4 Reasons to Sell Your Manahawkin Home This Spring. With the housing inventory so low in Manahawkin, now is a great time to put your home on the market. The absorption rate is 3.54 months – that’s well below the 6-month mark that indicates a seller’s market.What’s Your Manahawkin Home Worth?  Some Highlights: Buyer demand continues to outpace the supply of homes for sale in Manahawkin which means that buyers are often competing with one another for the few listings that are available! Manahawkin housing inventory is still under the 6-month supply needed to sustain a normal housing market. Perhaps the time has come for you and your family to move on and start living the life you desire! Search for Homes in ManahawkinKarl Hess & Keller Williams Shore Properties provides expert real estate... 03/05/2018

The average Manahawkin home sale price rose by over 9% in 2017, prompting some to question whether Manahawkin home values may be overinflated (median sales price rose by 5.94%). Let’s look at national trends to get an idea of how Manahawkin compares to the national market.What’s Your Manahawkin Home Worth?Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report:“The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71st straight month of year-over-year gains.”Seventy-one consecutive months of price increases may have some concerned that current home values may be overinflated.However, at the same time, Zillow ... 03/04/2018

The lack of housing inventory in Manahawkin is pushing prices even higher. In Manahawkin, the absorption rate is down to 3.45 months – anything less than 6 months is considered a “seller’s market.” Sold listings is down by over 30%, not because there’s a lack of demand, but because there’s a lack of supply; active listings are down by 10.6% and new listings (added in January) are down by 18.4%. That has resulted in an increase in home prices.What’s Your Manahawkin Home Worth?According to CoreLogic’s latest Home Price Index, prices appreciated by 6.9% year-over-year from December 2016 to December 2017 on a national level. This marks the fifth month in a row with at least a 6.9% increase.Dr. Frank Nothaft, Chief Economist for CoreLogic, gave insight into the reason behind the large apprec... 02/20/2018

The rule of supply and demand is the #1 reason to sell your Manahawkin home now, before spring.Supply and demand is 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 (in this case, houses) is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers (home owners and/or builders) are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as t... 02/13/2018

It’s a seller’s market in Manahawkin; prices are up, inventory down. If you’re thinking of selling, you should consider acting NOW.What’s Your Manahwkin Home Worth?That’s an aggressive headline, right? However, as the final data on the 2017 housing market rolls in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR MANAHAWKIN HOME!How did we finish 2017? New-home sales were at their highest level in a decade. Sales of previously owned homes were at their highest level in more than a decade. Starts of single-family homes were their strongest in a decade and applications to build such properties advanced to the fastest pace since August 2007. Manahawkin average sale price is up over 9%! Average days on market in Manahawkin is down by over 10% - Homes ... 01/27/2018

There are many reasons why you need a professional on your team when buying a home in ManahawkinSearch Homes in ManahawkinMany people wonder whether they should hire a real estate professional to assist them in buying their dream home in Manahawkin or if they should first try to go through the buying process on their own. In today’s market: you need an experienced professional!You Need an Expert Guide If You Are Traveling a Dangerous PathThe field of real estate is loaded with landmines; you need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home in Manahawkin that is priced appropriately and is ready for you to move into can be tricky. An agent listens to your wants and needs, and can sift through the homes that do not fit within the paramete... 01/24/2018

Manahawkin Housing Market Trends for the month of December and Year to Date, 2017. (See charts below)Number of Listings Chart: The Number of Listings chart displays listings counts by status. Manahawkin Active Listings: 149 total as of the end of December, up 0.7%, down 17.2% year to date Manahawkin New Listings: 36 for the month, up 16.1% for the month, down 11.2% year to date Manahawkin Sold Listings: 31 for the month, down 34.0% for the month, down 4.7% year to date. (Note: the main reason for the reduction of sold listings is a lack of available inventory) Explanation: Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" of active listings on the 15th of the month. Rather than showing the number of all listings that were a... 01/23/2018

The impact of low inventory on the Manahawkin Housing Market will continue into 2018. Now may be the time to sell to beat the addition of new construction homes to the market.The housing crisis is finally in the rearview mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in years. It seems that the market will continue to strengthen in 2018.However, there is one thing that may cause the industry to tap the brakes: a lack of housing inventory. While buyer demand looks like it will remain strong throughout the winter, supply is not keeping up.In Manahawkin, the housing absorption rate for December 2017 is 3.88 months, and year to date it’s... 01/10/2018

Thinking of Buying or Selling a Home in Manahawkin? Hire a Professional!Manahawkin Homes As we usher in the new year, one thing is for certain… if you plan to buy or sell a house this year, you need a real estate professional on your team! There are many benefits to using a local professional! Pick a professional who knows your local market and can help you achieve your dreams! As always, thank you for your time and feel free to get in touch if you have any questions about buying, selling or investing in real estate in Manahawkin. Karl Hess, Keller Williams Shore Properties - #1 Real Estate Office in Ocean County  12/31/2017

 There are many unsubstantiated theories as to why home values are continuing to increase in Manahawkin. From those who are worried that lending standards are again becoming too lenient (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 prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.However, the increase in prices is easily explained by the theory of supply & demand. Whenever there is a limited supply of an item that is in high demand, prices increase.It is that simple. In real estate, it takes a six-month supply of existing salable inventory to maintain pricing stability.In Manahawkin, the absorption rate for Novembe... 12/28/2017

