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Thursday, February 28, 2019

Avalon and Stone Harbor NJ Weekly Update February 28th, 2019 #RealEstate #NJ

SOAR HIGH ABOVE AVALON, Sea Isle City, and Townsend’s Inlet!  This new drone video from Remington & Vernick Engineers shows construction crews rebuilding part of the Townsend’s Inlet Bridge.  Crews can be seen inspecting components as an outgoing tide rushes past the bridge structure.  You’ll also enjoy sweeping views of the surrounding area, including the inlet and Avalon’s north end, too!



This new drone video shows the work being done on the Townsend’s Inlet Bridge—and stunning views of the inlet and Avalon!

AVALON FIREFIGHTERS WENT SWIMMING this week, but not for fun!  Members of the Avalon Volunteer Fire Department Water Rescue Team received special training from instructor George Ward of the Pennington School, who volunteered his expertise to help members of the fire department improve their efficiency when swimming.  The session took place at the Cape May County Special Services School District in Cape May Court House.  The fire department operates a 25’ Sea Ark boat, two Jet Skis, and a pair of inflatable boats for responding to various water-based emergencies. 

FENCING AT STONE HARBOR POINT:  Volunteers are needed for a fencing project at Stone Harbor Point; the Endangered and Nongame Species Program will install posts, string, flags, and signage to protect the beach nesting bird habitat at Stone Harbor Point.  The project will last from two to four hours; volunteers should be able to walk long distances in the sand, dress for the weather, and bring their own water and snacks.  Membership in the Wildlife Conservation Corps (run by the Division of Fish and Wildlife) is required.  An application can be found here  https://www.state.nj.us/dep/fgw/pdf/wcc_appl.pdf; contact Christina Davis at Christina.Davis@dep.nj.gov to register. 

TURTLE FENCING has been installed along Sea Isle Boulevard in order to prevent nesting turtles from crossing the road and being run over.  Black coated chain link fencing is being installed between guardrails and the ground, providing a safety barrier for nesting turtles seeking high ground on which to lay eggs.  Sea Isle Boulevard recently underwent a multi-year project to elevate the roadway; the new turtle fencing is the latest phase of the project.

BOATING, ANYONE?  If you’re in the market for a new boat, the Atlantic City Boat Show runs through Sunday, March 3rd, at the Atlantic City Convention Center.  Featuring hundreds of new boats, plus over 400 booths showcasing the latest in marine engines, accessories, and technology, the mid-winter show allows snow-bound boaters the chance to jump start their boating season!  The National Marine Manufacturers Association says New Jersey ranks 19th in the US, spending $394 million on boats in 2017.  The five day show runs from 11am to 8pm Wednesday through Friday, 10am to 8pm on Saturday, and 10am to 6pm on Sunday.  Tickets are $16 for adults; children 12 & under are free.

STORM OF ’62 SLIDESHOW: The Avalon History Center will host a slideshow titled “Storm of ‘62” on Saturday at 1pm, at the Avalon History Center.  Learn about the famous storm and its impact on the Island!

PLAN YOUR VACATION NOW!  Don’t wait too long!  Browse our rental brochure, identify your vacation dates and your price range, and then call or email me!  https://www.flipsnack.com/franzeographics/long-and-foster-avalon-stone-harbor-rental-brochure-fd1kyp3nr.html

