Avalon/Stone Harbor NJ Weekly Update August 18th, 2016

AN OCEAN DRIVE PROJECT between 29th and 62nd Streets in Avalon is anticipated next spring.  The county project would bring that section of the roadway into compliance with the Americans with Disabilities Act with new sidewalks, and also elevate the roadway to help alleviate flooding and improve drainage.  Work is anticipated to begin in March 2017, breaking in June for the summer season, and then resuming in September.

Click above for the latest report on the Avalon/Stone Harbor market!

FROM 83 TO 69! The ocean surf temperature reached a record 83.3 degrees last Wednesday in Atlantic City, with Cape May seeing 81.7 degrees.  By Friday the wind had shifted to a southwesterly direction, moving the warm water offshore.  “Upwelling” brought cooler water to the surface, taking the surf temperature back down to a refreshing 69 degrees.  The average surf temperature at this time of year is 74 degrees.

FALLFORTHEJERSEYCAPE.COM highlights great fall and events in Cape May County.  The county’s Department of Tourism operates the site as part of their “Boomerang” marketing campaign, designed to bring visitors back to the Jersey Cape for fall (and spring) getaways, in addition to traditional summer vacations.  From classic car shows to theater events to nature celebrations to airshows—you will find a great line up of Jersey Cape events on the site!  Visit www.FallfortheJerseyCape.com to check it out!

FALL MIGRATION FESTIVAL:  Speaking of fall activities, one of the most popular is The Wetland’s Institute’s annual Fall Migration Festival, which will be held Saturday & Sunday, September 17-18.  This year’s festival will feature guided nature walks, back-bay boat and kayak tours, live butterfly presentations, crafts, and more.  Single day tickets are $10 for adults and $8 for a child; two-day tickets are $15 for adults and $10 for a child.  Visit  http://wetlandsinstitute.org/events/fall-migration-festival/for more details.

SUMMER BUCKET LIST TIME!  With just a couple of weeks of “prime” summer season left, it’s time to check your Summer Bucket List for those “gotta do it!” items.  Take a little time for you and your family—enjoy the summer and make some memories!

UPCOMING EVENTS:

• Avalon’s Thursdays on Dune Concert featuring The Star Band, Veteran’s Plaza, 7PM, Thursday, August 18
• Cape May Lighthouse Full Moon Climb, call 609-884-5404 for info, Thursday, August 18
• Creative Writing Workshop, Avalon Public Library, register at 609-967-7155, 10AM-Noon, Saturday, August 20
• Stone Harbor Bird Sanctuary Tour led by a Wetlands Institute docent, meet at the Egret Espy Trail entrance at 114th Street & Second Avenue, 10AM, Saturday & Sunday, August 20 & 21
• Stone Harbor Farmer’s Market, 95th Street Water Tower Plaza, 8AM-12:30PM, Sunday, August 21
• 3rd Annual American Legion Post #331 Seafood Festival & Seabillys Concert, 11617 Second Avenue, 5PM,Sunday, August 21
• Stone Harbor’s Family Night featuring Steve Serwatka’s New Jersey Nature Animal Show, Stone Harbor Fire House, 7PM, Monday, August 22
• Stone Harbor’s Tuesdays at the Tower featuring Dane Anthony Band, 95th Street Water Tower Plaza, 7PM,Tuesday, August 23
• Avalon’s Big Beach Movie featuring Zootopia, 30th Street and the Beach, dusk, Tuesday, August 23
• Stone Harbor Family Movie Night on the Lawn featuring Finding Nemo, Stone Harbor Elementary School, 8PM,Wednesday, August 24
• Avalon’s Thursdays on Dune Concert featuring Steel:30, Veteran’s Plaza in Avalon, 7PM, Thursday, August 25
• Stone Harbor’s Sidewalk Sale, downtown shopping district, 9AM-7PM, Saturday, August 27
• Stone Harbor Bird Sanctuary Tour led by a Wetlands Institute docent, meet at the Egret Espy Trail entrance at 114th Street & Second Avenue, 10AM, Saturday & Sunday, August 27 & 28
• Stone Harbor Farmer’s Market, 95th Street Water Tower Plaza, 8AM-12:30PM, Sunday, August 28
• Stone Harbor’s Family Night featuring Cape May Library Story Telling and Puppet Show, Stone Harbor Fire House, 7PM, Monday, August 29
• Stone Harbor’s Tuesdays at the Tower featuring Soulshine, 95th Street Water Tower Plaza, 7PM, Tuesday, August 30
• Stone Harbor Family Movie Night on the Lawn featuring Cars 2, Stone Harbor Elementary School, 8PM,Wednesday, August 31
• IPad Workshop at the Avalon Public Library, register at 609-967-7155, 10AM-Noon, Saturday, September 3
• Stone Harbor Green Fair featuring information on solar energy, re-purposed materials, electric cars, clean energy, natural products, more, 94th Street Parking Lot, 11AM-2PM, Saturday, September 10
• Night Walk at the Cape May County Zoo, after hours tour of the zoo, 6:30-8:30PM, Saturday, September 10
• 21st Annual Nun’s Beach Surf Contest, 111th Street Beach, 7AM, Saturday, September 17
• Wetlands Institute Fall Migration Festival, guided viewing of migratory birds, demonstrations, live animal presentations, more, 9:30AM-4:30PM, Saturday & Sunday, September 17 & 18

