SOLD! Happy Buyers! Happy Sellers! Happy Realtors!

Buying or Selling a home in Stone Harbor or Avalon NJ, 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 or Call me!
I'm just a phone call away. I love to talk Real Estate!

140 108th Street Stone Harbor Summer Cottage Half Block to Great Beach With Pool - Stone Harbor, NJ 08247

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor Statistics Showing Homes For Sale,Under Contract and SOLD as of May 19,2011

Stone Harbor Single Family Home Statistics March 20 to May 19, 2011.



How's The market?



Buyer confidence is back in the market with lots of recent sale activity.



There are now 137 single family homes for sale in Stone Harbor as of May 20,2011.

Low list price: $ 475,000


High list price: $ 6,950,000


Average list price: $2,148,223


Average days on Market: 298 days

http://CapeMay.fnismls.com/publink/default.aspx?GUID=75bff9cf-3364-42fc-b84c-e2ca13c5f662&Report=Yes


There are 8 Single Family Homes homes currently under contract in Stone Harbor, priced between $649,000 and $5,900,000

http://CapeMay.fnismls.com/publink/default.aspx?GUID=d68feec2-05f9-4ee0-8bee-4759da5f24fd&Report=Yes



10 Single family Homes Sold and Settled in Stone Harbor since March 19, 2011.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=2b6d410b-168a-4b6c-818b-b663951458bb&Report=Yes


Stone Harbor Condo/Townhouse. There are now 74 condos on the market in Stone Harbor.


Low list price: $260,000


High list price: $1,750,000


Average list price: $ 654,786


Average days on market =264

http://CapeMay.fnismls.com/publink/default.aspx?GUID=a1ef9c80-c473-4fe0-93f5-cd73faaf39ce&Report=Yes



Stone Harbor Condo/townhouse. 2 condos are now Under Contract as of May 19, 2011

http://CapeMay.fnismls.com/publink/default.aspx?GUID=8345e11e-1bd2-4cc1-9a61-c4db9f7f85c1&Report=Yes


3 Condo/Townhomes SOLD in Stone Harbor since March 20,2011.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=3fa14623-1efb-4dcd-aada-2a3b476bef98&Report=Y


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

Stone Harbor Sales of Single Family homes Statistics November 2 to December 2, 2010.

Sure it is a buyer's market, but he truth of the matter is that most sellers finally understand they need to price their property properly right out of the gate. A buyer  needs to understand most of the money he expects to shave of a list price has already been factored into the asking price by the time a listing is brought to market.




Properly priced properties will sell without a lot of negotiations. Of course there will still be some that require substantial negotiation, and plenty of others that simply fail to sell.


Buyers need to be prepared for the competition that you did not think existed for properties in this “buyer’s market.”   

 Trying to cobble a percentage off the list price in circumstances in which others are interested in the same property will only lead to frustration. Whatever you do, don’t get too greedy.
It is very clear that the buyers we have are skimming the absolute cream off the top and leaving the rest.They even fight over the good stuff, creating an illusion of urgency in some cases.


Do whatever it takes to lock up the lowest pricing we have seen in 7 or 8 years. With interest rates continuing to hover around 5%, you are already well ahead of the game.




Slowly the market is hitting bottom. 2011 may mark the end of the worst market conditions we've seen in a decade. There is lots of showing activity, and offers are being made. And properties are selling.

So why the sales activity? The stock market is up 10% in a short time. This helps.


And if your retirement funds are in positive territory again and you’ve still got a job, you're are going to feel good about a host of financial decisions, including buying a summer home.


Remember, with 322 single family listings now for sale in Stone Harbor and Avalon and 182 condos for sale, it is still a buyer’s market!



Here is your Update of Stone Harbor Real Estate Activity November 2 to December 2, 2010 by Nancy Alexander




Stone Harbor Sales of Single Family homes Statistics November 2 to December 2, 2010.


There are now 123 single family homes for sale in Stone Harbor as of 12/2//2010.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=207dd047-14ed-4025-ba89-6d3630212923&Report=Yes



Stone Harbor Single Family Homes UNDER CONTRACT. Five Homes areUnder Contract as of December 2, 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=93b58903-3f15-4ebe-add5-176befb229bc&Report=Yes


Four Single Family Homes Have Sold and Settled in Stone Harbor since November 2, 2010

 http://CapeMay.fnismls.com/publink/default.aspx?GUID=81a17876-7b94-4df9-b1e6-880015a226a0&Report=Yes

37 single family homes have SOLD in Stone Harbor since January 1, 2010. Average SOLD price is $1,753,324 and average days on market = 206

In 2009 exact same number of single family homes (37) were SOLD in same time period January 1 to December 2. Average SOLD price last year for Stone Harbor single family home was $1,602,202 and average days on market last year was 216 days.