UPCOMING EVENTS:
  • Live Music at the Cape May Winery at 711 Townbank Road in North Cape May, 5-8PM, Friday, March 1
  • Cape May County Zoo Junior Zookeeper Program for kids 10-15, learn about animal training, species survival plans, plus a behind the scenes tour of the zoo, 9AM-2PM, Saturday, March 2
  • The Storm of ’62 Slide Show depicting the storm & its impact, Avalon History Center at 215-39th Street, 1-2PM, Saturday, March 2
  • Jazz Concert featuring the Ron Bass Trio, First Presbyterian Church of Cape May at 500 Hughes Street, 3-4:15PM, Sunday, March 3
  • Avalon’s Shop-a-Holics Weekend, designers, deals & drinks, Princeton Bar & Grill & the Whitebrier, 4-9PM on Thursday & Friday, March 7 & 8 and 10AM-6PM on Saturday, March 9
  • Avalon Home & Land Owners Association Meeting featuring Councilpersons Nancy Hudanich  & Chuck Covington, Avalon Senior Center, 10AM, Saturday, March 9
  • Fiddle Club, students from Music Studios in Linwood & professional musicians perform Irish songs to celebrate St. Patrick’s Day, Avalon Free Public Library, 1-2PM, Saturday, March 9
  • Stone Harbor Shiver Polar Plunge Pre-Shiver party, The Reeds, 6-9PM, Friday, March 15
  • 14th Annual Comedy Night Social, Cape May Convention Hall, for ticket info call 609-884-9565, 7-10PM, Friday, March 15
  • Creative Writing Seminar, tips & feedback on poetry, stories, books, etc, register at 609-967-7155, Avalon Free Public Library, 10AM-Noon, Saturday, March 16
  • Kegs & Eggs Pre-Shiver Celebration, Fred’s Tavern, 10AM, Saturday, March 16
  • Parade to the 96th Street beach from behind Fred’s Tavern, starts at Noon, Saturday, March 16
  • Stone Harbor Shiver Polar Plunge, 96th Street Beach, following the parade from Fred’s Tavern which begins at Noon, Saturday, March 16
  • Apple Computer, iPads & iPhones Drop-In Tech Workshop, Avalon Free Public Library, 1-3:30PM, Saturday, March 16
  • Teatime at the Avalon History Center, enjoy tea & shared memories of Avalon, 11AM-Noon, Thursday, March 21
  • Genealogy Discussion featuring Casey Zahn, tips on researching your family history, register at 609-967-7155, Avalon Free Public Library, 10AM-Noon, Saturday, March 23
  • Underground Railroad in Cape May County, Avalon History Center at 215-39th Street, 1-2PM, Saturday, April 6
  • Clean Ocean Action Stone Harbor Volunteer Beach Sweep, meet at the Stone Harbor Beach Patrol Headquarters at 95th Street & the beach, bring gloves & dress appropriately for the weather, 9AM-12:30PM, Saturday, April 13


Featured Property:

Recently renovated with bay and wetland views!



4125 Fourth Avenue, Avalon, $1,469,000, ACTIVE MLS#: 185388


New Listings:
    
247 29th Street, Avalon, $1,100,000, ACTIVE MLS#: 186317

10626 Third Avenue, Stone Harbor, $1,295,000, ACTIVE MLS#: 186262

2749 First Avenue, Avalon, $1,850,000, ACTIVE MLS#: 186306

26 E. 11th Street, Avalon, $3,195,000, ACTIVE MLS#: 186242


Properties Under Contract:

173 33rd Street, Avalon, $499,000, UNDER CONTRACT MLS#: 186169

696 Sunrise Drive, Avalon, $529,900, UNDER CONTRACT MLS#: 186003

229 81st Street, Stone Harbor, $895,000, UNDER CONTRACT MLS#: 186226

161 22nd Street, Avalon, $1,495,000, UNDER CONTRACT MLS#: 185697

2118 First Avenue, Avalon, $1,649,000, UNDER CONTRACT MLS#: 183996

275 65th Street, Avalon, $1,995,000, UNDER CONTRACT MLS#: 186211

141 78th Street, Avalon, $2,250,000, UNDER CONTRACT MLS#: 186153

149 105th Street, Stone Harbor, $2,495,000, UNDER CONTRACT MLS#: 184509

169 89th Street, Stone Harbor, $2,495,000, UNDER CONTRACT MLS#: 185510



Properties Sold:

690 Avalon Blvd., Avalon Manor, $135,000, SOLD MLS#: 170928

287 14th Street, Avalon, $655,000, SOLD MLS#: 185626

378 83rd Street, Stone Harbor, $665,000, SOLD MLS#: 183290

129 18th Street, Avalon, $1,300,000, SOLD MLS#: 185127













Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, February 26, 2019

Cape May County NJ Luxury Housing Market Update January 2019 #RealEstate #NJ

The real estate market is always changing, and if you’re buying or selling a home—especially a luxury property—it’s critical to understand the current market conditions. More than simply seeing what’s happening to real estate as a whole in your local area, you need insights on what’s taking place in the highend market, specifically with uncommon and unique homes like yours or those for which you’re shopping. That’s why Long & Foster publishes our exclusive LuxInsight report—giving consumers like you invaluable information on the luxury market performance in your local area.

Published monthly, LuxInsight provides you with A broad overview of real estate trends in the
high-end real estate market. From median sale prices and active inventory to the current housing Demand and available active listings, LuxInsight gives you access to essential statistics you
need to know.

