ocean county homes for sale: Is it too Easy to get a Mortgage in Ocean County? - 11/25/17 04:46 AM

Bubble Alert! Is it Getting Too Easy to Get a Mortgage? That's a resounding "No!"
There is little doubt that it is easier to get a home mortgage today than it was last year. The Mortgage Credit Availability Index (MCAI), published by the Mortgage Bankers Association, shows that mortgage credit has become more available in each of the last several years. In fact, in just the last year:
More buyers are putting less than 20% down to purchase a home The average credit score on closed mortgages is lower More low-down-payment programs have been introduced This has some people worrying that we are returning to the … (1 comments)

ocean county homes for sale: Don't Get Caught in the Rental Trap - Buying in Ocean County - 04/16/17 05:52 AM

There are many benefits to home-ownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage.
Don’t Become Trapped
Jonathan Smoke, Chief Economist at Realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental vacancies and a lack of new rental construction are pushing up rents, and we expect that they’ll outpace home price appreciation in the year ahead.”
In the Joint Center for Housing Studies at Harvard University's 2016 State of the Nation’s Housing Report, they revealed that “The number of cost-burdened … (1 comments)

ocean county homes for sale: Real Estate 2017 - What to Expect - 01/24/17 11:18 AM

Real Estate 2017: What to Expect
 
One of the most common questions we get at this time of year is, “What’s going on in the market?” It’s not just potential buyers and sellers who are curious; homeowners always want reassurance their home’s value is going up. The good news is the American real estate market is strong and healthy: home values are up, prices and sales are strong, and millennial first-time buyers are eager to become homeowners.
We often use national real estate numbers to give us a clearer view of our local market. However, real estate is local, and while statistics and … (1 comments)

ocean county homes for sale: The Jersey Shore Real Estate Market is Coming Back - 10/04/12 09:59 AM
In New Jersey, contract sales for the year through August were up 24 percent compared with the same period last year.
Nine of the state’s 21 counties saw a median sales price increase, albeit quite small, in the second quarter. And the overall median price in New Jersey, down 0.5 percent in the second quarter, is primed to increase in the next couple of quarters.
Contract sales have skyrocketed for the year through August compared with 2011. They’re up 26 percent in Ocean County.
And there are fewer homes for sale, another good sign for home sellers. So-called unsold inventory is … (2 comments)

ocean county homes for sale: Open House Ocean County May 12, 2012 - 05/11/12 11:49 PM
Open House in Ocean County with photos and maps for Saturday May 12, 2012 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saurday)
Below is the complete list of Open Houses in Ocean County for May 12, 2012 Click on the link below to access photos and maps for each property.
Berkeley (Bayville) Open House:
Details: 1  NEW CONSTRUCTION ST, BAYVILLE, NJ - $289,900 Details: 436  WHEATON AVE, BAYVILLE, NJ - $369,000 Brick Twp Open House:
Details: 396  20TH … (3 comments)

ocean county homes for sale: Ocean County Home Ownership High - 04/20/12 09:20 AM
Compared to the rest of the state and country, many parts of The Jersey Shore boast a higher percentage of homes occupied by residents who own their properties free and clear.
Some cases are retiree homeowners who never want to make another mortgage payment, citing their fixed income. Other cases are homeowners who said, despite historically low interest rates, paying off their mortgage was a good calculated financial decision. In nearly every case, the homeowners said that they were glad to have one less bill to worry about in this economy.
Nationally, 30 percent of owner-occupied homes, or about 23 million, … (0 comments)

ocean county homes for sale: Flood Insurance and Ocean County NJ Flood Zones - 04/19/12 01:10 AM
Do You Need Flood Insurance?
Determining the Risk To identify a community's flood risk, FEMA conducts a Flood Insurance Study. The study includes statistical data for river flow, storm tides, hydrologic/hydraulic analyses, and rainfall and topographic surveys. FEMA uses this data to create the flood hazard maps that outline your community's different flood risk areas.
Floodplains and areas subject to coastal storm surge are shown as high-risk areas or Special Flood Hazard Areas (SFHAs). Some parts of floodplains may experience frequent flooding while others are only affected by severe storms. However, areas directly outside of these high-risk areas may also … (4 comments)

