Archive for December 2010

Is it Time to Buy A Home?

 You’re thinking about buying a home, but you’re asking yourself; Is it time to buy?  Has the market stabilized? According to the Case-Shiller index; YES, it is time to buy a home!

Money

The Case-Shiller Index is one of the best measures of home values. And the latest numbers show that homes are now worth about the same as they were in 2003.

Karl Case has said “In most places, in fact almost all of the cities we track, prices stopped falling about a year ago. And they’ve come back a little bit.”

The Standard & Poor’s Case-Shiller Home Price Indices are constant-quality house price indices for the United States. There are multiple Case-Shiller home price indices: A national home price index, a 20-city composite index, a 10-city composite index, and twenty individual metro area indices.

The indices are calculated from data on repeat sales of single-family homes, an approach developed by economists Karl Case, Robert Shiller and Allan Weiss.

So, is it time to buy a home?   

If the above calculations aren’t enough, don’t forget that; Mortgage Interest Rates Are Still At Historic Lows. Just because you could have had a 30-year fixed rate loan at 4.75 percent last November and this past February doesn’t mean you shouldn’t try to refinance now that interest rates are just over 5 percent. This is still an amazing interest rate for the long-term and if you don’t refinance or buy now, you’ll soon wish you had.

Market Report by Karl Hess

And don’t forget; Home Prices Are At Generational Lows. Right now, home prices are in a state of fluctuation. They’re rising (slightly) in some areas and falling in others. But just because home prices might fall before they rise again shouldn’t keep you from making an offer on a home as long as you find the right house at the right price on the right terms.

So, one more time; is it time to buy a home?  Yes, it is!

Karl Hess, Real Estate Agent Ocean County

JD Power Rates Keller Williams #1 Karl Hess

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Open House Ocean County

Homes For Sale in Ocean County with photos and maps  

Barnegat Lighthouse

There are no scheduled open houses in Ocean County for this weekend, December 25th or 26th. Check back next week for the schedule that includes Stafford Township, Lacey Township, Berkeley Township, Toms River Township and Barnegat.

For a complete, up-to-date Open House Ocean County schedule go OpenHouseOceanCounty.com.

Ocean County, NJ is extraordinarily diverse; the county has a total area of over 900 square miles. Over 600 of it is land and almost 300 square miles is water. It is the second largest county by area in New Jersey. Much of the county is flat and coastal, possessing many great beaches, but there are also State and National Parks located throughout the area, including the Pine Barren Forests.

With some 3000 acres of beaches and nature trails, the sprawling enclave of Island Beach State Park dominates the central part of the county’s coast. It should be at the top of any nature lover’s itinerary. Island Beach State Park is the perfect place for bird watching and hiking on self-guided trails

To its north, Seaside Heights, Seaside Park, and Point Pleasant Beach are classic shore towns with rides, arcades, amusements, and plenty to do. To the south is Long Beach Island, with its numerous seafood restaurants, great crabbing, and the Barnegat Lighthouse and Long Beach Island museums.

Ocean County is located 50 miles east of Philadelphia, 70 miles south of New York, and 25 miles north of Atlantic City, NJ, making it a prime destination for residents of these cities during the summer.

If you’re interested in buying, selling or investing in Real Estate in Ocean County or anywhere along The Jersey Shore, click on TheJerseyShoreHomeFinder.com and get free access to thousands of home listings.

 Ocean County BeachIf you’d like to keep up with the very latest real estate market conditions in your neighborhood or anywhere in Ocean County and on The Jersey Shore, click here.

Looking for something do this weekend in Ocean County or just want to keep up with current events? The Jersey Shore News will keep you informed with local community information and happenings.

 Ocean County, NJ and Jersey Shore Homes and Real Estate – Get free access to all listings with photos in Ocean County including waterfront, beachfront and water-view homes on The Jersey Shore.

Karl Hess, Your Real Estate Agent on The Jersey Shore

JD Power Rates Keller Williams #1 Karl Hess

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For Sale by Owner Market Trends

For Sale by Owner Trends

This Month in Real Estate – The latest real estate trends including For Sale by Owner

Market ReportThis Month in Real Estate is a monthly video news series that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on your local real estate conditions, please click on Home Values in Ocean County NJ for the very latest in real estate trends and analysis for your neighborhood.

