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By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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’...
Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 7706 Ocean Blvd Overview Maps Photos Features Description Neighborhood $1,025,000 Single Family Home Main Features 4 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 2,185 sqftLot: 6,000 sqftYear Built: 1983MLS #: 4...
Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 101 E Mermaid Ln Overview Maps Photos Features Description Neighborhood $995,000 Single Family Home Main Features 5 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 2,402 sqftLot: 4,500 sqftYear Built: 1965MLS #: 40...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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 ...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 1
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 ...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
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...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
As I mentioned in my previous blog  I will be adding to this series to help buyers with there mortgage applications and to better understand the "why?" since the mortgage world can be a very unfamiliar place. Volume 3: Income and Employment For any traditional mortgage a lender will be verifying ...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 1
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...
Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 112 E Lillie Ave Overview Maps Photos Features Description Neighborhood $895,000 Single Family Home Main Features 4 Bedrooms1 Full Bathroom1 Half BathroomInterior: 1,520 sqftLot: 3,600 sqftYear Built: 1950MLS #: 405...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 1
We all realize that the best time to sell anything is when the demand for that item is high and the supply of that item is limited. The last two major reports issued by the National Association of Realtors (NAR) revealed information that suggests that right now continues to be a great time to sel...
Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 806 Bay Club Lane Overview Maps Photos Features Description Neighborhood $875,000 Townhouse Main Features 3 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 1,627 sqftLot: 79,960 sqftYear Built: 2006MLS #: 4053367 L...

By Robert Rauf
(HomeBridge Financial Services (NJ))
Comments 0
 I've decided to do a series of Do's and Don'ts- short little snippets to help buyers with their future mortgage applications. Volume 1: Assets.     Seems simple enough, you need money to buy a home. What gets more confusing is documenting it.The basic way to document assets, and arguably the eas...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
There are some people who have not purchased homes in Barnegat because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.In Barnegat t...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to q...

By Karl Hess, on The Jersey Shore
(Keller Williams Shore Properties)
Comments 0
We all know that New Jersey can be an expensive place to live, right up there with Hawaii, New York and California… even in relatively low tax Ocean County, it can be expensive in comparison to other states. So, if you’re thinking of moving and haven’t decided on your next location, below you’ll ...
Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 420 Eighth St, Unit 3N Overview Maps Photos Features Description Neighborhood Market Stats $675,000 Single Family Home Main Features 4 Bedrooms2 Full BathroomsInterior: 1,800 sqftMLS #: 4053363 Location 420 Eighth S...

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