Ocean County, NJ Real Estate News

 The National Flood Insurance plan was set to expire Friday November 28th.  Late on Friday Congress approved a one week extension to the program.  Any new policies or renewals should be paid for before the new deadline of December 7, 2018.  There is anticipation that there will be a lapse that ma... 12/03/2018

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 302 W 22nd St Overview Maps Photos Features Description $1,495,000 Single Family Home Main Features 4 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 1,776 sqftLot: 8,484 sqftYear Built: 1994MLS #: 4058219 Location... 11/29/2018

An Historical view of the FannieMae limitWith all the chatter this week with loan limits increasing I thought it would be fun to take a look back.But first- lets talk about the new limits:We have a significant increase in the base loan limit from $453,100 in 2018 to $484,350 in 2019. Since I am L... 11/29/2018

Don’t be surprised by closing costs on your new Ocean County home. Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?Search for Homes in Ocean CountyBy law, a homebuyer will ... 11/27/2018

Every year at this time there are many Barnegat homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. What's Your Barnegat Home Worth?Here are seven g... 11/23/2018

Single women are buying homes and condos at what may be more than twice the rate of single males, and the trend appears to be accelerating.Single women accounted for 18 percent of all home purchases last year compared with just 7 percent by single men, according to survey data from the National A... 11/20/2018

Wage increases make home buying more affordable. The median sold price for a home in Barnegat is around 241,000, but there are plenty of homes for sale below that price. And with multiple first-time home buyer programs, you can purchase a home in Barnegat today!Search for Homes in BarnegatEveryon... 11/16/2018

Home equity is an asset that comes from a homeowner's interest in a home. To calculate equity, subtract any outstanding loan balances from the property's market value. Home equity can increase over time if the property value increases or the loan balance is paid down.Barnegat home values have inc... 11/14/2018

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 18 E Dupont Ave Overview Maps Photos Features Description $1,225,000 Single Family Home Main Features 8 Bedrooms4 Full Bathrooms2 UnitsInterior: 2,548 sqftLot: 5,000 sqftMLS #: 4056996 Location 18 E Dupont AveLong B... 11/14/2018

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 10 W Culver Overview Maps Photos Description $675,000 Single Family Home Main Features 3 Bedrooms2 Full BathroomsInterior: 1,472 sqftLot: 4,550 sqftYear Built: 1983MLS #: 4057006 Location 10 W Culver AveLong Beach T... 11/14/2018

One hundred years ago, on the eleventh hour of the eleventh day of the eleventh month, we marked the end of the “war to end all wars.” That day, which was to be observed annually on the eleventh day of the eleventh month, became known as Armistice Day and then, later on, became Veterans Day.Veter... 11/12/2018

The Veterans Administration Loans helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of their mission to serve you, they provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your ... 11/10/2018

The median sold price for a home in Barnegat for the month of October was $250,000. Over 200 homes under $250,000 sold in Barnegat since the beginning of the year. There are currently over 70 homes under $250,000 for sale in the township.Search for Homes for Sale in BarnegatAlso, if you’re thinki... 11/09/2018

 In my previous Blog I wrote about climbing prices and how they are expected to continue to climb in 2019.  With affordability being a concern of many buyers - it is important to check with a licensed lending professional in your area (Like myself) to determine what you can do, rather than assume... 11/08/2018

If you think you can't afford to buy a home Ocean County, you may want to think again! Research shows that buyers don't always know the facts when it comes to qualifying for a mortgage. Compare the myths with actual requirements for a down payment, credit score and maximum debt-to-income ratio.Se... 11/08/2018

 While home prices have climbed 5.6% (September 2017- 2018), the place has slowed from the 7.1% we saw earlier in 2018.  From August to September we saw prices increase 0.4%.Nationally the slowing pace has been blamed on affordability issues.  According to CoreLogic's analysis of the country's to... 11/07/2018

 The peak homebuying season in Ocean County may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to attracting buyers, but what else can you do to get the offers rolling in? Here are 20 tip... 11/07/2018

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | SF 131 E 30th St Overview Maps Photos Description Neighborhood $850,000 Single Family Home Main Features 4 Bedrooms2 Full BathroomsInterior: 1,775 sqftLot: 3,750 sqftMLS #: 4056769 Location 131 E 30th StreetShip Bot... 11/05/2018

There are many unsubstantiated theories about what is happening with home prices. From those who are worried that prices are falling (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as pric... 11/05/2018

Still Think You Need 15-20% Down to Buy a Home in Ocean County? Think Again! According to a new study from Urban Institute, there are over 19 million millennials in 31 cities who are not only ready and willing to become homeowners, but are able to as well!Ocean County First Time Home-buyer Progra... 11/02/2018