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The Poconos Most Expensive HomesThere's been a lot of denial among Poconos luxury homeowners. In 2006, as the market peaked they thought the luxury market would not suffer the fate of the broader Pocono Real Estate market. Two years later in 2008 high-end home buyers were thought to have endless, deep pockets, and this would insulate the top-tier real estate from the cratering economy. As the nation and world's markets in late 2008 went from bad to worse, some people in the real estate sales industry claimed that the lack of trophy properties outstripped supply. This year in 2011, reality sets in. No one is buying million plus homes in the Poconos Mountains of PA . Fewer are buying $2 million homes. Properties in these ranges are either being reduced by amounts similar to the national debts of small countries, or are being pulled from the market entirely. It's been a bad year for the Poconos Most Expensive Homes. Welcome to our annual list of the region's priciest lakefront mansions, mountain retreats, high end ski lodges and country estates. To compile our list, we spoke with brokers and consulted listing agents and real estate appraisers and scoured real estate listings. We included listings from both the Southern Poconos and the Northern Poconos - Lake Region and we did not consider land sales, commercial properties or multi family units. The Most Expensive Homes For Sale in the Southern Poconos..The Most Expensive Homes in the Northern Poconos - Lake Region
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