Author Archives: Patrick Parker Realty

About Patrick Parker Realty

Patrick Parker Realty, an independent boutique brokerage located in the heart of Bradley Beach is your local market leader. We understand the demands of a changing real estate market and avail ourselves of the latest industry information and tools to ensure excellent results. Our Commitment to You Our seasoned Real Estate Agents are committed to providing all of our clients, from first time sellers to veteran real estate investors, quality and friendly service. We walk you through every step of the sale process offering the guidance, feedback, and expertise needed to ensure your complete satisfaction.

Why Experts Urge Their “5-Year Rule”

Even some veteran renters are looking at today’s housing market and wondering whether it’s time to start an Eastern Monmouth County home search. With prices and mortgage rates as low as they are while rents continue to move higher, the numbers point to home ownership as an ever more obvious choice.

But that’s just the quick, back-of the envelope budget equation: monthly rent vs. mortgage payment less tax savings. If this Summer finds you at the start of your own Jersey Shore home search, many financial advisors recommend that you also consider another rule of thumb – you should plan to stay in your new home for at least five years.
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Posted in Bradley Beach Information, bradley beach real estate, Bradley Beach rentals, Buyers, Financing, home price, home sales, inventory, jersey shore real estate, New Jersey Real Estate, New Jersey Real Estate Trends, Real Estate Market Trends, Real Estate News, Real Estate Trends, Rental Market, Sellers | Tagged , | 1 Comment

How House Sales Fall into Two Categories

Every homeowner can have all sorts of reasons for selling their house. Those in the boomer generation can be in one of the traditional phases of retirement (planning, transitioning, initiating) or perhaps in one of the newly-popular phases (postponing, rejecting).
For them and everyone else, the decision about whether to sell the house falls into one of two categories: those triggered by economic pressures — or all the other reasons. In all cases, being in control of the timing of your house sale will put you in control of the process. That pays off. Continue reading

Posted in Bradley Beach Information, bradley beach real estate, Bradley Beach rentals, Buyers, CMA, Competitive Market Analysis, home price, home sales, jersey shore real estate, Jersey Shore Rentals, New Jersey Real Estate, New Jersey Real Estate Trends, pricing, pricing your home to sell, Real Estate Market Trends, real estate market update, Real Estate Trends, Rental Market, Sellers | Leave a comment

Housing Turnaround Picks Up Steam

Last week’s report indicated that the 5.9% increase was more than three times greater than economists expected. According to the National Association of Realtors in Washington, the index of pending home resales climbed 5.9% to 101.1. This matches the two-year high reached in March. Continue reading

Posted in Bradley Beach Information, bradley beach real estate, Buyers, CMA, Competitive Market Analysis, Financing, home price, home sales, inventory, jersey shore real estate, New Jersey Real Estate, New Jersey Real Estate Trends, pricing, Real Estate Market Trends, real estate market update, Real Estate News, Real Estate Trends, Sellers | Tagged | Leave a comment

Pools Make Jersey Shore-area Home Listings Shine

In today’s super-competitive housing market, it’s good to stand out from the crowd. Whether you add your property to the local home listings next week or plan to do so in the future, a pool will boost its overall value. My summer buyers’ ears always perk up when I mention the next home listing we will visit has a pool. Continue reading

Posted in Bradley Beach Information, bradley beach real estate, Buyers, buying a pool, Home Enhancement, home enhancement, home price, home sales, jersey shore real estate, New Jersey Real Estate, pools, preparing your home for sale, Sellers | Leave a comment

Pools Make Jersey Shore-area Home Listings Shine

At last! To the joy of every child (and most adults) you know, your Monmouth County home has a swimming pool! Whether you just bought the property or have recently installed a pool yourself, this is a feature that’s not … Continue reading

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Cooling Your Home Energy Costs This Summer

This past Memorial Day Weekend marked the first truly HOT days of the season here on the Shore. And many of us automatically fire up the air conditioner. While that may seem like the only way to keep our property from broiling, later — when we open up the next electric bill – we’re reminded once more that it isn’t necessarily the most efficient.

There can be longer-range benefits to battling the heat using a more energy-conscious strategy. If you later decide to put your property on the market, I find it is now common for prospective buyers to ask to see a year or two of utility bills – and you don’t want those to cool your prospects’ enthusiasm!
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Posted in Bradley Beach Information, bradley beach real estate, Energy Savings, Green, Green Your Home, Healthy Living, Jersey Shore Rentals, New Jersey Real Estate, preparing your home for sale, Real Estate News, Rental Market | Tagged , , , , , | Leave a comment

U.S. Home Sales Market on the Rise

According to the National Association of Realtors®, first quarter statistics again point to better home sales figures. This time it was the prices of single family homes that rose in half of the major cities in the United States. Because of the wide differences between regional and state conditions, these figures are never in 100% lockstep, but Eastern Monmouth homeowners should be encouraged by the report’s breadth: prices rose in more than twice as many cities as fell. Continue reading

Posted in Bradley Beach Information, bradley beach real estate, Buyers, CMA, Competitive Market Analysis, home price, home sales, inventory, jersey shore real estate, New Jersey Real Estate, New Jersey Real Estate Trends, pricing, pricing your home to sell, Real Estate Market Trends, real estate market update, Real Estate News, Real Estate Trends, Sellers | Tagged | Leave a comment