Beyond this valuable market information, Long & Foster’s team of luxury sales associates is available to guide you through the real estate process. We believe luxury real estate is all about the individual, and when you work with us, you'll receive an experience tailored to your unique needs. You'll enjoy exceptional service and expertise, provided by agents who specialize in marketing and selling the most stunning luxury homes. You'll gain our exclusive connections around the world and get a luxury home experience with proven results.




http://longandfostermarketinfo.com/Reports/LuxInsight/Cape_May_County_New_Jersey.pdf



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Sunday, February 24, 2019

Home Renovation: 3 Routes You Can Take After Purchasing a Historic Home



By Kara Masterson
Many homes are bought and sold every year—and a good chunk of them are newly constructed. However, an even larger number of existing homes are sold every year. In 2017, about 5.51 million existing houses were sold.
Not all of these homes are just a few years old, either. Some are decades or even a century old. Historic homes can be magnificent structures, and there are many reasons to purchase one even as new homes are constructed elsewhere.
What should you do if you buy a historic home? Here are three routes you can go down should you choose to take the historic homeownership dive:
Renovate
One obvious choice when buying a vintage property is to renovate it. In this context, that means to update the home to bring it up to modern standards in terms of aesthetics and functional features; this can include work on both the interior and exterior. You may want to, for example, upgrade the siding to newer, more versatile choices like vinyl, stone or fiber cement.
You may also want to take steps to update the interior, such as installing new flooring, painting the walls, converting rooms for new purposes, and installing more modern fixtures and appliances. This can be a lot of work with an older house, so contracting the job to a company that focuses on historic home renovation can be key. Some older homes relied on lamps in shared living spaces and aren't really lit the way we're used to in contemporary homes. If the home seems dark, that may be why. Try adding in some new lighting and enough power outlets for today's demands.
Restore
A second choice is to restore the home. This means to revert it back to its original condition as closely as possible. If your home has real historic significance or was built in a striking vintage style, this is probably the best choice. Why destroy something beautiful by changing it when you could restore it to its former glory?
Historic home restorations require experts with extensive knowledge of historic architecture and the skillset to recreate classic interior and exterior design in the modern era. This can become expensive very quickly, but the results can be eye-popping, transporting you to another time period.
If you're spending the resources to have the beauty of vintage architecture up to today's standards, you should consider getting an interior designer. Your average furniture store is not going to have furniture that fits the historic styles you're looking for. There are more niche or vintage stores now that have furniture that could fit with your restoration.
A Combined Approach
Say you find a beautiful historic home in Hudson Valley, N.Y. You may love the historic features of the property, but don't want to live in the past, either. In this case, it's best to find a compromise between renovation and restoration. Bring your home up to modern standards in regards to home systems like plumbing and appliances; however, keep the most striking and historic features of the home intact, like the crown molding or sweeping staircase.
When working with a historic property, you want to use a custom homebuilder with experience in renovation. These professionals will give you the best of both worlds: You get to preserve what you want and update as you wish. Have them focus on keeping the best of the past while adding today's comforts.
Older home renovations and/or restorations can take a ton of work. Still, the results of that effort can be truly incredible. If you buy a historic home, consider the three options above. Choose the one that best meets your needs, as well as your wishes for a dream home!



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, February 22, 2019

Real Estate Study: The Most Loved Neighborhoods in the U.S.


The Oaks, a luxury gated community in the Los Angeles metro area, is the nation’s most loved neighborhood, according to Zillow. Several other gated communities, as well as a number of other upscale areas, made up the majority of Zillow's list of the most-favorited U.S. neighborhoods.
Zillow, which focused on the 35 largest metros in the country, defines each region’s "most loved" neighborhood as "the one having the highest rate of net user saves (saves minus un-saves) per household—indicated as a clickable heart icon on a given home’s details page on Zillow."
Affluent neighborhoods weren’t, however, the only ones to get love. Several hot vacation/retirement spots and areas experiencing revitalization also made the list.
Ellisville, a small community near Cape Cod, got more love per home than any other neighborhood in the Boston metro area. Also, Manayunk, a traditionally working class neighborhood in Philadelphia which has redefined itself as trendy and is attracting young, upper-middle class professionals, topped the list for the Philly metro area.
The Oaks, however, was a clear winner. The gated community—located in Calabasas—is home to a number of celebrities, including Jennifer Lopez and Ozzy Osbourne.
Below is an infographic highlighting the top 35 metro areas in the country, including the most loved neighborhood in each:


Credit: Zillow
To view the full report and for a breakdown of Zillow’s methodology, click here.





Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, February 21, 2019

Avalon and Stone Harbor NJ Weekly Update February 21st, 2019 #RealEstate #NJ



This gorgeous photo of a vibrant sunset was captured by Rebekkah Davies of Stone Harbor.  The windows of the Bayfront homes are lit by the sunset!

