a specific period of time) has dropped from 6.44 (last July) to 4.02 (this July), while inventory continues trending downward.* Though housing in Northeastern Pennsylvania is among some of the most affordable in our nation, affordability is dropping in many markets and difficult challenges for both buyers and sellers lie ahead.

Our network of REALTORS® will help you navigate these obstacles and put you on the path toward homeownership or vice versa, if you need to sell.

Please spread the love and vote our firm, Best Real Estate Agency and Best Real Estate Website in this year’s Readers’ Choice Awards. [<– This has since ended, but you can see past winners here.]

We sincerely appreciate your time and support!

* Greater Scranton Board of REALTORS® stats
Readers’ Choice Awards – Times-Tribune

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