Archive for February 2015

Ocean County Open House, March 1, 2015

Open House in Ocean County with photos and maps for Sunday Mar 1, 2015 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and all of Ocean County (These are the only scheduled Open Houses in Ocean County for this Sunday).

Click here to set up your own Open House Alerts in the areas in which you’re interested. No more searching for Open Houses, you’ll get notified immediately! Below is the complete list of Open Houses in each town for Mar 1, 2015.

Click on the links below to access photos and maps for every open house for the specific town in which you are interested.

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience. Get a positive, helpful consultant for buying or selling a home in Ocean County:
  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond
  • Has the Market Stabilized? – contact me for the very latest in Market Trends and Analysis

There are over 200 open houses in Ocean County this weekend. Here is a map of all Open Houses in Ocean County for March 1, 2015:

 

Map Open House Ocean County Mar 1 2015PNG

 

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Low Inventory Affecting Home Sales

U.S. home resales fell sharply to their lowest level in nine months in January amid a shortage of properties on the market, a setback that could temper expectations for anacceleration in housing activity this year.

The National Association of Realtors said on Monday existing home sales declined 4.9 percent to an annual rate of 4.82 million units, the lowest level since April last year.

Sales fell in all four regions. Revisions to sales data going back to 2012 were minor. Sales slumped last month despite a decline in mortgage rates, which saw the 30-year rate hitting a 20-month low.

Tight inventories are hurting sales by limiting the selection of houses available to potential buyers. The lack of supply is also keeping house prices elevated, helping to sideline first-time buyers from the market.

There is hope that a tightening labor market would spur sturdy wage growth and pull first-time buyers into the market. But unless there is a significant pickup in the number of homes available for sale, the housing recovery could remain sluggish.

www.TheJerseyShoreHomeFinder.com

Economists polled by Reuters had forecast existing home sales falling only to a 4.97-million unit pace last month. Sales were up 3.2 percent from a year agUp down grapho.

Last month, the inventory of unsold homes on the market slipped 0.5 percent from a year ago to 1.87 million. It was the second straight year-on-year decline. According to the Realtors group, supply should be rising by at least 10 percent.

Economists say insufficient equity and uncertainty about the economy’s strength were forcing potential sellers to stay in their homes.

A survey by the Realtors group showed homeowners on average staying in their homes for 10 years instead of the typical seven years.

At January’s sales pace, it would take 4.7 months to clear houses from the market, down 2.1 percent from a year-ago. A six months’ supply is viewed as a healthy balance between supply and demand.

The is little hope that supply will increase in the near-term. Data last week showed groundbreaking for single-family home projects fell sharply in January. Permits for future single-family home building also declined.

The shrinking supply of previously owned homes lifted the median home price 6.2 percent in January to $199,600 from a year ago. The pace, which had been slowing after double-digit growth for much of 2013, appears to be reaccelerating, which will further reduce affordability.

As reported by Reuters at: http://in.reuters.com/article/2015/02/23/us-usa-economy-housing-idINKBN0LR1DE20150223

Ocean County Supply and Demand Report

For 1/23/2015 To 2/23/2015

Property Type: Residential
County: Ocean
MLS Total
Current Active Listings
Number
5,046
List Price Volume
1,814,766,498
List Price Average
359,645
Average Days on Market
120
Total Sold
Number
435
List Price Volume
106,846,249
List Price Average
245,624
Sale Price volume
101,847,691
Sale Price Average
234,133
Average Days on Market
91
Under Contract Listings
Number
688
List Price Volume
172,634,396
List Price Average
250,922
Average Days on Market
94
Back On Market Listings
Number
0
List Price Volume
List Price Average
Expired Listings
Number
544
List Price Volume
193,567,620
List Price Average
355,823
Average Days on Market
199
Withdrawn Cancelled Listings
Number
216
List Price Volume
66,174,993
List Price Average
306,366
Average Days on Market
144

For more information; contact Karl Hess, Keller Williams Realty, Jersey Shore Homes @ 609-553-7926 or 732-942-5280, ext 133

Information is deemed to be reliable, but is not guaranteed. © 2015 MLS and FBS. Prepared by Karl Hess on The Jersey Shore in Ocean County on Monday, February 23, 2015 12:56 PM.

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Ocean County Open House February 22, 2015

Open House in Ocean County with photos and maps for Sunday Feb 22, 2015 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and all of Ocean County (These are the only scheduled Open Houses in Ocean County for this Sunday).

Click here to set up your own Open House Alerts in the areas in which you’re interested. No more searching for Open Houses, you’ll get notified immediately! Below is the complete list of Open Houses in each town for Feb 22, 2015.

Click on the links below to access photos and maps for every open house for the specific town in which you are interested.

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience. Get a positive, helpful consultant for buying or selling a home in Ocean County:
  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond
  • Has the Market Stabilized? – contact me for the very latest in Market Trends and Analysis

Here is a map of all Open Houses in Ocean County for Feb 22, 2015:

 

 

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Open House Ocean County Feb 15, 2015

Open House in Ocean County with photos and maps for Sunday Feb 15, 2015 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and all of Ocean County (These are the only scheduled Open Houses in Ocean County for this Sunday).

Click here to set up your own Open House Alerts in the areas in which you’re interested. No more searching for Open Houses, you’ll get notified immediately! Below is the complete list of Open Houses in each town for Feb 15, 2015.

Click on the links below to access photos and maps for every open house for the specific town in which you are interested.

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience. Get a positive, helpful consultant for buying or selling a home in Ocean County:
  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond
  • Has the Market Stabilized? – contact me for the very latest in Market Trends and Analysis

Here is a map of all Open Houses in Ocean County for Feb 15, 2015:

 

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Open House Ocean County, February 8, 2015

Open House in Ocean County with photos and maps for Sunday Feb 8, 2015 in Barnegat, Bayville, Brick, Jackson, Forked River, Lanoka Harbor, Waretown, Stafford Twp, Toms River, Beachwood, Point Pleasant, and all of Ocean County (These are the only scheduled Open Houses in Ocean County for this Sunday).

Click here to set up your own Open House Alerts in the areas in which you’re interested. No more searching for Open Houses, you’ll get notified immediately! Below is the complete list of Open Houses in each town for Feb 8, 2015.

Click on the links below to access photos and maps for the specific town in which you are interested. You’ll also see a complete list of all open houses in Ocean County below the individual municipalities.

Most Open Houses will take place between 12:00 PM and 3:00 PM, so use the maps provided in the links to plan your day…or call me and I’d be happy to set up an exclusive “tour of homes” at your convenience. Get a positive, helpful consultant for buying or selling a home in Ocean County:
  • Trusted resource for answers about the process
  • Innovative marketing strategies
  • Expertise about neighborhood features
  • Ability to target home searches
  • Strong negotiation skills
  • Support through the closing and beyond
  • Has the Market Stabilized? – contact me for the very latest in Market Trends and Analysis

Here is a map of all Open Houses in Ocean County for Feb 8, 2015:

 

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