MARKET STATS:  The number of units sold in January decreased slightly versus last year, while the number of active listings remained about the same.  For detailed look at the market, see the latest Long & Foster Market Minute here:


View The Latest Long & Foster Market Minute Report  |  Download/Print PDF

THE TOWNSEND INLET BRIDGE is still expected to reopen in time to accommodate summer traffic, despite bad weather that has affected the ongoing reconstruction of the bridge.  The span has been closed since September to allow for the complete replacement of seven of its 27 spans.  Weather conditions have hampered construction work in recent weeks, but the contractor making repairs has shifts working around the clock in order to speed the project along.   When the bridge is closed, a trip from the northern end of Avalon to the southern tip of Sea Isle City takes about 27 minutes via the mainland, instead of just a few minutes.

BRIDGES ARE A PART OF LIFE IN CAPE MAY COUNTY, with numerous inlets and waterways spanned by a variety of roadways.  The ongoing construction of the new Garden State Parkway Bridge spanning Great Egg Harbor Bay is expected to be completed in May, followed at some point by the opening of the pedestrian walkway built into the bridge.  Also under discussion is the Middle Thorofare Bridge, which links Ocean Drive between The Wildwoods and Cape May.  Replacement of the existing drawbridge with a fixed span bridge was discussed by county freeholders.  The fixed span under consideration would have  vertical and horizontal clearances of 80 feet in order to accommodate the numerous commercial fishing vessels that regularly travel under the current drawbridge.  The elevated fixed span would make drawbridge openings a thing of the past, easing summer traffic congestion, but would come with an estimated price tag of $242 million.

MISSED LAST WEEK’S POLAR BEAR PLUNGE in Sea Isle City?  There’s still plenty of time to sign up for the Stone Harbor Shiver, which takes place on March 16th.  Proceeds from the event will benefit Family Promise of Cape May County, and the Stone Harbor Chamber of Commerce.  Registration fees include a long sleeve tee shirt or hooded sweatshirt.  In addition to the plunge, enjoy a Pre-Plunge party at the Reeds Friday evening, Kegs & Eggs at Fred’s Tavern Saturday morning, and a post-party, also at Fred’s.  Details and registration info can be found here: https://www.active.com/stone-harbor-nj/water-sports/swimming/stone-harbor-shiver-polar-plunge-2019

NEW FIRE TRUCK FOR AVALON:  A new Pierce Enforcer PUC pumper is nearing completion and is expected to be delivered to Avalon in early March, and will feature a 750 gallon water tank, a 1500-gallon-per-minute pump, and a compressed air foam system.  After delivery, fire department engineers will be trained by the manufacturer on the operation of the new truck.  A 1996 truck will be traded in for credit.

UPCOMING EVENTS:
  • Tea & Memory Sharing at the Avalon History Center at 215-39th Street, 11AM, Thursday, February 21
  • Fire Pit Friday at Willow Creek Farm & Winery, music, full wine & tapas menu available, call 609-707-8782 to reserve a seat, 5:30-9PM, Friday, February 22
  • Pick a Language to Learn with Cathy Zane using numerous offerings in Rosetta Stone or Mago, Avalon Free Public Library, 10-11:30AM, Saturday, February, 23
  • Fallen Heroes Polar Bear Plunge,15th Street & the Ocean, North Wildwood, proceeds benefit the Philadelphia Fallen Heroes Fund, MRSA Awareness & local scholarships, 11AM-2PM, Saturday, February 23
  • Windows Computers & Android Smart Phone Drop In-Tech Workshop,  help with your computer, phone, software or an app, Avalon Free Public Library, 11:30AM-1PM, Saturday, February 23
  • Cape May County Zoo Junior Zookeeper Program for kids 10-15, learn about animal training, species survival plans, plus a behind the scenes tour of the zoo, 9AM-2PM, Saturday, March 2
  • The Storm of ’62 Slide Show depicting the storm & its impact, Avalon History Center at 215-39th Street, 1-2PM, Saturday, March 2
  • Avalon’s Shop-a-Holics Weekend, designers, deals & drinks, Princeton Bar & Grill & the Whitebrier, 4-9PM on Thursday & Friday, March 7 & 8 and 10AM-6PM on Saturday, March 9
  • Avalon Home & Land Owners Association Meeting featuring Councilpersons Nancy Hudanich  & Chuck Covington, Avalon Senior Center, 10AM, Saturday, March 9
  • Fiddle Club, students from Music Studios in Linwood & professional musicians perform Irish songs to celebrate St. Patrick’s Day, Avalon Free Public Library, 1-2PM, Saturday, March 9
  • Stone Harbor Shiver Polar Plunge Pre-Shiver party, The Reeds, 6-9PM, Friday, March 15
  • Kegs & Eggs Pre-Shiver Celebration, Fred’s Tavern, 10AM, Saturday, March 16
  • Parade to the 96th Street beach from behind Fred’s Tavern, starts at Noon, Saturday, March 16
  • Stone Harbor Shiver Polar Plunge, 96th Street Beach, following the parade from Fred’s Tavern which begins at Noon, Saturday, March 16
  • Apple Computer, iPads & iPhones Drop-In Tech Workshop, Avalon Free Public Library, 1-3:30PM, Saturday, March 16


Featured Property:

An extraordinary combination of location, quality, and ocean views!



