Manahawkin, NJ Real Estate News

By Anthony Barone, Realtor Associates
(Balistreri Real Estate)
Childrens Miracle Network Golf Outing Type: Causes - Fundraiser Date: Friday, May 21, 2010 Time: 11:30am - 9:30pm Location: Ocean Acres Country Club Description   7th Annual Bill Donnelly Memorial Golf Outing to Benefit th Childrens Miracle Network. $110 per golfer includes the following: Green fees, Cart, BBQ Lunch,Full Buffet Dinner, 1 Hour open Bar, Giveaways and a good time!!Last year REMAX AT BARNEGAT BAY raised over $40,000 for the Childrens Miracle Network and this year we looking to top that with your help. Drop me a line to register or stop by any of our 3 offices in Toms River, Forked River or Manahawkin for more information call 609 693 5002.  
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale in Manahawkin – Manahawkin, NJ April 2010 Housing Market Report  Homes for sale in Manahawkin averaged at about 470 during April, 2010 up by 20 from the March, 2010 Manahawkin Housing Market Report. There wasn’t a substantial increase in the number of homes in Manahawkin going under contract in April, in fact more homes in Manahawkin went under contract in March.  The prices of homes in sold Manahawkin continued to decrease in April. Manahawkin, NJ  NewListings UnderContract Expired Sold Days onMarket MedianSold Price April, 2010 106 38 26 29 92 $227,500 These are the figures of the homes for sale in Manahawkin in April, 2009. Manahawkin, NJ  NewListings UnderContract Expired Sold Days onMarket MedianSold Price April, 2009 84 39 26 21 98 $255,000   Of homes sold, none wer...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
By Curtis LeeThe Murphy-Lee Teamof Prudential Zack Shore Properties  Residential real estate is gaining stability in concert with the recovering U.S. economy. Consumers, drawn by one of the most attractive buyers' markets on record marked by historically low interest rates and lower home prices in many areas, are returning to the market to move up, trade down, improve location and otherwise enhance their share of the American Dream. When it comes to home buying, the ideal situation would be to find a new home, just as you receive an offer on your existing home. You would then be able to close concurrently and move into your new home a few days prior to closing on your previous home. This does happen more often than not, but anyone looking to buy a new home needs to consider all the poss...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale in Manahawkin - Manahawkin, NJ March, 2010 Housing Market Report The average number of home for sale in Manahawkin stood at about 450 during the month of March, up from the average of 430 homes for sale in Manahawkin in February, 2010.  New listings of homes for sale in Manahawkin was up substantially in March, as was the median sold price of homes in Manahawkin over the February report.  Manahawkin, NJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price March 2010 101 41 33 33 119 $267,000 Compare these figures to the Manahawkin Housing Market Report from one year ago.  Manahwkin, NJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price March 2009 84 25 35 17 122 $275,000 It's far too early to say that we're in the midst of a turnaround....
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
UNDER CONTRACT ~ Gorgeous Waterfront Custom Buillt - New ConstructionLocation: Beach Haven WestUNDER CONTRACTGorgeous WATER VIEWS from every window in this custom built contemporary home! abounded with architectural details this home features 4 bedrooms, 2.5 baths, dramatic 2 story great room w/vaulted Ceiling,stone fireplace, 2nd floor leisure room, sensational gourmet kitchen w/top of the line appliances, 1st floor master suite with stunning master bathroom, seconds to the open bay! Quality construction by local builder! too many upgrades to list a must see!!!!Visit http://www.1415Paulblvd.com for more pictures and virtual tour.InformationContact Information Eileen Murphy/Curtis Lee800-594-3315Contact Reply FormForward to a FriendView Other FlyersPricingPrice: $675,000.00Flexibility: ...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
  By Curtis LeeThe Murphy-Lee Team ofPrudential Zack Shore Properties  Spring is a season of renewal - this year in particular. Just as the birds are chirping and flowers are starting to bloom, the U.S. economy is moving forward with real estate sales percolating in many markets. Indeed, the days grow longer in spring, allowing more time for consumers - especially those motivated by current, historically low interest rates and attractive home prices - to shop for their American dream. If you're considering selling your property this spring, now's a good time to complete some spring maintenance to make sure your home is in tip-top shape. Even if you aren't planning to sell your home, you should still add these chores to your list to help preserve your home's value and help avoid major re...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
