Ocean County, NJ Real Estate News

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 14 E 231st St OverviewMapsPhotosFeaturesDescription $1,595,000 Single Family Home Main Features 4 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 2,279 sqftLot: 4,350 sqftYear Built: 2002MLS #: 22104231 Location 14... 02/23/2021

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 121 Clifton Rd OverviewMapsPhotosFeaturesDescriptionMarket Stats $895,000 Single Family Home Main Features 3 Bedrooms2 Full Bathrooms1 Half BathroomInterior: 2,527 sqftYear Built: 1999MLS #: 22103990 Location 121 Cl... 02/19/2021

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 38 W Sailboat OverviewMapsPhotosDescription $905,000 Single Family Home Main Features 3 Bedrooms2 Full BathroomsInterior: 1,708 sqftLot: 3,600 sqftYear Built: 1958MLS #: 22103825 Location 38 W Sailboat LnLong Beach ... 02/12/2021

After decades in this industry I am still surprised at what happens. Yesterday was a doozy...  Standing at my desk yesterday morning (I'm cool like that, I have a fancy standing desk....)  I get an email from an agent I know, but do not do a lot of business with.. "Fully executed contracts for yo... 02/10/2021

Lacey Township Sales Price Up Almost 15%We are in a “Seller’s Market.” Over the past year in Lacey Twp, median list price and median sale price is up. The total number of homes sold in 2020 is down slightly due to lack of inventory, while pending homes sold (yet to close) has increased significan... 02/06/2021

Reduced inventory coupled with high demand has sent home prices up in ManahawkinManahawkin Real Estate Market Update:Median list price and median sale price are both up. The total number of homes sold over the last year is up while pending homes sold (yet to close) is unchanged in comparison to 2... 02/01/2021

Barnegat Median Sold Prices Increase by Over 11%With home buyers finding Ocean County a viable alternative to living in more urban areas, Barnegat offer's what people are looking for as either a primary residence or secondary/vacation home, not to mention the myriad of retirement communities. Wit... 01/25/2021

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 1001 Ocean Ave, U1021 OverviewMapsPhotosDescription $799,000 Condominium Main Features 2 Bedrooms2 Full BathroomsInterior: 1,319 sqftYear Built: 1987MLS #: 22041808 Location 1001 Ocean Avenue1021Ship Bottom, NJ 0800... 12/31/2020

Yesterday afternoon my Homebridge family received some horrible news.  One of our region's closers had a horrific fire in her home yesterday and she lost her 25yr old son, which I cannot even imagine how that would feel and hope I never have to.I just logged out of the go fund me page and was mov... 12/29/2020

 Did you know we have seen some of the HIGHEST mortgage rates in YEARS at the onset of the pandemic?  Rates were moving so fast that they would change as we were on the phone with our clients  and we briefly had rates well into the 5's this spring as the market struggled to gain it's footing. Tha... 12/11/2020

A few months back I wrote this Blog about Qualifying Self Employed Borrowers in the world of the Corona Virus.  This is an update to that blog, and Thankfully the guidelines are a little more simplified nowFirst a little history.  Fannie and Freddie never asked for a P&L (but lenders often did). ... 12/04/2020

FHA has published the  mortgage limits for the calendar year 2021.  Limits are based upon CASE NUMBER ASSIGNMENT date and are effective beginning with case numbers assigned on and after January 1, 2021. Unlike Conventional loans: Pipeline cannot take advantage of these changes,  if the case numbe... 12/03/2020

 Last week The Federal Housing Finance Agency announced the new conforming limits for 2021. (insert drum roll here) Single Family limits have increased from $510,400 to $548,250..  roughly a 7.4% jump in just one year.  This is a clear sign of the current pandemic boom we have seen this year and ... 12/01/2020

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 346 W 5th St Overview Maps Photos Description $800,000 Single Family Home Main Features 5 Bedrooms2 Full BathroomsInterior: 2,112 sqftLot: 6,000 sqftYear Built: 1969MLS #: 22039855 Location 346 W 5th StreetShip Bott... 11/18/2020

 In a previous post I mentioned how much fun I was having shopping for a home.  Unfortunately that hunt continues since the inventory for my perfect house is pretty much non existent right now and we are officially homeless albeit with a very large bank account.The purpose of this blog, (other th... 11/04/2020

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 102 E South Carolina Ave Overview Maps Photos Description $2,849,000 Single Family Home Main Features 5 Bedrooms3 Full Bathrooms2 Half BathroomsInterior: 3,987 sqftLot: 6,750 sqftYear Built: 2021MLS #: 22037847 Loca... 10/24/2020

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 1504 S Beach Ave, U3 Overview Maps Photos Features Description Market Stats $725,000 Single Family Home Main Features 2 Bedrooms1 Full Bathroom1 Half BathroomInterior: 880 sqftLot: 3,300 sqftYear Built: 1945MLS #: 2... 10/12/2020

How to buy your first home like a pro in Berkeley Township NJ.How to buy your first home like a pro in Berkeley Township NJ. The residential real estate market is quickly getting back in focus. With the economy situation improving day by day, a lot of people consider this time to buyer their firs... 09/25/2020

Long Beach Island Home for Sale | LBI Real Estate | Jersey Shore Home for Sale | 115 New Jersey Ave Overview Maps Photos Features Description Market Stats $1,495,000 Single Family Home Main Features 5 Bedrooms4 Full BathroomsInterior: 3,565 sqftLot: 8,437 sqftYear Built: 2014MLS #: 22033723 Loca... 09/22/2020

 So I am about to be homeless.  My house is sold, closing soon and I cant find what I want in this crazy market.Empathy... Let's say I have buckets full of it for my borrowers that are out hunting. I have lost count of how many Houses we have seen but there are some stand out observations I have ... 09/15/2020