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
The Manahawkin real estate market is stabilizing as more houses are being offered for sale but it’s still a “seller’s market” indicated by an absorption rate below 6 months. As usual, supply and demand will determine future home values in Stafford Twp.Active listings in Stafford Twp has increased...
08/13/2018
Slaying the Myths of Buying a Home in BarnegatYou’re finally ready to buy a home in Barnegat? That’s fantastic! In this exciting, but admittedly unnerving time, you might be inclined to turn to friends and family for advice—especially if they own homes. But beware, future Barnegat home buyer: Tho...
08/12/2018
A housing bubble is described as a run-up in housing prices fueled by demand, speculation and exuberance. Housing bubbles usually start with an increase in demand, in the face of limited supply, which takes a relatively extended period to replenish and increase. Speculators enter the market, furt...
07/26/2018
As more and more baby boomers enter retirement age in Ocean County, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your hom...
07/25/2018
The absorption rate in in Stafford Twp is at 4.4 months; in a “neutral market” that rate would be between 6-7 months. The absorption rate is the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the average number of s...
07/23/2018
Reasons to sell your Barnegat home this summer: Over 180 homes have sold in Barnegat so far this year – that’s an increase of an amazing 36.4% from last year and the median home price has gone up by over 20%!!What’s Your Barnegat Home Worth?Some Highlights: Buyer demand continues to outpace the s...
06/27/2018
If you’re thinking about buying a home in Manahawkin, now may be the time to act.According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history!The interest ...
05/23/2018
Buying a home in Ocean County can be a daunting task, but we help educate and guide first time home buyers through every step of the process. Our goal is to make buying a home a simple, fun, exciting, and hassle-free experience. (Did you know that if you haven’t owned a home in N.J within the las...
05/20/2018
If you’re thinking of selling your Stafford Twp Home, May and June are the best months to put your house on the market.May of 2017 saw $13.8 million worth of homes sold in Manahawkin. June of 2017, $14.5 million worth of homes sold.The previous year, 2016, $7.3 million worth of homes sold in Staf...
05/15/2018
 What if I wait until next year to buy a Barnegat Home? We recently shared that Barnegat home prices have increased by 25.42% year to date over 2017. They’ve also increased by 6.7% year-over-year on a national basis. Over that same time, interest rates have remained historically low which has all...
05/11/2018
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