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Keeping Current Matters

Friday, August 24, 2012

Still Waiting To Buy In Stone Harbor or Avalon?




















Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Thursday, August 23, 2012

Rates are Beginning To Move Higher ! Buy Your Stone Harbor Avalon Summer Home Now!

This marks the fourth straight week of fixed mortgage rates gradually moving higher. Here are the weekly mortgage results as of Aug 23, 2012.

30-yr. fixed: 3.66% (up from 3.62% on Aug 16)

15-yr. fixed: 2.89% (up from 2.88% on Aug 16)

1-yr. adjustable: 2.66% (up 2.69% on Aug 16)

(Source: Freddie Mac- www.freddiemac.com)

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

SO True! Best Time To Buy your Stone Harbor or Avalon Beach House Is NOW !




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Wednesday, August 22, 2012

Stone Harbor Sales Activity Update August 22, 2012




Stone Harbor Sales Activity Update August 22, 2012



As mortgage interest rates hover at historic lows, keeping an eye new listings is very smart!

Mortgage rates around 3.75% continue to boost home affordability with the lowest rates on record. These rates are as close to the bottom as you can expect to get, and add to the urgency to buy your Stone Harbor or Avalon beach house NOW while these rates are at the bottom.

 

 
Each month, I provide the latest Stone Harbor Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Stone Harbor Real Estate Market before you buy or sell a home in the Stone Harbor area.

 

If you would like similar statistics for a specific area, property type or price range, please send me an email Nancy@NancyMAlexander.com and tell me how I can help. I can provide Real Estate Market specifics for nearby communities regions around Avalon and Stone Harbor.

Important to understand you must price you property competitively from the very start and you will see immediate activity, and a contract!

Properties that are priced to sell are considered "in" the market. Properties that aren't are considered simply "on" the market.

Even in the hardest hit markets, there are still buyers, and they are looking for the most competitively priced properties in the best condition.

I help sellers price their homes so that they are "in" the market.  

 I get it. People don't like to be Sold. People want to Buy. I  will provide you information on the homes you like. I'm always responsive but never pushy
 

Let's compare to last year. In Entire year of 2011 there were 58 single family homes Sold in Stone Harbor
107 single family homes were Sold in Avalon in 2011.

 

Since the first of this year, 43 single family homes have been SOLD in Stone Harbor with an average list price of $2,057,532, and average SOLD price of $1,777,953.

77 single family homes have been SOLD in Avalon with an average list price of $1,718,375 and an average SOLD price of $1,596,304. Average days on market = 220

And in Stone Harbor, another 22 single family homes are now Under Contract as of August 22, 2012

In Avalon another 30 single family homes are now Under Contract.





Single Family Homes Now For Sale in Stone Harbor as of August 22, 2012


There are now 107 single family homes for sale in Stone Harbor as of August 22, 2012

http://capemay.paragonrels.com/publink/default.aspx?GUID=e0eff9aa-0da2-4dca-b331-b0c591644208&Report=Yes



Low list price: $ 425,000

High list price: $ 6,950,000

Average list price: $ 2,255,007

Average days on Market: 328




There are now 22 Single Family Stone Harbor Homes Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=75d1829d-9fa2-414c-b0af-7fa41ee67966&Report=Yes





Low list price: $ 449,000

High list price: $ 6,200,000

Average list price: $ 1,605,272

Average days on Market: 352 days


14 single family homes SOLD in Stone Harbor since July 1, 2012.

http://capemay.paragonrels.com/publink/default.aspx?GUID=7a008ffc-94b2-4c01-85d7-591a43d09293&Report=Yes





Average List price was $1,947,285

Average SOLD price was $1,742,750

Average days on market = 244 days


Stone Harbor Condo/Townhouse now For Sale, Under Contract and SOLD since July 1, 2012