From Our Friends At Northern States Funding GroupThe Preferred Lender Of The Murphy-LeeTeam An Unlikely Revival of the Housing Market -THE TWENTY SOMETHINGS By Frank Montufar 203k Mortgage Specialist Propelled by the FHA "Buy it and Fix it" plan - the 203-K loan I've come full circle with this program, the FHA 203-K. Chosen as an alternative means of home financing in the early 90's, this particular niche program has great appeal. Specifically tailored to the investors, it also accommodated the owner occupied sector, to purchase homes in need of repairs.  It was Washington's great relief plan for the deteriorating condition of the housing inventory.   Initially presented by HUD to Lenders in a nationwide campaign in those transitional day of the early 90's, the K program was innovated ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale in Manahawkin - Manahawkin, NJ February, 2010 Housing Market ReportThe average number of homes for sale in Manahawkin during February, 2010 stood at about 430 residential units.  That figure represents Manahawkin's adult communities, condos, manufactured homes and single family residential units.   New listings in Manahawkin were down in February when compared with the previous month, and so too the median sale price of homes sold in Manahawkin.   Manahawkin, NJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price February, 2010 69 38 31 14 110 $243,250 Compare the figures of homes for sale in Manahawkin to February, 2009.  More homes in Manahawkin sold in February, 2009, but homes for sale in Manahawkin going under contract more than doubled in February,...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
Home sellers today must convince a new era of buyers returning to the market that their homes stand for value and quality. The time-honored open house event remains a terrific way to expose your property to many consumers and gain distinction from the competition. While your real estate professional will advertise and manage the event, it is up to you to ensure that your home is seen in the best light possible. Remember, you only have one chance to make a first impression, so approach your open house event as your property's showcase. Here are several ways to make your property shine, inside and out.Start with the outside. Do a visual check of the front of the house from across the street. Does your property have curb appeal? It should look inviting, with a trimmed lawn and flowerbed a...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
  After days of clouds, rain and snow today promises to be beautiful at the Jersey Shore!  I hadn't planned to go the gym this morning, but had a little extra time.  The photo was taken with my phone on the way back home from the gym at 7am, just of Route 72 in Manahawkin, NJ. I have to make a point of bringing my camera everwhere.  The sky was just beautiful when the sun poked through!  
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
New Jersey is in the midst of it's second major winter storm.  The snow began last night.  This is what it looked like at 8am. There is a blizzard warning in effect, and it's expected we'll have accumulation of up to 25 inches.  The worst of the storm will hit early this afternoon with increasing winds up to 40 to 50 miles per hour, out of the north-northeast.  That's not good news for long Beach Island, already suffering severe from fall and winter beach erosion. The National Weather Service has also posted a flood warning for the coastal areas of the Jersey.  High tide this afternoon is expected to bring the most widespread tidal flooding.  High tides today will occur between 1:30pm and 3pm.  The high tide occurs later in the coastal wetlands and lagoons. The wave action during the hi...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
It's back...President Obama has again called for limitations on the Mortgage Interest Tax Deduction.  Lenn Harley has been telling us about this for quite a while. This IS a big deal, so contact your congressional representatives and share your opinion.  If you don't know how to contact them click here. Here's the letter I just emailed to my representatives.  Feel free to use it all or in part.  An Open Letter to Senators Lautenberg and Menendez & Congressman Adler:As a REALTOR® and an Accredited Buyers Representative® working with home buyers in southern Ocean County, I'd like to call attention to a portion of President Obama's budget message that is cause for concern.The President's budget proposal includes changes to the Mortgage Interest Tax Deduction.  This proposed change only eff...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