176 61st Street, Avalon, $8,999,999, ACTIVE MLS#: 177248


New Listings:
    
7800 Dune Drive, Avalon, $275,000, ACTIVE MLS#: 186117

1777 Ocean Drive, Avalon, $559,000, ACTIVE MLS#: 186112

639 21st Street, Avalon, $675,000, ACTIVE MLS#: 186120

229 81st Street, Stone Harbor, $895,000, ACTIVE MLS#: 186226

76 W. 19th Street, Avalon, $1,695,000, ACTIVE MLS#: 186185

275 65th Street, Avalon, $1,995,000, ACTIVE MLS#: 186211

141 78th Street, Avalon, $2,250,000, ACTIVE MLS#: 186153

8522 Sunset Drive, Stone Harbor, $2,550,000, ACTIVE MLS#: 186234

137 109th Street, Stone Harbor, $2,599,000, ACTIVE MLS#: 186125

164 84th Street, Stone Harbor, $2,695,000, ACTIVE MLS#: 186218

4656 Dune Drive, Avalon, $3,595,000, ACTIVE MLS#: 186166

6519 Dune Drive, Avalon, $4,595,000, ACTIVE MLS#: 186223

75 W. 37th Street, Avalon, $4,795,000, ACTIVE MLS#: 186213

181 65th Street, Avalon, $4,995,000, ACTIVE MLS#: 186167

5878 Ocean Drive, Avalon, $5,995,000, ACTIVE MLS#: 186158


Properties Under Contract:

1114 Stone Harbor Boulevard, Stone Harbor Manor, $629,000, UNDER CONTRACT MLS#: 185858

238 25th Street, Avalon, $1,095,000, UNDER CONTRACT MLS#: 186144

274 58th Street, Avalon, $1,695,000, UNDER CONTRACT MLS#: 185052

5410 Dune Drive, Avalon, $1,899,000, UNDER CONTRACT MLS#: 186137

23 West 12th Street, Avalon, $1,899,000, UNDER CONTRACT MLS#: 184484

244 13th Street, Avalon, $2,399,000, UNDER CONTRACT MLS#: 184427

305 76th Street, Avalon, $2,595,000, UNDER CONTRACT MLS#: 177756

4814 Fifth Avenue, Avalon, $5,795,000, UNDER CONTRACT MLS#: 171071



Properties Sold:

355 40th Street, Avalon, $707,500, SOLD MLS#: 184402

311 42nd Street, Avalon, $1,450,000, SOLD MLS#: 184632












Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Wednesday, February 20, 2019