Featured Property:

Extraordinary home, extraordinary price!  This unbelievable Bayfront home will exceed your every expectation—and the owner is ready for an offer!  Think it might be the right home for you?  Please call me today!

9911 Sunrise Drive, Stone Harbor, $6,250,000, ACTIVE MLS#: 165941


New Listings:

432 Avalon Boulevard, Avalon Manor, $389,000, ACTIVE MLS#: 171732

1114 Stone Harbor Blvd, Stone Harbor Manor, $525,000, ACTIVE MLS#: 171783

238 43rd Street, Avalon, $1,225,000, ACTIVE MLS#: 171799

10121 Second Avenue, Stone Harbor, $1,275,000, ACTIVE MLS#: 171784

298 46th Street, Avalon, $1,300,000, ACTIVE MLS#: 171753

183 13th Street, Avalon, $1,350,000, ACTIVE MLS#: 171800

7036 Ocean Drive, Avalon, $1,750,000, ACTIVE MLS#: 171792

8800 Sunset Drive, Stone Harbor, $2,200,000, ACTIVE MLS#: 171745

261 90th Street, Stone Harbor, $2,395,000, ACTIVE MLS#: 171738

26 E 14th Street, Avalon, $2,695,000, ACTIVE MLS#: 171774

9001 First Avenue, Stone Harbor, $3,295,000, ACTIVE MLS#: 171710

157 69th Street, Avalon, $4,499,000, ACTIVE MLS#: 171812


Properties Sold:

9511 Sunset Drive #200, Stone Harbor, $185,000, SOLD MLS#: 167699

281 16th Street, Avalon, $867,500, SOLD MLS#: 167643

237 44th Street, Avalon, $972,000, SOLD MLS#: 168770

46 W 22nd Street, Avalon, $1,650,000, SOLD MLS#: 170757

74 W 38th Street, Avalon, $4,350,000, SOLD MLS#: 166859

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

NEW Real Estate Update for August 2016 is out!

Essential 2016 Home Buying Skills

Buying real estate is one of the most complex undertakings of your life. Success is much easier to live with than failure, so decide from the start what "success" means to you in terms of purchasing real estate. Then, be prepared to learn everything necessary to achieve it.

Savvy buyers take two approaches when preparing to excel at buying real estate, especially in hot markets and sought-after neighborhoods:

1. Buyers learn as much as they can about the legal, financial, and decision-making aspects of purchasing; and

2. Buyers leverage the relevant, up-to-date knowledge and expertise of the real estate professional or sales team identified as the best fit to achieve goals important to the buyer.

Among the practical real estate abilities that give buyers the edge during hot real estate markets, regardless of price point, are two essential buying skills: 1. Million-dollar True-Value Validation; 2. Revved Up Decision Making.

Skill #1. Million-dollar True-Value Validation

For years, "million dollar" was the "Big Deal!" label for homes and everything else. Now, it's no big deal. Million-dollar homes are commonplace. In neighborhoods full of multi-million-dollar houses, these homes are the "cheapies." For instance, San Francisco has been overrun with million-dollar homes — an increase of almost 40% since 2012, according to Trulia.

In many cases, this increase in price has not been earned by improvements in architectural design and construction quality. Paying more for less is the really significant aspect of the price-inflation trend. Don't be impressed by 6- or 7-figure-numbers. Be impressed by true value—location and the quality of design and construction. The more that buyers understand about how location influences local real estate value and how to identify quality construction and building design, the more likely it will be that their 2016 purchase retains its value and appreciates over time.

Skill #2. Revved Up Decision Making

The "Days on Market" statistic for listings was originally an indicator that a listing had problems, in one way or other. High demand and low listing inventories can drive "Days on Market" down and drive up selling price. Buyers benefit from investing time in learning strategies for beating out other offers, instead of just "hoping we get it."

Each buyer or buyer couple will only experience the emotionally-draining roller-coaster contest of multiple offers once (if their offer is accepted) or a few times (until their offer is accepted or they give up). They may not fully understand what is going on, especially since everything may move very quickly and buyers are not directly involved in most of the negotiation.

So who do you think is best equipped to "win" the multiple offer contest? No contest here. Real estate professionals are emotionally-detached negotiators who earn their living successfully negotiating multiple-offers, week in and week out, during hot markets.

When buyers know they are facing the possibility or probability of multiple offers, they will benefit from learning exactly what that means. Select an experienced real estate professional who is an area authority and who has a proven track record of helping client buyers achieve their goals. Ask the professional for details on past multiple offer situations and take notes. Which strategies are there? How do you decide which strategy to use? What are all the common mistakes buyers make? Buyers benefit from understanding the entire buying process before they plunge in and begin viewing properties.

Beyond Price

Purchase price is only one feature of an offer to buy real estate. For instance, closing date, what is included in the purchase, conditions on purchase, financial ability to close, how well sellers relate to buyers' intentions for the home, and other factors must be carefully considered when dealing with multiple offers. Which items are most important to the seller can rest on many factors, including emotions. The real estate professional's ability to extract details about the seller and the property will be key to creating a stand-out offer that the seller is drawn to accept. It may not be the one with the highest price either.

Bonus: Earned Trust

To backtrack a bit, if buyers do not have complete trust in the expertise of the real estate professional they choose, they are both in trouble. Could you plunge in and agree to significant additional increases in purchase price or dramatic changes in closing date if you did not have full confidence in the professional representing you? Would you listen to suggestions to continue with negotiations or to step away from the property?

When you want to achieve your goals in spite of multiple-offer contests, begin by being sure about your fit with the professional you've chosen to help you become sure about location and value. Then study the multiple offer process to be mentally prepared and financially ready to take steps you can live with and to avoid disappointments you do not want to live with. Then, go looking for that dream home.


Written by PJ Wade

Read the full Aug 2016 Newsletter 
here --> http://www3.realtytimes.com/c/nancyalexander

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor and Avalon Real Estate Sales Activity in The Month of June 2008

Stone Harbor and Avalon Real Estate Snapshot of Real Estate Sales Activity in The Month of June 2008


There are now 100 single family homes on the sale market in Stone Harbor ranging in price from $495,000 up to a whopping $6,500,000. Average time on the market is 250 days.

There were four single family homes which Sold and settled in June with prices ranging from $847,000 to $1,830,000.Average time on the market =263 days

3 single family homes in Stone Harbor went Under Contract in June with price ranging from $849,000 to $1,999,000

There are now 72 Condo/Townhomes for sale in Stone Harbor priced from $225,000 up to $1,899,000 .The average time on the market is 252 days.

2 Condo/Townhomes Sold and settled in June .These Sold for $628,000 and $787,000

One condo went Under Contract in June .This is listed at $749,000 and was on the market for 192 days.

Avalon

There are now 218 single family homes on the sale market in Avalon.
7 single family homes SOLD and Settled in June with prices ranging from $995,000 to $4,300,000. Average time on market =269 days
One single family home went under contract in Avalon in June priced at $1,399,000

There are now 100 condo/townhomes for sale in Avalon ranging from $185,000 to $2,495,000.Average time on the market is 267 days.

6 condos in Avalon went Under Contract in June with prices ranging from $394,990 to $1,499,500
4 Condos SOLD and Settled in June. These ranged in price from $677,500 to
$1,451,500.Average time on the market was 457 days.
Would you like more information? call me..I Love To Talk Real Estate!
Cell:609.425.7521



http://StoneHarborRealtor.com

Jon Stewart’s The Daily Show on Comedy Central. Monday, Stewart provided brilliant analysis of the recent market turmoil.

Nancy@NancyMAlexander.com
www.StoneHarborRealtor.com
800.708.5792

Spring In Stone Harbor

I love Spring. Spring is all about hope and the promise of things to come. Trees are budding and flowers are beginning to bloom. And in MLS each morning for the past few weeks I see more and more “under contracts’ showing up.
Stone Harbor is waking up from its winter sleep. In this resort town , if you pass another car on the road in the winter, the chances are it’s another Realtor! There are not many people here in the winter. So , it is always fun to see the town come back to life in spring. And with Easter coming so early this year, it brings families down sooner. All weekend the town has been packed. Real Estate offices were all busy. Lots of people out looking at property!
Have a Blessed and Happy Easter!
Life Is Good!

http://Nancy@NancyMAlexander.com
http://StoneHarborRealtor.com
800.708.5792
CONTENTS COPYRIGHT NANCY M. ALEXANDER 2008

Staging Your Home For Sale Checklist

Just recently I heard a great line on one of those Real Estate TV shows .The Realtor said to the seller that “not staging your home for sale is like going to a job interview in your pajamas.” Isn’t that great? I love that line! And besides being funny, it is also very true. You only have one chance to make a good First Impression.

Remove all clutter from the house.
Are countertops free and clear?
Have you removed unnecessary furniture throughout the house?
Remove the art gallery and coupon collection from the refrigerator.

Check the bathrooms.
Are the surfaces clean and clear?
Are shower curtains and doors hung properly?
Is the flooring clean and fresh?
Are towels neatly hung?

Check the walls.
Is paint and wallpaper fresh and clean?
Are the walls free from holes?
Are there any colors or objects on the walls that need to be removed?

Check the floors.
Is the carpet clean and free from stains?
Are hard surface floors clean and free from stains?

Check windows and window coverings.
Are all your windows clean?
Are draperies and blinds clean?

Pet check.
Are there any signs that this is a pet's home? Be sure to clean and remove kitty litter, pet toys and bedding.

How's the aroma?
Try to air out the home prior to showings.
If air freshener is necessary, use well before showings as a consideration to those with allergies.

To Set the mood prior to showings.
Open all the draperies and blinds.
Turn on the radio to a nice classical music station and keep the volume low.
If you have time, bake a batch of cookies .Everyone loves the smell of fresh baked cookies!

http://Nancy@NancyMAlexander.com
http://NancyMAlexander.com
CONTENTS COPYRIGHT NANCY M. ALEXANDER 2008