Back Mountain Office
McDermott & McDermott RE, Inc.
57 N Main St.
Shavertown, PA, 18708
570-696-2468
Pocono Office
McDermott & McDermott RE, Inc.
126 Cinder Ln
Blakeslee, PA, 18610
570-646-5510

Blog Posts

House-Buying Power at Near-Historic Levels

By Tracy McDermott | July 12, 2018

House-Buying Power at Near-Historic Levels | Simplifying The MarketWe keep hearing that home affordability is approaching crisis levels. While this may be true in a few metros across the country, housing affordability is not a challenge in the clear majority of the country. In their most recent Real House Price Index, First American reported that consumer “house-buying power” is at “near-historic levels.” Their […]

Open House Sunday July 22th Time: 2 pm – 4 pm 5139 Dal Dr. Brodheadsville PA

By Tracy McDermott | July 11, 2018

Join us for an Open House this Sunday 2- 4pm Lovely center hall colonial of gracious architectural layout features, gracious sized rooms, Master suite with 2 walk in closets, spa tub w/sep shower in Master bath, 2 story foyer, loft, kitchen w/island, utility room with powder room. Family room with gas fireplace and gorgeous Hardwood…

The Mortgage Process: What You Need To Know [INFOGRAPHIC]

By Tracy McDermott | March 18, 2016

Some Highlights:

  • Many buyers are purchasing a home with a down payment as little as 3%.
  • You may already qualify for a loan, even if you don’t have perfect credit.
  • Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.

Lack of Inventory Challenging Many Housing Markets

By Tracy McDermott | March 17, 2016

Lack of Inventory Challenging Many Housing Markets | Simplifying The MarketGoing into the 2016 spring market, the biggest challenge the real estate industry has is the lack of available housing inventory for sale. Here are a few experts and their thoughts on the subject:

The Main Reason to Use a Real Estate Professional when Selling Your House

By Tracy McDermott | March 16, 2016

The Main Reason to Use a Real Estate Professional when Selling your House | Simplifying The MarketEvery homeowner hopes to accomplish five goals when selling their home:

Gap Between Homeowner’s & Appraiser’s Opinions Widen

By Tracy McDermott | March 15, 2016

Gap Between Homeowner’s & Appraiser’s Opinions Widen | Simplifying The MarketIn today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal.

What If I Wait Until Next Year To Buy A Home?

By Tracy McDermott | March 14, 2016

What If I Wait Until Next Year To Buy A Home? | Simplifying The MarketAs a seller, you will be most concerned about ‘short term price’ – where home values are headed over the next six months. As either a first-time or repeat buyer, you must not be concerned only about price but also about the ‘long term cost’ of the home.

Home Is Where The Heart Is

By Tracy McDermott | March 3, 2016

Home Is Where The Heart Is | Simplifying The MarketYesterday, we discussed the reasons why homeownership makes sense, financially. Today we wanted to touch on the emotional or ‘real’ reasons that many Americans strive to become homeowners. 

One More Time, Real Estate is a Great Investment

By Tracy McDermott | March 2, 2016

One More Time, Real Estate is a Great Investment | Simplifying The MarketIn a recent blog post on Marginal Revolution, economist Alex Tabarrok discussed homeownership as an investment.

14,986 Homes Sold Yesterday… Did Yours?

By Tracy McDermott | March 1, 2016

14,986 Homes Sold Yesterday... Did Yours? | Simplifying The MarketThere are some homeowners that have been waiting for months to get a price they hoped for when they originally listed their house for sale. The only thing they might want to consider is… If it hasn’t sold yet, maybe it’s not priced properly.