5 Signs Your Heat Pump Needs Service


By Brentnie Daggett
We’re in the throes of the cold winter months in much of the country, which means many of us are spending a great deal of time thinking about our heating systems. In the U.S., roughly 40 percent of homes are heated via electric heat, rather than gas or oil.
Some electric systems encompass the more traditional baseboard or wall heaters, which are significantly less efficient than a heat pump, although cheaper in upfront costs. Heat pumps can cost more initially but are three to four times more effective at heating using the same amount of electricity. Some places even offer rebates if a heat pump upgrade is installed in a home. If you have a heat pump, then it’s important to take care of it to keep it in top shape.
Did you know heat pumps not only work overtime in the winter, but also cool the air in the summer? Because of their multiple capabilities, it’s easy to see how the heat pump can get overworked in its year-round job.
It's important to pay close attention to appliances like your heat pump and make sure to keep up routine maintenance—about once per year—to keep them functioning properly; however, you may need to have an expert make a house call if you're experiencing any of these issues:
Sudden increase in energy bills.
Unfortunately, air conditioners and heat pumps tend to use a lot of electricity. When you first install one of these appliances in your home, it's completely normal for your electricity bills to increase; however, if your energy bill suddenly skyrockets even though your usage hasn’t changed, you might want to take a closer look at your heat pump.
Sometimes the fix for a sudden increase in energy usage is as simple as replacing the air filter to improve airflow and energy efficiency. Other reasons may require the attention of an HVAC professional. Low refrigerant charge, refrigerant overcharge or even faulty installation might be affecting your heat pump's efficiency.
Airflow that isn’t flowing.
In some cases, poor airflow may have something to do with your ducts. If your ducts are clean, clear and don’t have any leaks, the problem may be with the heat pump itself. Poor airflow can be caused by a number of factors, including dirty air filters, dirty coils, the outside unit may be blocked or the blower motor may be malfunctioning. While you can usually handle dirty air filters, blocked outside units and dirty coils on your own, a malfunctioning blower motor and other more technical issues are best left to the professionals.
Unusual noises.
Your heat pump may be one of the louder appliances in your home, but if the normal humming sound is interrupted by rattling, flapping, screeching or other unusual noises, it may be a sign of a problem. Loose fan belts can result in a rattling or flapping noise, while screeching is usually caused by a poorly-lubricated central air fan motor. You may even hear a bubbling sound if there is a leak in your refrigerant. If any new noises concern you, it’s best to play it safe and call your HVAC technician to check things out.
Smells that aren’t quite right.
Your heat pump needs immediate attention if the air coming out of the appliance smells off. Musty or rotting smells are a concern due to the implication of mold formation or an animal making its way inside your unit. Any sort of burning smell is something you should immediately act on due to potential fire hazard. A burning smell typically indicates there is something wrong with your heat pump electrically, which can quickly become dangerous. If you do smell burning coming from your unit, turn it off immediately and don’t turn it back on until an HVAC professional has examined it and fixed any problems.
The heat is on and you're still shivering.
If your heat pump is running at full blast with a steady airflow and your home is still cold, something isn't right. The problem may be with your fan or the fan motor, or there may be an issue with the thermostat. It's also possible that your heat pump’s electronic control board or printed circuit board assembly is malfunctioning. The thermistor, which signals the main control board to turn the compressor on or off, may be failing as well.
Routine maintenance should help keep your heat pump functioning properly, but it's vital to never ignore any signs that your heat pump might need service. It's always better to deal with a problem in the early stages before it gets out of control. Make sure you have a trusted HVAC professional you can contact if issues to arise. No one wants to find themselves with a broken down heat pump in the middle of the winter!



Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Tuesday, February 19, 2019

Where Are Women Buying Homes?


Achieving homeownership status is still a goal for the majority of Americans, but for the younger generation struggling with student loan debt, the goal may feel lofty. For women—who still earn just 81 percent of what their male counterparts do, according to 2018 data from the U.S. Census Bureau—this goal can feel even more unattainable.
However, a recent SmartAsset study examined where in the country women are successfully buying homes. The study is based off home loan data from the Consumer Financial Protection Bureau, and follows women making home purchases without cosigners.
The study showed that while women are becoming solo homeowners, they're, on average, three times less likely to do so when compared to men. The sole geographical exception to this rule? Ithaca, N.Y., where women are purchasing more homes than men—but even there, the margin is slim: 146 women compared to 145 men.
An interesting takeaway from the study is that while women are purchasing fewer homes than men, they are taking larger risks. In 348 of the 402 metros analyzed, women buying alone had a larger loan-to-income ratio than men. So where are woman buying? See the infographic, below:

Credit: SmartAsset
Details on the study, including full methodology and rankings, can be found here.


Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Friday, February 15, 2019

Staying Ahead of a Shifting Market


Why is the HomeSmart model a great fit for you in the SoCal market where you’re based?The HomeSmart model gives us the operational efficiencies needed to maintain 25-30 percent bottom line margins. These efficiencies include proprietary technology, centralized file review, risk management, one-click marketing and accounting services. When many of our competitors are running sub-10 percent margins, this is a huge advantage.
Are you leaning on specific technologies to make your office more efficient, your team more productive, or both?We lean a lot on HomeSmart’s proprietary technology as it streamlines almost every aspect of the brokerage business, driving more profitability to the brokerage. Additionally, our agents can produce professional marketing pieces instantly from almost any device. They have the ability to upload their transaction documents to our system from anywhere, eliminating the need to carry sensitive personal information around with them.
How is HomeSmart making it easier for brokers to develop next-gen real estate professionals with a focus on client relations?With our agent panel, we’ve nearly eliminated the need for traditional paperwork as transaction documents can be completed and uploaded utilizing any device. Our staff will compile, review and audit all documents for compliance so that our professionals can concentrate on their clients’ needs. In addition, we have licensed transaction coordinators that follow up on the transactional details, allowing our professionals to assist clients with the emotional moments that come with their move.
Are there any expansion opportunities on the horizon in 2019?There’s a massive shift about to happen in our industry within the next five years. A large majority of our broker/owners are at or near retirement age, and there isn’t a definitive exit strategy in our industry. This allows for some interesting win-win scenarios, whereby we’ll be able to create a bridge retirement plan for these owners.
Final Questions… 
What’s your best tip for dealing with difficult clients?Bury your ego. Don’t get caught up in their personal emotion, but rather, focus on the facts and assist them with moving their transaction to a successful conclusion.
What’s the most creative marketing campaign you’ve run?We ran a campaign called “Shift Happens” when we joined HomeSmart in 2012 to highlight the shift our marketplace would see when we combined the benefits HomeSmart brought to our existing brokerage.
What’s your key to staying profitable?HomeSmart proprietary systems, which allow the brokerage to centralize operations and eliminate redundant costs.
What’s your best recruiting technique?Our support. Not only are our risk managers available seven days a week, but also, they typically respond within 10 minutes. Our agents share this great experience with non-HomeSmart agents and recruit them to experience this support.
For more information, please visit www.homesmart.com.
John Voket is a contributing editor to RISMedia.




Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com

Thursday, February 14, 2019

Avalon and Stone Harbor NJ Weekly Update February 14th,2019 #RealEstate #NJ


Monday’s snowfall turned to freezing rain on the Island.  Here, blades of dune grass laden with ice stand above a light coating of snow blanketing the dunes.


A RECORD 932 OSPREYS were counted in New Jersey in 2018, according to an Atlantic City Press article.  Of the state’s 589 active nests, 423 were located in Atlantic, Cape May, and Cumberland Counties.  During the summer months ospreys can easily be viewed in and around the wetlands behind Avalon & Stone Harbor.

THE WETLANDS INSTITUTE celebrates its 50th Anniversary of its founding on February 17th.  The non-profit organization has a mission to preserve, protect and steward wetlands and coastal ecosystems and fulfills its mission through programs in research, conservation and education.  Executive Director Dr. Lenore Tedesco said ““The Wetlands Institute was founded with an understanding that wetlands and coastal ecosystems are immensely important and needed to be studied and protected.  We have stayed true to that mission.”  The Wetlands Institute is planning celebrations throughout the year including a weekend-long open house and celebration in June and free admissions days on the first Wednesday of June, July, August and September.   Visit The Wetlands Institute online at www.wetlandsinstitute.org



This Victorian home left Avalon a year ago and awaits another move.  See below for info.


ABOUT A YEAR AGO the Victorian home (above) was disassembled and removed from its lot in Avalon in order to save it from demolition.  Today it sits in storage on the mainland, awaiting a move to its new location in Cape May.  See this Atlantic City Press article for more on the house and its future:  https://www.pressofatlanticcity.com/news/press/cape_may/why-one-of-avalon-s-oldest-homes-is-sitting-in/article_5ce3e1f5-07a6-5121-b28d-beb05c7ca212.html?utm_source=WhatCountsEmail&utm_medium=NEWS%20-%20Daily%20Headlines&utm_campaign=DAILY%20HEADLINES%20-%20Wednesday

THE AVALON MUSEUM has more than a dozen oral histories recorded detailing a variety of things from Avalon’s past.  The Museum is also seeking additional oral histories to add to its collection.  To listen online, or to contact the Museum about adding to the collection, click here: http://www.avalonhistorycenter.org/Get-Involved/Oral-History

THIS WEEKEND: Catch Polar Bear Weekend in Sea Isle City, including the Plunge on Saturday at 2pm.  If 39 degree ocean water is a bit too chilly for you, consider the Polar Bear Run/Walk for Autism on Sunday, on the Promenade.  For info on Polar Bear Weekend events click here: https://www.visitsicnj.com/featured-event


HAPPY VALENTINE’S DAY to you & yours!


