The Poconos have been transformed from a “cheesy honeymoon destination” to a sensible place for New Yorkers to buy a second home, the New York Post reported.
The area is expecially popular with outdoorsy types, the Post said.
At the Northridge development in Tannersville, Pa., a two-bedroom townhome goes for $149,000, and a four-bedroom home for $349,000. In the nearby and slightly more secluded Cobble Creek, properties are available on nearly one acre for $199,000 to $270,000.
And, according to the Post prospective buyers should strike while the iron is hot. “Prices are down 5 percent from last year and 30 percent from 2007 [throughout the Poconos],” said Rick Golden, an agent with USA Realty, who works in the area. [Post]