The Jersey Shore By Karl Hess

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Real Estate Agent - Keller Williams Shore Properties - 1005238
Community News, Events, Happenings and Real Estate on The Jersey Shore in Ocean County, NJ
RECENT BLOG POSTS
Home prices in Ocean County continue to rise, but there are still homes available in the $250,00 and less price range. We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But,...
10/12/2018
Barnegat home sales are up 38.9% year to date in comparison to 2017. Nationally, new construction home sales are up 12.7%. What’s Your Barnegat Home Worth? Get a Free, Instant ValuationAccording to the latest New Residential Sales Report from the Census Bureau, new construction sales in August we...
10/11/2018
Are we about to enter a buyer’s market in Manahawkin? Should you sell now?Sale of Stafford Twp homes are slightly above last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buyers’...
10/06/2018
Thinking of buying or selling a home in Barnegat? Here are 2 factors to watch in today’s Barnegat real estate market. When it comes to buying or selling a home in Barnegat there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along ...
10/04/2018
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a p...
10/03/2018
Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much (quantity) of a product is desired by buyers. Supply represents how much the market can offer. In Stafford Twp (Manahawkin) the absorption rate is 4...
10/02/2018
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search.Search for Homes in Ocean CountyBelow is a chart cr...
09/30/2018
What is Private Mortgage Insurance (PMI) and What’s The Cost of NOT Paying PMI?Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender not you if ...
09/27/2018
Rising home prices have been in the news a lot lately and much of the focus has been on whether home prices are accelerating too quickly, as well as how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact that they have on a ho...
09/24/2018
The Barnegat housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 according to the latest Home Price Expectation Survey:After the bubble burst in June 2007, valu...
09/21/2018
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