This month’s video discusses why the number of For Sale By Owner listings has dropped from 11 percent to 9 percent. To view the 2 minute video, click here.

Karl Hess, Your Real Estate Agent on The Jersey Shore

JD Power Rates Keller Williams #1

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Open House Toms River

Open Houses in Toms River with pictures and maps.  

There are two Open Houses in Toms River this weekend; both are townhomes and both are under $220,000.  So, if your ouToms River Mapt shopping at the Ocean County mall, stop by!  

Here is a list of the Open Houses Toms River with map and photos for Sunday, Dec 18th, 2010. 

Here is a complete list of all Toms River Homes for Sale.   

If you’re interested in buying, selling or investing in Real Estate in Ocean County or anywhere along The Jersey Shore, click on TheJerseyShoreHomeFinder.com and get free access to thousands of home listings.  You can also elect to receive daily updates of any new listing that come on the market.  This service is completely free and can be stopped at anytime with a click of a button. 

If you’d like to keep up with the very latest real estate market conditions and trends in your neighborhood or anywhere in Ocean County, go to http://homevaluesinoceancountynj.com/ 

Looking for something do this weekend in Ocean County or just want to keep up with current events? The Jersey Shore News will keep you informed with local community information and happenings. 

Toms River Sailboat SunsetWhile you’re going to open houses in Toms River, you may want to start thinking about getting a “buyers agent.”  Why do you need a “Buyers Agent?”  Many buyers seem to have the “I want to go it alone” mind set.  I always have to ask why? Since the seller pays the buyer’s agent, the service is essentially free to you, the buyer. 

Going it alone creates more risk for home buyers: A lot of buyers fail to wrap their arms around representation issues. Buyer’s agents are not paid just to search the MLS and unlock doors. We are certainly there to help you find a home, but beyond that we are there to represent you during negotiations, coordinate very important matters such as inspections, appraisals, the walk-through, and the myriad issues that can come up during the contract period. The hard work starts AFTER the home is found, not before. 

 The unrepresented home buyer: This is the single largest financial transaction that most people will ever make. Do you really want to enter into such a transaction unrepresented? Further, chances are, you are up against a pro that has a fiduciary obligation to represent their client – the seller. 

“But I can save a bundle on commissions….”  First, you are not paying any commission. And second, does the seller’s agent have ANY reason to lower the price just so you can save money?  No, the seller’s agent responsibility is to his client.  My responsibility is to you. 

So, while you’re looking at Open Houses in Toms River, remember: 

A Buyer’s Agent will:  

– Protect YOUR best interest
– Protect YOUR negotiating position
– Advise and give informed opinion to assist in the transaction
– Help YOU to get the BEST deal on the home 

JD Power Rates Keller Williams #1  

 

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Open House Lacey Township, NJ

Open Houses in Lacey Schedule for Dec 12th, 2010

There are three Open Houses in Lacey Township this weekend; on Bermuda Drive of Lacey, another on South Lakeside Drive, and thirdly, on Indianola Drive, Riviera Section of Forked River.

Here is a list of the Open Houses in Lacey Township with map and photos for Sunday, Dec 12th, 2010.

Here is a complete list of all Lacey Townhip Homes for Sale.

JD Power Rates Keller Williams #1

If you’re interested in buying, selling or investing in Real Estate in Ocean County or anywhere along The Jersey Shore, click on TheJerseyShoreHomeFinder.com and get free access to thousands of home listings.  You can also elect to receive daily updates of any new listing that come on the market.  This service is completely free and can be stopped at anytime with a click of a button.

If you’d like to keep up with the very latest real estate market conditions and trends in your neighborhood or anywhere in Ocean County, go to http://homevaluesinoceancountynj.com/

Looking for something do this weekend in Ocean County or just want to keep up with current events? The Jersey Shore News will keep you informed with local community information and happenings.

 While you’re going to open houses in Forked River, you may want to start thinking about getting a “buyers agent.”

