EXCEPTIONAL Office: 570.587.9999 ERA One Source REAL ESTATE REALTY Direct: 570.313.9299 george.semian@era.com GEORGE SEMIAN Certified Residential Specialist With temperatures climbing higher and the effects of winter westher melting away across the Northeast, individuals who are interested in the purchase of a home in the region may be in good position to do so. As national interest rate averages remein well below historical norms, and residential sectors up and down the East Coast continue to show signs of strength, those looking to buy could beneft from taking advantage of the cument maket conditions. Eastern markets ripe for buying Wile the frequency with which homes ane being bought and sold on the West Coast has led the region to be considered as a sellers market, according to Zilow, eastem metropolitan areas alow for more negotiation in pricing and are therefore presently considered buyers markets. Within its latest national analysis, the real estate nformation provider announced individuals looking to buy residential properties can enjoy substantial affordability along the East Coast. "Tn the East, housing markets are appreciating a bit more slowly, and homes are staying on the market longer, which helps give buyers the upper hand, said Stan Humphries, chief economist for Zlow As we put the housing recession further in the rear-view mimor, the broad-based dynamics thet applied during those days-whenal markets were reacting similarly to nationwide economic conditions -are fading. Real estate has always been local, and as the spring market gains momentum, this old adage will only become more pronounced. Although home value appreciation slowed considerably nationwide in recent months, with the spring homebuying season already heating up, many expect prices to sustain significant increases. Accordingly those who plan to finalize a housing transaction this year can benefit from acting soon, Northeast buyers could have more options Athough last year's inventories were extremely tight and pushed many hopeful homeowners out of the manket, this year is expected to be quite different many housing segments are seeing upticks in the number of aveilable houses. Within the latest joint: report released by the US. Census Bureau and the US Department of Housing and Urban Development, it was noted that residential construction within the Northeast rose substantially, During February, regional housing NEW LISTING 3 UNIT IN DUNMORE $249,0 units were authorized by building pemits at a seasonally adjusted annual rate of 102.000, according to the government departments. This figure represented a monthly increase of 6.3 percent from January, in addition to an improvement of 229 peroent from the same time last year: Housing starts in this area were somewhat indered, however, as they were observed at a seasonally adjusted annual rate of 75,000. This marked a decrease of 37.5 from the previous month, as wel as a yeanover-year decline of 292 percent. Meanwhile, housing completions fared a little better, the report showed. In February, residential units under construction in the Northeast were finished at a seasonally adjusted annusl rate of 70,000, which was 29.3 percent below January's figure, but 7.7 pencent GLENBURN TOWNSHIP $1,199,999GLENMAURA $699,900ber reconded duning Feoruary ao PENDING GLENMAURA $599,900WAVERLY $469 9,900R ROARING BROOK TWP $459,900 GLENMAURA $439,900-11 SOUTH ABINGTON $369,900 ARCHBALD $359,000 ROARING BROOK TWP. $264,900 TAYLOR $169,900 MooSIc $149,900