Adventures of a Jersey Shore Realtor

The Best of Living Life on the Jersey Shore because there is only so much Beach!

1
The Newest Challenge in the Market – No Inventory!!!
2
Right Time…Right Property…If you Can Find It!
3
New Year’s Cheer for a Great Year
4
Holiday Home Purchases: Myths & Truths
5
Write Offs To Remember: Deductions In The Loan Process
6
Balancing Reality and Optimism At The Shore
7
Getting Comfortable With A Blog
8
Why a Blog? Why Now?

The Newest Challenge in the Market – No Inventory!!!

For some of you this entry will be a huge surprise. All you ever hear about the Real Estate market is there are so many homes on the market.This is true and not true.Many of the homes that are on the market are the

SAME homes that came on the market over a year ago. Many of these homes needed work, and were over priced when they first came on the market. Now, while their prices may have come down, many of them are still over priced and just sitting on the market giving the illusion that market is glutted with homes for sale.Buyers come to the shore already with the belief that it is a “buyer’s market” and judge the home for sale based upon the plethora of homes that have been sitting that have not sold and probably will never sell until there is a reality check.

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Right Time…Right Property…If you Can Find It!

While October –December is not generally thought of as a busy “home shopping” time at the shore, I found myself quite busy and many homes were sold. Now that January is here, my phone is ringing even more with people calling and looking for a home at the shore.

While temperatures may be dropping, so are the mortgage rates. With rates like 4.75-5.25% people are really crunching numbers and realizing renting is no longer the best choice.

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New Year’s Cheer for a Great Year

Happy New Year everyone…2008 was a great year!

We closed out the year with 72 units representing just under $30 million dollars in sales. Just more proof that the smart buyers know that South Jersey is the right place to invest their money.

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Holiday Home Purchases: Myths & Truths

I am not certain why but there is a perception that the shore gets slow at the holidays. Personally I have been busier with Buyers since mid November than I have been since July. I had family in town for Thanksgiving and the only time I spent at home was Thanksgiving Day. All the other days I was out showing property and I loved it. (no knock to family)

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Write Offs To Remember: Deductions In The Loan Process

Write-offs are the government’s way of rewarding taxpayers when they’ve done something the government likes. And to judge by the write-offs, the government likes it when people borrow money to buy a house. There are write-offs aplenty, many of which people often forget.

Make sure your clients take advantage of every break the IRS will give.

Here are a few they tend to forget:

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Balancing Reality and Optimism At The Shore

With holidays upon us and the changes in Wall Street, people make a lot of assumptions about the Real Estate market at the shore. On a daily basis I hear comments like, “I guess it must be pretty dead right now” and “I guess no one is looking for a house now”.

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Getting Comfortable With A Blog

When I started out to create my blog, it was to put out something that would report the reality of Real Estate in our specific market, so people would stop being so influenced but the National News Media.

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Why a Blog? Why Now?

We are assaulted on a daily basis by National news of a declined housing market and frightening statistics about a credit market that would keep most people locked in their homes. The most important thing to remember above all things is ALL REAL ESTATE IS LOCAL.

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