Turn on any financial news program and at some point you'll hear the experts extolling the virtues of diversification. Real estate, even through the market downturn, has long been considered a conservative, long-term strategy to growing wealth. In fact, that very downturn has created a historic buying opportunity for potential homebuyers and investors alike. The combination of lower home prices across American and historically low mortgage rates, two essential factors that usually don't trend in the same direction, have triggered a buyer's market in many areas of the country. For real estate investors who want to rent their properties, this can make the difference in achieving positive cash flow sooner or right off the bat. While some seasoned real estate investors make it look easy, to...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Information on Dog and Cat Licensing in Barnegat, Little Egg Harbor, Stafford Township (Manahawkin) and TuckertonResponsible dog and cat owners at the Jersey Shorehave just a few more days to obtain or renew licenses for their pets.  Some municipalities charge a late fee if the license is not obtained by January 31st.New Jersey law requires the owners of all dogs that seven months of age or older have a municipal license.  In order for the license to be issued, the owner must present proof that a licensed veterinarian has vaccinated the dog against rabies and that the duration of immunity from that vaccination extends through at least ten months of the twelve-month licensing period. State law allows an exemption to the rabies inoculation requirement if the owner presents written certifi...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
From Our Friends @ Lincoln Mortgage CompanyThe Preferred Leander Of The Murphy-Lee Team Spring is traditionally the busiest season in real estate for both buyers and sellers, and this year is truly a buyer's market. In 2010 several factors affecting the current housing market trend show the real estate market forecast to be much busier than usual over the next several months, so discerning sellers should take notice. The unofficial beginning of the spring home buying season starts after the Super Bowl, which will be very early this year on February 7, 2010. This is when, new buyers flood the market in early spring, granting new vitality to the market. In response, many fresh properties enter the market along with lots of properties that were taken of the market at the end off last year....
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
New disclosure rules, which went into effect Jan. 1, make spotting scams easier for homeowners. Image: fotog/Getty Images   A record high 2.8 mllion properties were hit with foreclosure notices in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Homeowners who fall behind on mortgage payments need to tread carefully when seeking assistance, since foreclosure rescue scams come in many guises. A day spent researchng legitimate options, from a mortgage modification or principal forebearance to a short sale or deed-in-lieu, could keep you from becoming a scam victim.   Foreclosure rescue scams run rampant Homeowners facing foreclosure are prime targets for scam artists. The U.S. Federal Trade Commission identified 71 companies running suspicious foreclosure res...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
If You're a Responsible Recycler New Jersey's Got Cash for You! The New Jersey Board of Public Utilities has a refrigerator/freezer recycling program that can put $50 in your pocket.  It’s part of the New Jersey Clean Energy Program and promotes responsible recycling.  By being a responsible recycler, you can get energy wasting, older refrigerators and freezers off the grid!  Here’s how it works: Arrange for a free pick up of your old refrigerator/freezer by calling 877-270-3520 or schedule online at JACO Environmental. Get$50 cash back for being a responsible recycler once your transaction is processed. Save up to $150 a year on energy costs by recycling an old fridge. To Participate in this Initiative: You must be a New Jersey resident and a customer of Atlantic City Electric, Jersey ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale In Manahawkin - December 2009 Manahawkin, NJ Housing Market ReportThe number of new listings of homes for sale in Manahawkin dropped significantly in December 2009 when compared to November, 2009.  The number of of homes for sale in Manahawkin (Stafford Township) entered in the Jersey Shore Multiple Listing Service in December was 31, compared to 58 new listings in November.  Homes for sale in Manahawkin also spent a lot more time on the market in December.  ManahawkinNJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price December 2009 31 25 28 36 165 $287,500 The median price of homes for sale in Manahawkin that sold in November remained the same, as did the number of units sold.Though the number of new listings of homes for sale in Manahawkin dropped i...
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By Eileen Murphy, Curtis Lee "The Murphy-Lee Group"
(Berkshire Hathaway HomeServices, Zack Shore REALTORS)
Opportunity is knocking for those considering homeownership for the first time. Historically low interest rates, lower home prices in most markets and the first-time homebuyer tax credit - part of the American Recovery and Reinvestment Act of 2009 - brought first-timers to the market in droves throughout the year.  In fact, these consumers represented about half of home sales logged during 2009, according to the National Association of REALTORS®, a significant increase from historic levels. And the favorable conditions that prompted many of these first-time buyers are likely to continue. President Obama in early November signed into law a five-month extension of the first-time homebuyer tax credit of up to $8,000, as well as a new tax credit of up to $6,500 for existing homeowners who w...
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