Manahawkin Home Sellers: Your House Must Be Sold TWICEIn today’s Manahawkin housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 5%+ over the next twelve months. One major challenge in such a market is the bank appraisal.If prices are surging (over 6.5% in Manahawkin), it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank.What's Your Manahawkin Home Worth? Get a FREE instant valuationEvery month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what a homeowner who is seeking to refinance ... 11/24/2017

Looking to Buy a Home in Manahawkin? Don't Let Fear Stop You!A considerable number of potential buyers shy away from jumping into the Manahawkin real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification.For many, the mortgage process can be scary, but it doesn’t have to be!In order to qualify in today’s market, you’ll need to have saved for a down payment (73% of allbuyers made a down payment of less than 20%, with many buyers putting down 3% or less), a stable income and good credit history.Homes for Sale in ManahawkinThroughout the entire home buying process, you will interact with many different professionals, all of whom perform necessary roles. These professionals are also valuable resources for you.Once yo... 11/01/2017

You can buy a home in Manahawkin with little or no money down. And you don’t need perfect credit to do it! Don't be scared!Ocean County First Time Buyer ProgramsA USDA home loan is a zero down payment mortgage for eligible rural and suburban homebuyers (i.e. from Lanoka Harbor to Manahawkin). USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of AgricultureAdvantages of the USDA Home Loan Guaranteed Program: 100% financing No down payment requirement No Mortgage Insurance No Cash Reserves Required Loan up to 101% of appraised value Seller Contributions Limited to 6% The Median Sale Price of a Home in Manahawkin is $260,000.00, average sale price of a home in Stafford Twp is $282,7... 10/28/2017

In Manahawkin, and throughout Ocean County, it would be cheaper to buy a home than to rent one.In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.Ocean County First Time Buyer ProgramsThe average rent for a home in Ocean County is $1,800 per month ($1850.00 in Stafford), which would buy you a house in the $280,000 range. And in some areas, like Manahawkin, you don’t have to worry about a down payment with the USDA Zero Down Loan Program.The Median Sale Price of a Home in Manahawkin is $260,000.00, average sale price of a home in Stafford Twp is $282,703.00.  Here are all the homes for sale in Manahawkin.Here are homes in selected c... 10/18/2017

The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not being able to afford one.Manahawkin Homes for SaleThis brings us to two major misconceptions that we want to address today.1. Down PaymentNAR’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 39% of non-homeowners say they believe they need more than 20% for a down payment on a home purchase. In actuality, there are many loans written with a down payment of 3% or less.Many rente... 10/10/2017

In today’s highly competitive Manahawkin real estate market where there are more buyers looking for homes than there are homes in Manahawkin for them to buy, some sellers may feel like the ball is in their court.And they would be right when it comes to choosing which offer to accept, the closing date, or even which improvements they are willing to make to their house prior to selling.What's Your Manawkin Home Worth? - Get a Free, Instant ValuationFor example, in Manahawkin, active listings are down by a massive 24% year to date. In real terms that means there are 179 fewer homes from which to choose. That would put every Manahawkin home seller in the proverbial driver’s seat when negotiating the deal.One thing to remember though is that there is always a line that shouldn’t be crossed.I... 09/25/2017

 There is no doubt that the largest challenge in today’s housing market in Manahawkin and across most of the county is a lack of housing inventory for sale. This challenge has been defined as an “overwhelming lack of supply,” and even a “straight up inventory crisis.”First American just released the results of a survey which sheds light on the reasons for the current lack of supply.What's Your Manawkin Home Worth? - Get a Free, Instant ValuationThe survey asked title agents and real estate professionals to identify what they believe are the top reasons for this lack of inventory in their markets. Here are the results of the survey: 47% - existing homeowners are worried that they will not be able to find a home to buy 26.5% - first-time buyer demand is absorbing a large share of availabl... 09/22/2017

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).In Manahawkin the housing sale “Absorption Rate” is currently less than 4 months; which indicates a severe lack of inventory. Anything less than 6 months is considered a “seller’s market” an absorption rate over 7 months is generally considered a buyers market. The median list price for a home in Manahawkin as climbed by 7.65% year-to-date in comparison to 2016, while median sal... 09/20/2017

Here are five reasons listing your Manahawkin home for sale this fall makes sense.1. Demand Is StrongThe latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country and in Stafford Twp. These buyers are ready, willing, and able to purchase… and are in the market right now! More often than not, multiple buyers are competing with each other to buy a home.Take advantage of the buyer activity currently in the market.What's Your Manawkin Home Worth? - Get a Free, Instant Valuation2. There Is Less Competition NowHousing inventory is still under the 6-month supply that is needed for a normal housing market. And in Manahawkin, the housing supply is less than 4 months.This means that, in the m... 09/19/2017

Southern Regional High School has been ranked #2 in New Jersey and #19 in the entire nation for its sports programs by Niche.comThe study rated school district athletics as a whole, considering parent and student opinions, number of interscholastic sports offered, percentages of girls and boys participating in sports and the average athletic expense per student, among other factors.Note: If you’re looking at moving to the Manahawkin area to take advantage of the school district, here are Manahawkin Homes for Sale.Although these rankings are solely based on athletics, the study also included each school's overall school grade -- which factors in academics, teachers, diversity and more -- to provide an extra layer of information.Niche.com is a popular website that analyzes dozens of data ... 05/11/2017