Charles Hibble's Blog

Weichert Realtors Hibble&Associates has been named the only company in the area to watch for 2009 by www.rismedia.com

Best time to buy is now. Rates are low and homes are cheap.  Buy now before rates go back up.

Scranton Pa is one of the area's best area's to invest. We have a new medical college being built, our area is stable and Scranton was ranked one of the 10 fastest growing real estate markets in Money Magazine.

Scranton PA area:
The Washington, D.C.-based National Low Income Housing Coalition and the Center for Economic and Policy Research looked at the cost of housing and the likelihood homebuyers would build equity in the nation’s 100 largest metro areas. The study found that someone who recently purchased a home in the local metro area could build about $40,000 in equity by 2012, a stark contrast to the dire assessments nationally.
see full story here http://www.scrantontimes.com/articles/2008/12/11/news/sc_times_trib.20081211.a.pg1.tt11housing_s1.2153274_top4.txt


Scranton PA http://www.scrantonpa.gov

Scranton PA Real Estate http://www.hibbelrealty.com

Currently as of October 31, 2008 our market currently has 14.17 months of Inventory with 3,812 Active Listings. It is a buyers Market and this will not last to much longer looking at the future. With interest rates at an all time low and home sellers willing to negotiate this is the BEST time to buy. We have local banks wanting to lend money to qualified buyers and first time home buyers with as little as 3% down. Real Estate is still the best investment and has out performed any other investment over a 10 year period (oil, gas, stocks) etc. Real Estate appreciation is on the rise, currently 3.6% in the second quarter of 2008. So if you are ready to buy and need help give us a call today.