Why do you need a “Buyers Agent?”  Many buyers seem to have the “I want to go it alone” mind set.  I always have to ask why? Since the seller pays the buyer’s agent, the service is essentially free to you, the buyer.

Going it alone creates more risk for home buyers: A lot of buyers fail to wrap their arms around representation issues. Buyer’s agents are not paid just to search the MLS and unlock doors. We are certainly there to help you find a home, but beyond that we are there to represent you during negotiations, coordinate very important matters such as inspections, appraisals, the walk-through, and the myriad issues that can come up during the contract period. The hard work starts AFTER the home is found, not before.

The unrepresented home buyer: This is the single largest financial transaction that most people will ever make. Do you really want to enter into such a transaction unrepresented? Further, chances are, you are up against a pro that has a fiduciary obligation to represent their client – the seller.

“But I can save a bundle on commissions….”  First, you are not paying any commission. And second, does the seller’s agent have ANY reason to lower the price just so you can save money?  No, the seller’s agent responsibility is to his client.  My responsibility is to you.

So, while you’re looking at Open Houses in Lacey, remember:

 A Buyer’s Agent will:

– Protect YOUR best interest
– Protect YOUR negotiating position
– Advise and give informed opinion to assist in the transaction
– Help YOU to get the BEST deal on the home

Karl Hess, Your Real Estate Agent on the Jersey Shore

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Open House Bayville, NJ

Open House in Bayville, Berkely Township Schedule for Dec 12th, 2010

There are three Open Houses in Bayville this weekend; on Montgomery Street, Bayville, Harbor Inn Bayville "Lighthouse"Road, Bayville and Jibsail Drive, Bayville.  

Here is a list of the Open Houses Bayville with map and photos for Sunday, Dec 12th, 2010.

Here is a complete list of all Bayville Homes for Sale.

If you’re interested in buying, selling or investing in Real Estate in Ocean County or anywhere along The Jersey Shore, click on TheJerseyShoreHomeFinder.com and get free access to thousands of home listings.  You can also elect to receive daily updates of any new listing that come on the market.  This service is completely free and can be stopped at anytime with a click of a button.

 JD Power Rates Keller Williams #1

If you’d like to keep up with the very latest real estate market conditions and trends in your neighborhood or anywhere in Ocean County, go to http://homevaluesinoceancountynj.com/

Looking for something do this weekend in Ocean County or just want to keep up with current events? The Jersey Shore News will keep you informed with local community information and happenings.

 While you’re going to open houses in Toms River, you may want to start thinking about getting a “buyers agent.”  

Why do you need a “Buyers Agent?”  Many buyers seem to have the “I want to go it alone” mind set.  I always have to ask why? Since the seller pays the buyer’s agent, the service is essentially free to you, the buyer.

Going it alone creates more risk for home buyers: A lot of buyers fail to wrap their arms around representation issues. Buyer’s agents are not paid just to search the MLS and unlock doors. We are certainly there to help you find a home, but beyond that we are there to represent you during negotiations, coordinate very important matters such as inspections, appraisals, the walk-through, and the myriad issues that can come up during the contract period. The hard work starts AFTER the home is found, not before.

 The unrepresented home buyer: This is the single largest financial transaction that most people will ever make. Do you really want to enter into such a transaction unrepresented? Further, chances are, you are up against a pro that has a fiduciary obligation to represent their client – the seller.

“But I can save a bundle on commissions….”  First, you are not paying any commission. And second, does the seller’s agent have ANY reason to lower the price just so you can save money?  No, the seller’s agent responsibility is to his client.  My responsibility is to you.

So, while you’re looking at Open Houses in Bayville, remember:

A Buyer’s Agent will:

– Protect YOUR best interest
– Protect YOUR negotiating position
– Advise and give informed opinion to assist in the transaction
– Help YOU to get the BEST deal on the home  

For a complete list of Open Houses in Ocean County, go to www.OpenHouseOceanCounty.com

Karl Hess, Your Real Estate Agent on the Jersey Shore

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Open House Toms River

Open House in Toms River Schedule for Dec 12th, 2010 Read the rest of this entry »

Buyer Agency

A few simple things to understand about buyer agency... Read the rest of this entry »
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