the general Poconos region, rents are increasing a little
bit each month but, the supply is also increasing. Real estate
investors are buying Poconos rental foreclosures and renovating
them for use as rentals. Those trying to sell, can not so
they are renting them out. Thus, an increase in inventory
to match demand.
we are seeing the demand for rentals increase, the supply is increasing
by just as much - which in turn, allows for only a slight increase
in rent. The nearby NJ rental market is a good indication of what
will happen next for Poconos House rentals. We often look to what
is happening in cities like Hackettstown when talking about what
is going to happen in The Poconos rental market.
and East Stroudsburg have done a lot with the downtown area in the
past eight years. Especially with the addition of many new shops,
restaurants, art galleries and nightclubs. This change makes renting
near the downtown areas much more desirable. There are also more
and upgraded rentals being added in these areas.
Since home prices have settled from their highs, rent prices have
been rising slightly. Rental properties are now back in fashion
are homes for rent on a yearly basis.
If you would like short term rentals visit PoconosRentals.net