ocean county homes for sale: Open House Ocean County March 10, 2012 - 03/09/12 06:49 AM
Open House in Ocean County with photos and maps for Saturday March 10, 2012 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saurday)
Below is the complete list of Open Houses in Ocean County for March 10, 2012 Click on the link below to access photos and maps for each property.
Bay Head Open House Details: 98  OSBORNE AVE, BAY HEAD, NJ - $1,499,000
Jackson Open House: Details: 9  ALBERT CT, JACKSON, NJ - $479,900
Long Beach Twp Open House: Details: 23 W … (0 comments)

ocean county homes for sale: Open House Ocean County February 18, 2012 - 02/17/12 06:13 AM
Open House in Ocean County with photos and maps for Saturday February 18, 2012 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saurday)
Below is the complete list of Open Houses in Ocean County for Feb 18, 2012 Click on the link below to access photos and maps for each property.
Ortley Beach Open House Details: 5  7TH AVE, ORTLEY BEACH, NJ - $899,900
Bayville Open House: Details: 77  OCEAN GATE AVE, BAYVILLE, NJ - $399,900
Brick Twp Open House: Details: … (0 comments)

ocean county homes for sale: Open House Ocean County February 11, 2012 - 02/10/12 06:10 AM
Open House in Ocean County with photos and maps for Saturday February 11, 2012 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saurday)
Below is the complete list of Open Houses in Ocean County for Feb 11, 2012 Click on the link below to access photos and maps for each property.
Bay Head Open House Details: 679  MAIN AVE, BAY HEAD, NJ - $1,095,000
Bayville Open House: Details: 324  WHEATON AVE, BAYVILLE, NJ - $354,900
Beachwood Open House: Details: 817  … (0 comments)

ocean county homes for sale: Handyman Special Homes in Ocean County, NJ - 02/01/12 12:41 AM
In real estate brokerage jargon, a Handyman Special is a property that is in need of repair, a fixer-upper. The implication is that the property is a bargain for someone who can accomplish the repairs economically. Click here for a list of Toms River Handyman Specials.  For a complete list of Handyman Specials in Ocean County contact Karl Hess.
When buying a Handyman Special Home in Ocean County, there are certain things to consider. While a handyman's special is generally priced much lower than other houses in the area it is important to know what needs to be fixed and how … (3 comments)

ocean county homes for sale: Lease Purchase Option - 01/17/12 10:45 PM
With potential home-buyers sometimes finding it difficult to get a mortgage, more and more consumers are looking for an alternative to realizing the American dream of owning a home.  One of those alternatives is the "Lease Purchase Option."
First; What is a Lease Purchase Option?
This basically means you are leasing or renting a property with an option to buy it at a future date. The future price of the property should be fixed at the time the lease-option is signed.
Usually there is an up-front payment of some amount to purchase the option. The amount can vary. Sometimes the monthly … (4 comments)

ocean county homes for sale: Buying a Home in Ocean County Wishlist - 01/02/12 04:15 AM
Creating your Home Wish List when Buying a Home in Ocean County
Before the home search begins, I will want to know as much as possible about the features and amenities you desire. To help me serve you better, analyze what you want and what you need in a home’s features and amenities.
Features: Age: Do you prefer historic properties, or newer ones? Style: Do you have a special preference for ranches, bungalows, or another style of construction? Bedrooms: How many? Bathrooms: How many? Are they updated? Living and Dining Areas: A traditional, formal layout, or a more open, contemporary plan? Stories: … (0 comments)

ocean county homes for sale: What is My Ocean County Home Worth? - 12/21/11 12:18 AM
What is the fair market value of my Ocean County Home? What is My Ocean County Home Worth? Whether your are in Point Pleasant, Brick Twp, Toms River, Lacey Twp, Barnegat, Manahawkin or anywhere in between, we all have questions of what our Ocean County Home is worth or what is the fair market value of my Ocean County Home?
These are two very common questions when people are considering selling a home. Talk to any real estate agent, and the first thing they'll tell you about calculating home value is that location is a big factor, but not the only … (0 comments)

ocean county homes for sale: The Age Factor in Buying a Home in Ocean County NJ - 12/20/11 01:37 AM
There are currently over 250 homes for sale in Ocean County, NJ that were built before 1950 and almost 1500 homes that are for sale right now that were built before 1980; it's important to understand that "older' doesn't necessarily mean in worse condition.  The article below was written by a very experienced home inspector that, I think, explains the difference very well.
 
While the age of a home denotes how long the structural members have been in place, the actual number of years means little or nothing.  As with humans, age is relative; and sometimes a fifty-year old home is in better … (0 comments)

ocean county homes for sale: Open House Ocean County December 17, 2011 - 12/17/11 12:52 AM
Open House in Ocean County with photos and maps for Sunday December 18, 2011 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this weekend)
Below is the complete list of Open Houses in Ocean County for Dec 18, 2011 Click on the link below to access photos and maps for each property.
Details: 129  VAN CORTLANDT DR, BRICK, NJ - $245,000Details: 160  LINDBERGH DR, BRICK, NJ - $325,000Details: 124  SIDDONS CT, ISLAND HEIGHTS, NJ - $899,900Details: 416  CHESTNUT DR, LANOKA HARBOR, … (0 comments)

ocean county homes for sale: Open House Ocean County December 10, 2011 - 12/10/11 12:04 AM
Open House in Ocean County with photos and maps for Saturday December 10, 2011 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saturday)
Below is the complete list of Open Houses in Ocean County for Dec 10, 2011 Click on each link below to access photos and maps for each property.
Details: 124  SIDDONS CT, ISLAND HEIGHTS, NJ - $899,900Details: 512  SUNRISE BLVD, FORKED RIVER, NJ - $237,000Details: 706  AMHERST RD, LANOKA HARBOR, NJ - $335,000Details: 1502  JACKSON ST, … (1 comments)

ocean county homes for sale: Ocean County "Best Buy" Homes - 12/08/11 10:02 AM
The best buys on The Jersey Shore are just a click away! See our recommendations below and click on the link to be taken directly to the specific page for more detailed information & photos.
4 Bedroom, 2 Bath, 1776 Sq/ft home in Brick Twp for $219,000
5 Bedroom, 1 Bath, 1667 Sq/ft home in Forked River for $229,000
4 Bedroom, 2.5 Bath, 2136 Sq/ft home in Jackson for $320,000
4 Bedroom, 3 Bath, 2900 Sq/ft home in Toms River for $495,000
6 Bedroom, 4.5 Bath, 3873 Sq/ft home in Point Pleasant for $999,000
If you would like to view any … (0 comments)

ocean county homes for sale: Ocean County Waterfront Homes - Short Sale - 12/04/11 02:32 AM
Here is a list of a few Ocean County Waterfront Homes that are on the market as a 'short sale.' Some of these propeties are worth over $1,000,000.00! Please click on each link below or contact Karl Hess, Keller Williams Ocean County.
Details: LITTLE EGG HARBOR, NJ - $150,000Details: LANOKA HARBOR, NJ - $229,000Details: MANAHAWKIN, NJ - $339,000Details: MANAHAWKIN, NJ - $339,900Details: FORKED RIVER, NJ - $359,900Details: TOMS RIVER, NJ - $424,900Details: FORKED RIVER, NJ - $549,900Details: BRICK, NJ - $550,000Details: BEACHWOOD, NJ - $575,000Details: PT. PLEASANT, NJ - $700,400
What is a short sale? A short sale is a sales transaction in which … (2 comments)

ocean county homes for sale: Open House Ocean County November 26 and 27, 2011 - 11/26/11 02:40 AM
Open House in Ocean County with photos and maps for Saturday and Sunday November 26 & 27, 2011 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and Whiting.(These are the only scheduled Open Houses in Ocean County for this Saturday and Sunday)
Below is the complete list of Open Houses in Ocean County for Saturday, Nov 26, 2011 Click on each link below to access photos and maps for each property.
Details: 453  EAST AVE, BAY HEAD, NJ - $6,200,000Details: 553  PRINCETON AVE, BRICK, NJ - $539,000Details: 124  SIDDONS CT, ISLAND HEIGHTS, … (6 comments)

 
Karl Hess, on The Jersey Shore (Keller Williams Shore Properties)

Karl Hess

on The Jersey Shore

Barnegat, NJ

More about me…

Keller Williams Shore Properties

Address: Keller Williams Ocean County, Toms River, NJ, 08753

Office: 732.797.9001 ext 824

Mobile: 609.553.7926



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