UPCOMING EVENTS:
  • Sea Isle City Polar Bear Weekend, festivities all weekend with the plunge on Saturday, February 16 at 2PM, Friday-Sunday, February 15-17
  • Avalon Beach Party, bring the kids for an indoor beach party including the limbo, music, crafts and a game, Avalon Free Public Library, 10-11AM, Saturday, February 16
  • Creative Writing Seminar, tips & feedback on poetry, stories, books, etc., register at 609-967-7155, Avalon Free Public Library, 10AM-Noon, Saturday, February 16
  • Beck’s Philadelphia Brigade Band, music from an authentic Civil War era brass band performed in dress uniform to commemorate Presidents’ Day, Avalon Free Public Library, 2-3PM, Saturday, February 16
  • Uncorked Comedy at Willow Creek Farm & Winery, 3 course wine paired dinner & comedy show, 6-10PM, Saturday, February 16
  • Third Saturday Comedy with Headliner Tim Krompier & featuring Bob Marsdale, Harbor Square Theater in Stone Harbor, 9PM, Saturday, February16
  • Tea & Memory Sharing at the Avalon History Center at 215-39th Street, 11AM, Thursday, February 21
  • Pick a Language to Learn with Cathy Zane using numerous offerings in Rosetta Stone or Mago, Avalon Free Public Library, 10-11:30AM, Saturday, February, 23
  • Windows Computers & Android Smart Phone Drop In-Tech Workshop,  help with your computer, phone, software or an app, Avalon Free Public Library, 11:30AM-1PM, Saturday, February 23
  • The Storm of ’62 Slide Show depicting the storm & its impact, Avalon History Center at 215-39th Street, 1-2PM, Saturday, March 2
  • Avalon’s Shop-a-Holics Weekend, designers, deals & drinks, Princeton Bar & Grill & the Whitebrier, 4-9PM on Thursday & Friday, March 7 & 8 and 10AM-6PM on Saturday, March 9
  • Fiddle Club, students from Music Studios in Linwood & professional musicians perform Irish songs to celebrate St. Patrick’s Day, Avalon Free Public Library, 1-2PM, Saturday, March 9
  • Stone Harbor Shiver Polar Plunge Pre-Shiver party, The Reeds, 6-9PM, Friday, March 15
  • Kegs & Eggs Pre-Shiver Celebration, Fred’s Tavern, 10AM, Saturday, March 16
  • Parade to the 96th Street beach from behind Fred’s Tavern, starts at Noon, Saturday, March 16
  • Stone Harbor Shiver Polar Plunge, 96th Street Beach, following the parade from Fred’s Tavern which begins at Noon, Saturday, March 16
  • Apple Computer, iPads & iPhones Drop-In Tech Workshop, Avalon Free Public Library, 1-3:30PM, Saturday, March 16



Featured Property:

New construction on the bay, with beautiful views and a short boat ride to Townsend’s Inlet!



883 21st Street, Avalon, $2,395,000, ACTIVE MLS#: 185755


New Listings:
    
571 Avalon, Avalon Manor, $279,000, ACTIVE MLS#: 186052

7900 Dune Drive #115, Avalon, $295,000, ACTIVE MLS#: 186010

7900 Dune Drive #109, Avalon, $330,000, ACTIVE MLS#: 186009

710 Avalon Boulevard, Avalon Manor, $359,000, ACTIVE MLS#: 186012

9716 Third Avenue, Stone Harbor, $489,000, ACTIVE MLS#: 186057

696 Sunrise Drive, Avalon, $529,900, ACTIVE MLS#: 186003

285 14th Street, Avalon, $659,000, ACTIVE MLS#: 186019

234 24th Street, Avalon, $989,900, ACTIVE MLS#: 186013

280 89th Street, Stone Harbor, $995,000, ACTIVE MLS#: 186048

6337 Heron Cove, Avalon, $1,399,000, ACTIVE MLS#: 185979

256 44th Street, Avalon, $1,549,000, ACTIVE MLS#: 186017

2619 Dune Drive, Avalon, $1,625,000, ACTIVE MLS#: 186041

210 121st Street, Stone Harbor, $2,650,000, ACTIVE MLS#: 186066

53 W. 25th Street, Avalon, $2,695,000, ACTIVE MLS#: 186007

8 111th Street, Stone Harbor, $3,500,000, ACTIVE MLS#: 186031

190 75th Street, Avalon, $3,595,000, ACTIVE MLS#: 185983

5878 Ocean Drive, Avalon, $6,875,000, ACTIVE MLS#: 185996


Properties Under Contract:

1114 Stone Harbor Boulevard, Stone Harbor Manor, $599,000, UNDER CONTRACT MLS#: 185334

259 20th Street, Avalon, $747,000, UNDER CONTRACT MLS#: 181982

248 28th Street, Avalon, $974,900, UNDER CONTRACT MLS#: 184350

388 39th Street, Avalon, $999,000, UNDER CONTRACT MLS#: 185370

870 21st Street, Avalon, $1,595,000, UNDER CONTRACT MLS#: 185974

56 E. 17th Street, Avalon, $3,499,000, UNDER CONTRACT MLS#: 185662

174 76th Street, Avalon, $3,750,000, UNDER CONTRACT MLS#: 185991



Properties Sold:

226 108th Street, Stone Harbor, $2,446,000, SOLD MLS#: 182725

151 21st Street, Avalon, $2,575,000, SOLD MLS#: 184255












Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com