Stone Harbor Condo/Townhouse.There are now 68 condos on the market in Stone Harbor . Average days on market =289 and average list price is $667,699


http://CapeMay.fnismls.com/publink/default.aspx?GUID=d3d7ec47-9b39-4fa5-ae1f-3b650d6f9546&Report=Yes



Three condos are now Under Contract in Stone Harbor.


http://CapeMay.fnismls.com/publink/default.aspx?GUID=c0b06f2b-9ecc-4afe-b4d4-36792614094a&Report=Yes

Three Stone Harbor Condos have SOLD and settled since November 2, 2010


http://CapeMay.fnismls.com/publink/default.aspx?GUID=ad28d293-aef9-49de-9a21-fb296e2661a9&Report=Yes

Ten condos have SOLD in Stone Harbor sice 1/1/2010 to December 2, 2010.Average SOLD price is $581,050 and average days on market =197
By Contrast, last year 20 condos SOLD in same time period. Average SOLD price of Stone Harbor condo in 2009 was $560,168 and average days on market was 302.


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.
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

Here is an Update of Stone Harbor Real Estate Activity September 12 to October 2, 2010 by Nancy Alexander

Stone Harbor Sales of Single Family homes Statistics September 12 to October 2, 2010.


There are now 125 single family homes for sale in Stone Harbor as of 10/2//2010.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=de52df5a-2808-43b4-afa3-5975468d17a7&Report=Yes



Stone Harbor Single Family Homes UNDER CONTRACT. Eleven Homes areUnder Contract as of October 2, 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=053c1eae-f180-468b-ad4a-a6d5ab31a994&Report=Yes



Three Single Family Homes Have Sold and Settled in Stone Harbor since September 12 , 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=a05dc658-ddd9-4713-821e-b1ac700e511e&Report=Yes


18 single family homes have SOLD in Stone Harbor since January 1, 2010. Average SOLD price is $1,513,833 and average days on market = 187




Stone Harbor Condo/Townhouse.There are now 84 condos on the market in Stone Harbor .Average days on market =246

http://CapeMay.fnismls.com/publink/default.aspx?GUID=21146a57-fabe-43d3-915d-fb2c02640e0a&Report=Yes



One condo is now Under Contract in Stone Harbor.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=a0560a13-0dce-4ab6-963f-2a4c2f2a156f&Report=Yes

One Condo SOLD in Stone Harbor since September 12, 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=00efc4df-4c88-438d-af67-e02ed3649bb0&Report=Yes


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.

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



Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com//// . I'd love to be your Realtor!


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor Sales of Single Family homes Data August 23 to September 12, 2010.

Here is an Update of Stone Harbor Real Estate Activity August 23 to September 12 , 2010 by Nancy Alexander



Stone Harbor Sales of Single Family homes Data August 23 to September 12, 2010.



There are now 129 single family homes for sale in Stone Harbor as of 9/12/2010.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=7bc2b687-56f1-4bd6-9d16-421b31ceed26&Report=Yes



Stone Harbor Single Family Homes UNDER CONTRACT. Thirteen Homes went Under Contract in the period of August 23to September 12, 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=264b4700-3a46-48fe-b1dc-d338c00cd629&Report=Yes



Three Single Family Homes Have Sold and Settled in Stone Harbor since August 23, 2010

http://CapeMay.fnismls.com/publink/default.aspx?GUID=942c19aa-a239-4c49-841b-5962a2f98976&Report=Yes



Stone Harbor Condo/Townhouse.There are now 81 condos on the market in Stone Harbor .Average days on market =246

http://CapeMay.fnismls.com/publink/default.aspx?GUID=9fb8b0e3-ef3f-4310-aa32-2c32c22e12b8&Report=Yes



Just Two condos are now Under Contract in Stone Harbor.

http://CapeMay.fnismls.com/publink/default.aspx?GUID=8517d229-28ef-49d5-ae88-122cdae59834&Report=Yes



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.
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


Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com/// . I'd love to be your Realtor!

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor Sales of Single Family homes Data August 6 to August 23, 2010.

Here is an Update of Stone Harbor Real Estate Activity August 6 to August 23 , 2010 by Nancy Alexander

Stone Harbor Sales of Single Family homes Data  August 6 to August 23, 2010.

There are now 130 single family homes for sale in Stone Harbor as of 8/23/2010.
 http://capemay.fnismls.com/publink/default.aspx?GUID=0f45c5d1-233b-4e57-b3e3-597ab5947ed1&Report=Yes


Stone Harbor Single Family Homes UNDER CONTRACT. Thirteen Homes went Under Contract  in the period of August 6 to August 23rd, 2010
http://capemay.fnismls.com/publink/default.aspx?GUID=f1abd89e-22b2-4d8b-b18d-22a0b15de31b&Report=Yes


Two Single Family Homes Have Sold and Settled in Stone Harbor since August 6 ,2010


Stone Harbor Condo/Townhouse.There are now 81 condos on the market in Stone Harbor .Average days on market =246

http://capemay.fnismls.com/publink/default.aspx?GUID=5b9739e7-8645-4666-b450-22241e8e9f06&Report=Yes

 Just Two condos are now Under Contract in Stone Harbor.
http://capemay.fnismls.com/publink/default.aspx?GUID=e35729b5-f5c3-44c3-8130-78637c6b109c&Report=Yes


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.

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

Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com// . I'd love to be your Realtor!

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Spectacular Star Spangled Banner Sung By 7 Yr Old Most Incredible Singer!

Spectacular Star Spangled Banner Sung By 7 yr old most incredible singer!
http://bit.ly/aVS63K
Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor and Avalon Luxury Market Improving!

Luxury Home Market Improving After a tough 2009, the luxury home market is on the upswing in  Stone Harbor and Avalon. during  the period of January 1 to July 1 2009 
.
This is data Sales of single family homes.  



In Avalon in 2009 from January 1 to July 1,  (21 homes were SOLD) totaling  $34,747,500.


And in Avalon in 2010 from January 1 to July 1 ,34 homes SOLD totaling is $54,764,666   


And In Stone Harbor in 2009, 14 single family homes were SOLD in the period January 1 to July 1 totaling $24,458,500.
In Stone Harbor in 2010, from January 1 to July 1, 17 homes have been SOLD  totaling $28,131,500.


These increased sales appear to be driven by realistic seller pricing, increased buyer confidence, and improved financing options.




Here are the 21 single family homes SOLD  and now under contract in Stone Harbor since 2/1/2010 list price at top & Sold price bottom left


http://capemay.fnismls.com/publink/default.aspx?GUID=f6967837-0004-4ed8-af25-214f6c973200&Report=Yes


Avalon Condo Townhouse Market
2009  -January 1 to July 1. 29 condos SOLD total = $15,554,453
2010 -January 1 to July 1 .27 condos SOLD total = $18,376,500


Stone Harbor Condo Market
2009- January 1 to July 1. 11 condos SOLD- total=$6,167,370
2010- January 1 to July 1-6 condos SOLD -total=$3,494,500



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.


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


Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com// . I'd love to be your Realtor


Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Stone Harbor Real Estate Sales Statistics Single Family and Condos Under Contract and SOLD   May 31 to June 16,2010


There are currently 124 single family homes for sale in Stone Harbor ranging in price from $479,900 for a one bedroom home at 7 Weber Court to $6,500,000 for a new beach front home at #1 105th street.

Average list price is $1,653,379 and average time on market is 312 days.


There are four single family homes currently Under Contract in Stone Harbor

 1- 381  95th street,a 3 bedroom 2 bath home on a 60x110 lot and listed at $799,000,goes to settlement 6/30/2010

2- 279 86th street,a 3 bedroom,one bath home on a 50x110 lot and listed at $998,500,goes to settlement 9/7/2010

3- 382 94th street ,a 4 bedroom,3 bath home on a 46.5x110 lot,listed at $1,199,000 goes to settlement 9/11/2010


4-153 102nd street, a 5 bedroom,4 bath home on a 55x110 lot goes to settlement 7/15/2010


Two Stone Harbor Single Family homes SOLD since May 31,2010


1- 224 91st street,a 5 bedroom,3 bath home on a 55x110 lot, listed at $1,495,000, went to settlement 6/10/2010. SOLD for $1,275,000

2-10729 Corinthian place,a 5 bedroom,1 bath bay front home listed at $1,690,000, went to settlement 6/12/2010.SOLD for $1,525,000



Stone Harbor Condo/Townhouses Now For Sale


There are now 72 condos for sale in Stone Harbor ranging in price from $309,000 for a 1 bedroom,1 bath unit at 9511 Sunset Drive to $1,095,000 for 3 bedroom, 2.5 bath unit at 9508 Sunset Drive.



The average list price is $655,173 and average days on market is 242 days

There is one Stone Harbor condo now Under Contract

1-205 94th street,west unit,a 4 bedroom,3 bath unit listed for $895,000,goes to settlement 9/22/2010


One condo in Stone Harbor SOLD since May 31, 2010

 1-366 93rd street, a 4 bedroom,3 bath unit listed at $950,000, went to settlement 6/5/2010.Sold for $915,000



The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)


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.

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

Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com// . I'd love to be your Realtor

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Real Estate Deal-Breakers That Shouldn't Be

Real Estate Deal-Breakers That Shouldn't Be


Purchasing a new home can be a very stressful experience. Most people are making the largest single purchase of a lifetime when selecting a primary residence. In addition to the monetary implications of such a large purchase, the actual process of buying a home contributes significantly to this stressful event of purchasing a home. Especially in today's markets, buyers must be well informed and have a good understanding of a property's underlying value before making the purchase decision. Prospective buyers saw real estate values plummet across the country during the mortgage meltdown

Even in a difficult market, once buyers are able to select a residence that meets their personal criteria, it is important for them to remain diligent until the property closes. Buyers should not let the home of their dreams escape them over minor differences during the buying and negotiating processes. Let's examine some of these minor roadblocks and maybe you will be able to overcome, or at least recognize, them when you decide to purchase your dream home.

Aesthetics

Prospective buyers should not let minor aesthetic differences hinder their big picture view of their dream house. If appliances or the decorative theme are not up to your expectations, keep in mind that most of these things can be easily modified over time.

Perhaps more important when viewing the interior of the home is to check for overall structural soundness and try to focus on potential rather than current appearance. So, how do you do this? A good strategy is to secure a licensed home inspector prior to closing on your deal. The inspector will provide a detailed analysis and cost breakdown on actual required repairs. Depending upon which state you reside in, the home inspection can be part of the actual contract. The home inspector will assess every aspect of the home's interior and exterior. The inspection findings may be legally used as leverage in the home buying process:

If the cost of repairs exceeds a preset dollar amount, the contract can be revoked if that is explicitly stated in your contract. For example, if the home inspection requires $8,000 worth of repairs for "structural soundness," but your contract states that you will not purchase the home unless repairs are below $1,000 then you have legal recourse for getting out of the deal. Typically, you are responsible for the non-refundable cost of the inspection, but most people are willing to incur that cost in order to save thousands of dollars down the road. The idea here is to focus more on the integrity of the home itself as a first step rather than your distaste for the current interior design or décor.



Sweat Equity

Buyers should not get discouraged when their potential dream homes require some old-fashioned manual labor to get it up to their standards. Real estate professionals refer to this as sweat equity. ." Sweat equity” is a time investment by the potential buyer to clean, redo and repair the potential property once the purchase is complete. Rarely are homes purchased that require no effort on your part. New construction is perhaps an exception, but a poor real-estate market can be littered with short sales and foreclosures - many of which are neglected, vacant properties. Also, many purchases are older properties with excellent construction characteristics but needing some "elbow grease."
by Stephan Abraham
 
Forbes


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.


e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521

Please visit The Address For Luxury Real Estate at http://http://http://www.nancymalexander.com/// . I'd love to be your Realtor


View Stone Harbor Market Video http://realtytimes.com/REUv/NancyAlexander

Nancy's Newsletter http://realtytimes.com/130/NancyAlexander




Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate

The Real Story on New Jersey Real Estate from NJAR & NAR

About the NJ Market
The first-time home buyer tax credit has been extended from its original November 30, 2009


deadline, and it now provides an incredible incentive for existing owners too.

New and repeat buyers can take advantage, as long as they act before April 30, 2010.

Some more details:

• “First-time home buyers” are defined as buyers who have not owned a principal residence

during the three-year period prior to the purchase. So if you’ve owned before, but don’t now,

you could still be eligible for up to $8,000.

• Existing homeowners who have owned their home for five consecutive years out of the last

eight are eligible for a tax credit of up to $6,500 ($3,200 for those who are filing separately).

• The income limits to qualify for the full credit are $125,000 for a single person and $225,000

for a married couple. Individuals earning up to $145,000 and married couples earning up to

$245,000 are eligible for partial credit.

• In order to qualify, you must have a written, binding contract in place before April 30, 2010,

and close the transaction before June 30, 2010. There is a maximum sale price of $800,000.

• Claiming your credit is easy, but you will need to include documentation of the purchase with

your tax return and the form for claiming the credit.

Let a REALTOR® shed light on today’s housing market and the

extended and expanded home buyer tax credit.

Have a look at  tax credit FAQ flyer, which will clear up any confusion regarding the new tax credit program and the New Jersey Housing and Mortgage Finance Agency’s Pre-fund Loan Program by answering some of prospective buyers’ most frequently asked questions. These helpful materials

The local real estate markets in the Garden State have opportunities for both buyers and sellers. Knowing all the facts about local real estate conditions and about New Jersey’s advantages is crucial to making the most of these opportunities.



Get the Facts

Find out more about the real estate market in New Jersey. Educate yourself and make an informed decision. You might be surprised to see why now is a great time to get into the market in New Jersey.
New Jersey’s Homegrown Advantages

With unique and attractive neighborhoods, great schools, and other benefits, New Jersey is a great fit for the three rules of real estate – location, location, location. See what makes the Garden State such a great place to live and check out our interactive map to see specific county information and local real stories.



Local Conditions

The market varies throughout the Garden State. Find out more about local markets with recent metro area reports from the NATIONAL ASSOCIATION OF REALTORS




Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate

Stone Harbor Real Estate Sales December 5th to December 21, 2009

Stone Harbor Real Estate Activity Update for December 5th to December 21, 2009




There are currently 103 single family homes for sale in Stone Harbor, ranging in price from $399,000 for a two bedroom home on Weber Court to $6,500,000 for a new beach front home at #1 105th street.



Average list price is $2,140,444 and average time on market is 363 days.



There are five single family homes currently Under Contract in Stone Harbor.


1- 10408 Third Avenue, a 4 bedroom, 3 bath home on a 50x100 lot and listed at $ $1,595,000, goes to settlement on 1/8/2010


2-122 104th street, a 4 bedroom,4 bath home on a 50x110 lot listed for $1,599,000,goes to settlement 2/19/2010

3-127 84th street, a 5 bedroom,3 bath home on a 50x110 lot and listed for $2,000,000, goes to settlement 12/22/2009

4-144 108th street ,a 4 bedroom, 3 bath home on a 50x100 lot and listed at $2,290,000,goes to settlement 1/22/2010

5- 4 102nd street, a 5 bdroom,2 bath beach block home on a 50x110 lot and listed for $2,649,000,goes to settlement 1/8/2010

Two Stone Harbor Single Family Homes SOLD since December 5,2009


1--180 114th street, a 4 bedroom, 3 bath beach block home on a 60x110 lot, listed for $1,700,000,went to settlement 12/111/2009 and SOLD for $1,400,000
2- 210 118th street, a 5 bedroom, 5 bath home on a 60x110 lot and listed at $2,495,000 and went to settlement 12/11/2009 and SOLD for $2,200,000




Stone Harbor Condo/Townhouses Now For Sale



There are now 54 condos for sale in Stone Harbor ranging in price from $229,000 for 1 bedroom at 8305 Third Avenue to $1,299,000 for 13 93rd street
The average list price is $682,431 and average days on market is 312 days

There are now five condos Under Contract in Stone Harbor



1-162 96th street, a 1 bedroom, unit listed for $175,000 and goes to settlement 12/30/2009
2-10120 Third Avenue, listed at $194,500, goes to settlement 11/18/2009


3-235 99th street, a 1 bedroom,1 bath unit, listed for $319,000 goes to settlement 12/29/2009

4-351 96th street, a 2 bedroom,1 bath unit listed for $385,000 ,goes to settlement on 12/2009


5--259 104th street, a 3 bedroom,1.5 bath unit listed for $579,000,goes to settlement 12/30/2009



The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)


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.
e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521

Please visit The Address For Luxury Real Estate at http://www.nancymalexander.com/ . I'd love to be your Realtor

View Stone Harbor Market Video http://realtytimes.com/REUv/NancyAlexander


Nancy's Newsletter http://realtytimes.com/130/NancyAlexander


Nancy M. Alexander
Stone Harbor and Avalon NJ Real Estate

Bring the Dog to Stone Harbor 'Sandy Paws' 5K Run, Pooch Walk

STONE HARBOR - The Stone Harbor Fire Department will have the second annual Sandy Paws 5K and 1 mile Pooch Walk on Nov. 28.
The event starts at 9:00 am at the Stone Harbor Firehouse at 96th and Second Avenue.
The 5K race is for runners and walkers only. The 1 mile Pooch Walk is for dogs and walkers and will be on the beach.
Trophies will be awarded for the 1st, 2nd, and 3rd place male and female finishers overall and for the 1st place finisher and for the 1st place winner in each age group and the 1st place finisher male and female in the category Fire/EMS/Police.
Awards will be given to the 1st, 2nd, and 3rd place “Best Dressed” Pooch.
The event benefits the Stone Harbor Fire Department and the Animal Alliance of Cape May County.
Go the www.stoneharborfire.com to register for the race. Post race refreshments will be provided.
Get your exercise in the morning and then start your Christmas shopping by visiting the wonderful shops in the Stone Harbor Business District.



Nancy M. Alexander

Stone Harbor and Avalon NJ Real Estate

Stone Harbor Sells Beach Tag Gifts

Forget the sugarplums. Today’s kids and teens have visions of surfboards, sandcastles and suntans dancing in their heads. Luckily, the Borough of Stone Harbor has made it a breeze to give the gift of summer on the beach to your loved ones this holiday season, thanks to special holiday themed beach tags.

Each holiday beach tag is presented in a festive foil box trimmed in a ribbon of red or green. They make ideal stocking stuffers and a great reminder of days spent on Stone Harbor’s award-winning beaches. Best of all, as the weather warms up, your holiday gift tag is exchangeable for an official 2010 season beach tag, available beginning in April.

What other gift will can give the recipient countless hours of fun in the surf and sun next year? Stone Harbor’s holiday themed beach tags are just $19 each which includes the gift box. An additional $2 gift wrapping fee benefits the Jersey Cape Diagnostic Training and Opportunity Center, which employs individuals with disabilities in Cape May Court House.

The holiday beach tags are available for purchase daily from 8:30 a.m. to 4 p.m. at the Borough Hall located at 9508 Second Avenue. They will also be sold at the Stone Harbor Chamber of Commerce office and various businesses during the holiday festivities on Thanksgiving weekend.

Solve your holiday shopping dilemma and give a gift of summer fun on the beach at Stone Harbor
By Herald Staff

Assessing Damage After Tropical Storm Ida

NJ OFFICE OF EMERGENCY MANAGEMENT RELEASE:LOCAL, STATE, AND FEDERAL TEAMS CONTINUE TO ASSESS IDA DAMAGE Teams perform Preliminary Damage Assessments (PDAs) on the effects of Tropical Storm Ida in New Jersey. In Cape May county designated as part of a State of Emergency by New Jersey Governor Jon S. Corzine last week.Director of the New Jersey Office of Emergency Management,and FEMA urged residents to following specific procedures. “The first thing residents should do is contact their insurance agents, carefully document damages, and coordinate with their county and local emergency management office so that officials are aware of damages,” .No decision will be made on FEMA assistance until all information is analyzed and forwarded to Governor Corzine with recommendations. PDAs are not expected to be complete before next week. Most beaches in New Jersey are the responsibility of the state through the Department of Environmental Protection and the Army Corps of Engineers. Questions on beach replenishment should be addressed to the NJ DEP or the Corps of Engineers at 917-790-8007.

Stone Harbor Real Estate Activity Update for September 1 to September 22 , 2009.

Stone Harbor Real Estate Activity Update for September 1 to September 22, 2009


There are currently 117 single family homes for sale in Stone Harbor, ranging in price from $459,000 for a two bedroom home on Weber Court to $6,500,000 for a new beach front home at #1 105th street.


Average list price is $2,235,503 and average time on market is 332 days.

There are ten single family homes currently Under Contract in Stone Harbor.
1-261 84th street, 3 bedroom,2 bath home on a 50x55 lot and listed at $725,000,goes to settlement 10/5/2009


2-11021 Second Avenue, 3 bedroom,1 bath , on 55x41 lot and listed at $789,000,goes to settlement on 11/30/2009


3-222 91st street, a 3 bedroom.2 bath home on a 50x110 lot, listed at $997,000, goes to settlement on 10/1/2009


4-280 109th street, a 4 bedroom,4 bath home on a 80x55 lot , and listed at $1,495,000,goes to settlement on 9/18/2009


5-305 84th street, a 4 bedroom, 2 bath home on a 55x90 lot, listed for 1,595,000,
goes to settlement on 9/26/2009


6-134 110th street, a 6 bedroom,4 bath home on a 66x100 lot, listed for $1,849,000


7- 9901 First Avenue, a 4 bedroom,4 bath home on a 60x110 lot and listed at $2,389,000, goes to settlement on 10/10/2009


8-10514 Second Avenue, a 5 bedroom,4 bath home on a 50.4x110 lot, and listed for $2,675,000, goes to settlement on 9/25/2009


9-134 87th street, a 5 bedroom,5 bath home on a 50x110 lot, and listed for $2,825,000


10-129 109th street, 5 bedroom,5 bath home on a 66x100 lot and listed for $3,195,000, goes to settlement on 10/2/2009


One single family home SOLD in Stone Harbor since September 1,2009

1- 236 95th street, a 5 bedroom,4 bath home on a 62.5x110 lot which was listed at $1,395,000 SOLD for $1,200,000 on 9/2/2009



Stone Harbor Condo/Townhouse Now For Sale

There are now 55 condos for sale in Stone Harbor ranging in price from $229,900 to $1,299,000 for 13 93rd street

There are now three condos Under Contract in Stone Harbor
1-10120 Third Avenue, listed at $194,500, goes to settlement 10/13/2009

2-9501 Sunset,2 bedroom,2 bath unit listed at $369,899

3-208 99th street, a 2 bedroom 1.5 bath unit listed at $595,000,goes to settlement 10/17/2009



The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)

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.
to talk Real Estate! Call my cell 609.425.7521


e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521
Please visit The Address For Luxury Real Estate at www.NancyMAlexander.com . I'd love to be your Realtor
View Stone Harbor Market Video http://realtytimes.com/REUv/NancyAlexander

Nancy's Newsletter http://realtytimes.com/130/NancyAlexander

Stone Harbor Real Estate Activity Update for August 14 to September 1, 2009.

Stone Harbor Real Estate Activity Update for August 14 to September 1,2009



There are currently 112 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $6,500,000 for a new beach front home at #1 105th street .


Average list price is $2,220,968 and average time on market is 343 days.

There are six single family homes currently Under Contract in Stone Harbor.

•1- 11021 Second Avenue, a 3 bedroom,1 bath home on a 55x41 lot and listed at $789,000,has been on market 709 days and goes to settlement 11/30/2009



•2- 236 95th street, a 5 bedroom,4 bath home on a 62.5x110 lot which was listed at $1,395,000 ,goes to settlement on 9/2/2009



•3- 280 109th street, a 4 bedroom,4 bath home on a 80x55 lot listed for $1,4495,000 and on market for just 61 days, goes to settlement on 9/18/2009



•4- 134 110th street, a 6 bedroom,4 bath home on a 66x100 lot and listed at $1,849,000, is under contract after just 87 days on the market



•5- 10514 Second Avenue, a 5 bedroom,4 bath home on a 50.4x110 lot and listed at $2,675,000 goes to settlement 9/25/2009



•6- 134 87th street, a 5 bedroom,5 bath home on a 50x110 lot and listed for $2,825,000,goes to settlement 9/12/2009 after 259 days on the market



One single family home SOLD in Stone Harbor since August 14

306 94th street, a 5 bedroom,4 bath home on a 70x110 lot and listed at $1,795,000,SOLD 8/28/2009 for $1,650,000 after 357 days on the market


The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)

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.
to talk Real Estate! Call my cell 609.425.7521


e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521
Please visit The Address For Luxury Real Estate at www.NancyMAlexander.com . I'd love to be your Realtor
View Stone Harbor Market Video http://realtytimes.com/REUv/NancyAlexander

Nancy's Newsletter http://realtytimes.com/130/NancyAlexander

With Affordability Up, Home Buyers are Starting to Return

Thanks to record low mortgage rates and declining home prices, 55 million families – or half of all U.S. households -- can afford today’s $200,000 median-priced new home, according to figures released by the National Association of Home Builders (NAHB).

"That’s an increase of 17 million households from conditions just two years ago and the best housing affordability number we have seen in years," said NAHB Chairman Joe Robson, a home builder from Tulsa, Okla. "We are now seeing the first signs that buyers are returning to the marketplace."

Based on data from the U.S. Census Bureau comparing home prices, mortgage rates and minimum income needed to purchase a median-priced home in February 2007 and February 2009, a typical family today can purchase a house with $20,000 less in household income and save nearly $500 per month on their principal, interest, taxes and insurance. The number of households that can afford to purchase a home today is 55.4 million, compared with 38.4 million two years ago, according to figures compiled by NAHB.

"With affordability up dramatically, reports from our builders in the field indicate that foot traffic in new homes is on the rise and consumer interest is increasing with each passing day. These are encouraging signs that the housing market may be finally reaching a bottom," said Robson.

Entering the crucial spring home buying season, there are other signs that buyers are starting to return to the market.

Single-family permits were up 11 percent in February, new and existing home sales also posted gains and the huge inventory backlog is being slowly whittled down. In a survey for Century 21 Real Estate last month among prospective first-time home buyers who indicated they were likely to purchase a home in the next two years, a majority – 78 percent – said that now is a good time to buy a home. Of those responding to the online poll, 68 percent said that now is a better time to buy than six months ago.

Another sign that consumers are considering jumping back into the housing market is the growing interest in the $8,000 first-time home buyer tax credit included in the recently enacted economic stimulus package. During February and March, 1.5 million visitors logged on to NAHB’s consumer Web site, federalhousingtaxcredit.com, to learn more about the tax credit. Further, a new survey commissioned by Move, Inc. found that nearly 20 percent of those who plan to purchase a home this year are doing so to take advantage of the tax credit, which expires at the end of November.

"With home values in many markets at the lowest level since 2003, an $8,000 tax credit available to first-time home buyers, fixed-rate mortgages under 5 percent, and an outstanding selection of homes to choose from, buyers are starting to recognize that this has the makings for a one-time opportunity to break into the market," said Robson.

Housing is a critical component of the U.S. economy, accounting for about 15 cents of every dollar spent in this country, so any upturn in the housing market should be viewed as good news for the overall economy, said Robson.

Construction of an additional 500,000 single-family homes – the difference between today’s anemic construction rate and one that would move closer to meeting the underlying demand for housing – would generate 734,000 jobs and $35 billion in wages in the construction industry and another 790,000 jobs and $37.7 billion wages in manufacturing, trade, and service sector jobs, he noted.

Additionally, another half-million housing starts would bolster the tax base for government, generating $45 billion in federal, state and local tax revenues. And the benefits go well beyond the completion of each home. Within the first year after buying a home, those half million households will spend about $2.5 billion more on appliances, furnishings and property alterations.

"Clearly, housing will be central to any economic recovery we experience in the months ahead," said Robson.


Written by Realty Times Staff
For more great Real Estate articles fom My Monthly Newsletter, Click here http://realtytimes.com/126/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.

e~mail me at Nancy@NancyMAlexander.com or Call me! I love to talk Real Estate! Call my cell 609.425.7521

Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor

Update of Stone Harbor Real Estate Activity for April 20th to April 29th, 2009

Understanding the general direction of the current market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Stone Harbor or Avalon
Stone Harbor Real Estate Market Activity Report for April 20th to April 29th,2009.


There are currently 118 single family homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.

Seeing more evidence of Stone Harbor Consumer Confidence . More homes Under Contract recently than we have seen in a while.

There are seven single family homes currently Under Contract.
356 89th street, a 3 bedroom, 1 bath home listed for $990,000, went Under Contract on 10/9/2008 and goes to settlement 3/28/2009.This has been on market 434 days.

222 108th street listed at $998,000 goes to settlement 6/1/2009
100 108th street listed at $1,750,000 goes to settlement 6/8/2009
8626 First Avenue listed at $5,195,000 goes to settlement 5/15/2009
8726 Sunset Drive listed at $1,099,000 goes to settlement 6/1/2009
9911 Sunrise Drive listed at $2,495,000 goes to settlement 4/30/2009
8501 Pennsylvania Avenue listed at $3,695,000 goes to settlement 5/4/2009.
This is a Custom new 4 bedroom,3 bath home on a 55x110 lot and on market just 17 days .