There are now 76 Condo/townhouse properties for sale in Stone Harbor

http://capemay.paragonrels.com/publink/default.aspx?GUID=ae220d45-0447-40b6-8886-5cad252bbca9&Report=Yes


Average Days on Market =308
There are now 6Condo/townhouses in Stone Harbor Now Under Contract

http://capemay.paragonrels.com/publink/default.aspx?GUID=438edbe8-0483-469a-9d52-6ac4580d8c32&Report=Yes

7 Condos in Stone Harbor SOLD since July 1 to August 22 , 2012

http://capemay.paragonrels.com/publink/default.aspx?GUID=24da27f5-2fb5-47ef-81bd-880b74636a57&Report=Yes



Average list price = $649,128

Average Sold Price =$602,500

Average days on market = 295



Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

You can reach me by e~mail me at
Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate!
Call my cell 609.425.7521. I return calls immediately.



Find us on Facebook .

https://facebook.com/NancyMAlexanderRealEstate


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Avalon Real Estate Sales Activity August 22, 2012 Market Update

Avalon Real Estate Sales Activity August 22, 2012 Market Update.


As mortgage interest rates hover at historic lows, keeping an eye on new listings is very smart !

Mortgage rates around 3.75% continue to boost home affordability with the lowest rates on record. These rates are as close to the bottom as you can expect to get, and add to the urgency to buy your Stone Harbor or Avalon beach house NOW while these rates are at the bottom.

Each month, I provide the latest Avalon Real Estate market sales statistics based on data from the Cape May County MLS. These Monthly Market Reports are intended to share sales information to help you can make an informed decision about the Avalon Real Estate Market before you buy or sell a home in Avalon.

If you would like similar statistics for a specific area, property type or price range, please send me an email at Nancy@NancyMAlexander.com and tell me how I can help. I can provide real estate market specifics for nearby communities regions around Avalon and Stone Harbor.


Single Family Homes Now For Sale in Avalon as of August 22, 2012


There are 153 single family homes now for sale in Avalon ranging in price from $469,900 to a Whopping $12,500,000! @92 days average days on the market.
http://capemay.paragonrels.com/publink/default.aspx?GUID=62131ba5-2cc3-4e21-adb3-6c2a00aef968&Report=Yes


30 Single Family Homes in Avalon are Now Under Contract. These homes range in price from $595,000 to $3,999,000.
http://capemay.paragonrels.com/publink/default.aspx?GUID=e7091782-8362-4c16-9d06-25d63e357c4c&Report=Yes

9 Single Family Homes in Avalon have SOLD and gone to settlement since July 1, 2012 . These SOLD homes range in price from $775,000 to  $3,000,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=df548d29-217b-4c60-aede-9a0c74692864&Report=Yes

Average List Price Of Single Family property:$1,882,555
Average SOLD Price Of Single Family property: $1,761,761
Average Days on Market: 289 days


There are 83 Condo/townhouses currently for sale in Avalon ranging in price from $154,900 to $1,525,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=fcc892ca-c184-4356-abfd-373b5ac97a17&Report=Yes

14 Condo/townhouses in Avalon Now Under Contract ranging in price from $179,500 to $1,525,000
http://capemay.paragonrels.com/publink/default.aspx?GUID=85ca09e0-bf1b-4790-ab76-62080b420117&Report=Yes

12 Condo/townhouses in Avalon closed since July 1, 2012
http://capemay.paragonrels.com/publink/default.aspx?GUID=19ae36b8-afae-4c88-a21d-63f32e42a1a2&Report=Yes


Average List Price Of Avalon Condo : $746,891
Average SOLD Price Of Avalon Condo : $703,750
Average Days on Market 283 days

Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

 I get it . People don't like to be Sold. People want to Buy. I  will provide you information on the homes you like. I'm always responsive but never pushy


Join my Facebook Page:https://facebook.com/NancyMAlexanderRealEstate You can reach me by e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521. I return calls  immediately.







Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Tuesday, August 14, 2012

Stone Harbor.Under Contract in 19 days! .SOLD and Settled in 30 days! BOOM! Blink and you Missed it !

Happy Buyers, Happy Seller, Happy Realtors!
9200 First Avenue, Stone Harbor, NJ. Listed at $3,295,000















Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

You can reach me by e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate!

Call my cell 609.425.7521.


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Saturday, August 11, 2012

August 2012 Real Estate Update Newsletter Nancy Alexander



Sunny Forecast For The Real Estate Market, Optimism Growing Among Some
The real estate market has had an ominous cloud looming for a long while with sunshine trying to break through. Now, according to a recently released second quarter survey by HomeGain, optimism is growing and a sunnier forecast is anticipated by some.
The survey results are taken from a pool of more than 400 agents and brokers and 1,700 homeowners. Perhaps not surprisingly the optimism is a bit unequal. Regarding the general direction of home values, about 48 percent of industry professionals expect home values to increase compared to only 27 percent of homeowners. However both percentage figures are up from first quarter 2012.
The outlook for the next two years? The forecast, according to the belief of those surveyed, gets even better. Real estate professionals (82 percent) and homeowners (59 percent), both believe home values will increase in the next couple of years. However, a small percentage group, 6 percent of real estate professionals and 15 percent of homeowners, think the exact opposite.
Meanwhile, 14 percent of industry professionals are warning to prepare for yet another decrease in home values. The percentage shoots up to 24 percent of homeowners who agree with this prediction.
Forecasting no change: 38 percent of real estate professionals and 49 percent of homeowners expect home values to remain the same over the next six months.
In a press statement, Louis Cammarosano, General Manager of HomeGain said, "Optimism among real estate professionals spiked in the second quarter. Real estate professionals are optimistic about home prices in the short term and especially optimistic in the coming two years with 82 percent of real estate professionals and 59 percent of homeowners expecting prices to rise."
But where are these anticipated increases in home values expected? The survey results show expected increases are scattered throughout the country. Here are the lists of the top 10 states where home values are expected to increase in the next six months, according to real estate professionals and homeowners.
Real estate professionals expect increases in home values in the next six months: Virginia, Arizona, Colorado, California, Texas, Florida, Massachusetts, Ohio, New York, and Georgia.
Homeowners expect increases in home values in the next six months in: Arizona, Colorado, Oregon, Texas, Pennsylvania, Virginia, Maryland, Washington, Florida, North Carolina.
As for declining home values in the next six months, real estate professionals expect the following top 10 states to get hit hardest in this order: Pennsylvania, Ohio, New York, Georgia, Maryland, Florida, Colorado, Virginia, Texas, and California.
Homeowners think the top 10 states to experience a decline in home values in the next six months will look like this: Illinois, North Carolina, California, Oregon, Georgia, New Jersey, New York, Maryland, Pennsylvania, and Florida.
Breaking down the information. If you're planning to sell your home, be sure to showcase your home's features. As buyer confidence builds in the real estate market, it's important as a seller to think like a potential buyer would. See your home from a buyer's perspective. Before you put your home on the market make it as "buyer-focused" as possible which means the following things should be implemented: de-cluttering, maintenance repair, home staging, and curb appeal. The more you make your home "buyer-focused" the greater the chances of a faster and higher priced sale. For more information read my column " Buyers Want Move-In Ready Homes. " 

Written by Phoebe Chongchua
Below is entire August Newsletter
http://realtytimes.com/165/NancyAlexander

Buying or Selling a home in Stone Harbor or Avalon, or if you need a Summer Rental, it would be my pleasure to help you with your Real Estate needs. Have a question about a Stone Harbor or Avalon homes or want to talk about selling yours?

You can reach me by e~mail me at
Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate!
Call my cell 609.425.7521. I return calls and e-mails within hours, usually in just minutes!


Please Join my Facebook Page:
https://facebook.com/NancyMAlexanderRealEstate





Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate