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new jersey: The Vacation Home Real Estate Market is back! - 12/23/10 03:02 PM
The Vacation Home Real Estate Market is back! Go ahead and snicker.  This Mountain Man guy (and City Girl) is full of bull, you're thinking.  Not so fast, my friend. Sure, the national unemployment numbers are still tough to swallow.  And yes, we are still seeing more vacant store fronts popping up.  Discretionary spending is off, too, though you have to wonder when you see folks descend on a mall and drop hundreds of dollars on trivial junk for Christmas. But here in Cape May County, New Jersey at the shore, the tide has turned in the real estate market.  Pun intended.  … (0 comments)

new jersey: Our Real Estate Market - New Jersey - 01/30/10 05:31 AM
Our Real Estate Market
January 29th, 2010
We realtors can talk all we want about our local real estate market, but there's nothing like good, hard numbers to bring out the true picture.  So here are the numbers for the Cape May County, New Jersey market since 2005.  These statistics are for properties sold through our local Multiple Listing Service and don't include private sales.  They also don't include Ocean City, which belongs to the Atlantic County Association of Realtors and MLS.
In 2005, there were 3,628 properties sold.  The asking price total was $2.01 billion and they got $1.92 … (1 comments)

new jersey: Internet Gambling in New Jersey - 01/19/10 06:35 PM
Internet Gambling in New Jersey
January 19th, 2010
Internet gambling in the United States is illegal.  It's cut and dried.  But a recent federal appeals court decision just may have given states the option to offer internet gambling within their own borders.  In cash-strapped New Jersey, which is expected to have the seventh largest budget deficit this fiscal year of the 50 states, the notion has appeal.
State Senator Raymond Lesniak recently introduced bill S3167, which would indeed legalize such popular games as poker, baccarat, blackjack, roulette, craps, slot machines, and more.  With New Jersey's distinction of having the toughest … (3 comments)

new jersey: A Common Sense Solution - 01/04/10 11:08 AM
A Common Sense Solution
January 4th, 2010
The little borough of West Cape May, like other towns in New Jersey, has to provide affordable housing thanks to the Mt. Laurel decision back in the late 1970's.  But unlike most municipalities, West Cape May has come up with a novel plan that is offering incentives and fewer building restrictions.
The Council on Affordable Housing (COAH) was created out of that controversial court ruling that mandated a required number of low and moderate income units for each of New Jersey's 566 municipalities.  West Cape May needs to provide just two units by … (1 comments)

new jersey: Atlantic City Gambles on Future - 12/26/09 11:41 AM
Atlantic City Gambles on Future
December 26th, 2009
Since Atlantic City, New Jersey approved legalized gambling back in the late 1970s, the city has always been in the shadow of Las Vegas.  Everything the tarnished city did to revitalize and rebuild and build a world-class casino atmosphere drew comparisons to Vegas.  And frowns.
Meanwhile, the "Little Engine That Could" plodded on, eventually erecting 13 casinos.  The first, Resorts Atlantic City, opened in May, 1978.  A year later Caesars debuted, then in December 1979 Bally's opened.  The Sands, Harrahs and the Hilton each opened in the latter half of 1980 and the Playboy Casino … (4 comments)

 
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Joyce Jewell, GRI, ePRO, ASP, ABR, SFR, RSPS

Wildwood Crest, NJ

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Jewell Real Estate Agency

Address: 5602 New Jersey Avenue, Wildwood Crest, NJ, 08260

Office Phone: (609) 729-8505

Cell Phone: (609) 780-7131

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