8626 First Avenue, a 5 bedroom,3 bath Victorian home on a 110x110' beach block lot with pool is listed for $5,195,000 went Under Contract 2/27 and goes to settlement 5/15/2009. This has been on the market 281 days.

9911 Sunrise Drive is a 4 bedroom, 2 bath bay front home on a 95.9x110 lot listed for $2,495,000 .It has been on market 120 days and goes to settlement 4/30/2009

8726 Sunset Drive is a 4 bedroom,2 bath home on a 35x80 lot listed for $1,099,000 and goes to settlement 6/1/2009. It has been on market 239 days.


Stone Harbor NJ Condo Sale Activity April 20th to April 29th 2009


There are currently 65 Stone Harbor condos currently for sale ranging in price from $174,900 for an efficiency unit at 10120 Third Avenue up to $1,725,000 for a 5 bedroom, 3.5 bath townhome with pool at 261 89th street.

Average asking price is $722,048
Average Days on the market - 283 days

Three Condos are now Under Contract in Stone Harbor

A beach front condo 9600 First Avenue Unit #1 is now Under Contract after only 81 days on market. Listed for $845,000, and goes to settlement on May 15th .

A Carnival Bay unit at 10808 Sunset is Under Contract after 300 days on the market. Listed for $725,000,This goes to settlement May 9,2009

420 99th street,a 3 bedroom,1 bath unit which was listed at $445,000 went under Contract after only 33 days on the market. It goes to settlement 5/28/2009.


The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)

Interest rates continue to be in the 5% range for conforming loans. 6% for loans over $417,000 and just like the "old days", lenders want verification of income to qualify for the loan, and good credit.

The overall price increase for properties in Stone Harbor and Avalon from 1998 to 2008 was 180.99%! This reflects an appreciation rate of 18.9% according to The Otteau Report .
With historically low mortgage rates and huge inventory and sellers willing to negotiate, buyers are jumping in realizing it does not get better than this.
If you are interested in purchasing a summer home, take advantage of the current market and send me an e-mail with your wish list. You'll be pleasantly surprised with the options available. There is something here now for everyone.
e~ mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell @ 609.425.7521

Please visit The Address For Luxury Real Estate and see Hundred of Stone Harbor and Avalon Rental & Sale Properties at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
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Stone Harbor Real Estate Market March 29 to April 5th 2009

Understanding the general direction of the current market conditions is of vital importance to both buyers and sellers in order to help you make a more informed decision when buying or selling a home in Stone Harbor or Avalon. Here is a summary of the Stone Harbor Real Estate Market Activity for March 29 to April 5th,2009.

There are currently 118 homes currently for sale in Stone Harbor ranging in price from $475,000 for a two bedroom home on Weber Court to $5,990,000 for a beach front home on 97th street.

There are six single family homes currently Under Contract.

356 89th street, a 3 bedroom, 1 bath home listed for $990,000, went Under Contract on 10/9/2008 and goes to settlement 3/28/2009.This has been on market 434 days.

165 93rd street, a 3 bedroom,2 bath home on a 50x110 lot , listed for $1,395,000 went Under Contract on 3/1/2009 goes to settlement 4/20/2009. This has been on market 206 days

43 Weber Court, listed at $559,000 goes to settlement 4/15/2009

222 108th street listed at $998,000 goes to settlement 6/1/2009

100 108th street listed at $1,750,000 goes to settlement 6/8/2009

8626 First Avenue listed at $5,195,000 goes to settlement 5/15/2009

8626 First Avenue, a 5 bedroom,3 bath Victorian home on a 110x110' beach block lot with pool is listed for $5,195,000 went Under Contract 2/27 and goes to settlement 5/15/2009. This has been on the market 281 days.

43 Weber Court, a two bedroom, one bath cottage listed for $559,000 went Under Contract same day it hit the market. it goes to settlement 3/31/2009

Stone Harbor NJ Condos – March 10 to March 29th 2009. Market Recap:

There are currently 64 Stone Harbor condos currently for sale ranging in price from $174,900 for an efficiency unit at 10120 Third Avenue up to $1,725,000 for a 5 bedroom,3.5 bath townhome with pool at 261 89th street.

Average asking price is $729,936
Average Days on the market - 277 days
A beach front condo 9600 First Avenue Unit #1 is Under Contract. Listed for $845,000,this goes to settlement on may 15th after 81 days on the market.

One two bedroom, one bath condo at 312 88th street which was listed for $399,000, SOLD 3/27/2009 for $351,120. This was on market for 256 days


The data for this market report is based on statistics provided from the Cape May County MLS (private sales are not included)

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.

e~mail me at Nancy@NancyMAlexander.com, or Call me! I love to talk Real Estate! Call my cell 609.425.7521

Please visit The Address For Luxury Real Estate at http://www.StoneHarborRealtor.com/. I'd love to be your Realtor.
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