Let me negotiate the best deal and get the most buying power than anyone in the past 3 years. The market seems to have hit a point where prices have stalled. This is not a market top but a breather. We need to be prepared to walk away from over priced listings and find the best buys for the long run.
As a heads up we are seeing that The Wildwoods will have the most upside potential because of a external issue. This being the Garden State Parkway construction project specifically the removal of the three traffic lights from the CMC Zoo to Shellbay intersection. This will be the first season the parkway will be open in both directions. This type of access to The Wildwoods will bring additional people to the areas and this will increase rental rates which in turn will increase property values. Also the easier access on to the island will attract other homeowners that wouldn’t have considered the area because of the time to travel there on the weekends. Prices are still very attractive and are still substantially below the price highs of 2006.
This year we are seeing more owner trade-ups than in the past 10 years. Most property owners are not underwater on their mortgages even if they bought at the very top of the 2005 timeframe. If you want to find out what your home buying purchasing power is you should contact your mortgage professional or contact my mortgage representative John Coneys, CPA at Freedom Mortgage at Cell: 610-322-4886. I have found him to be very knowledgeable and very fair.
If you have saved searches on www.sjbeachhomes.com you still have time to switch over to the new website. I will be keeping it live until the end of July. The new website works well on all devices as well as smartphones. If you have any questions or constructive comments please let me know. I would love to hear from you. Respectfully, Ian Lazarus
The website went live last week and we had a few people work through a couple of the glitches. We are proud to launch it. If you see anything that is wrong please send me a note so I can make it right for everyone!! Thank you!!