Category Archives: Jersey Shore Rentals

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

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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

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

March 2012 Market Update

March 2012 Market Update

Opportunities in the housing market continue to grow for buyers and sellers. Home affordability, driven mostly by record low interest rates, is among the lowest it has ever been. According to the National Association of Realtors, and based on national averages, the payments on a home today represent 12.8% of the median household income. This is both a good sign for those looking to purchase a home, and for the economy overall as consumers are keeping more money in their pockets.

If you’re a seller, the housing market shows signs of transitioning from a buyers’ market to a more balanced one. This means that home owners should start to see prices stabilize and begin to grow, presenting more favorable opportunities for those looking to sell their homes. In regards to the number of homes on the market, a key indicator of the health of the housing market, Lawrence Yun, NAR chief economist, said, “The broad inventory condition can be described as moving into a rough balance, not favoring buyers or sellers.”

With continuing job creation, the improving housing sector, and signs that the banks are beginning to lend more, 2012 looks to offer promising opportunities to both those looking to buy or sell a home.
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Posted in Bradley Beach Information, bradley beach real estate, Buyers, CMA, Competitive Market Analysis, home price, home sales, inventory, jersey shore real estate, Jersey Shore Rentals, 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 | Leave a comment

This Month in Real Estate: January 2012 Market Update

2012 shows signs of an improving housing market as the U.S. economy continues its forward-moving yet slow road to recovery. Although there are economists projecting housing prices will decline further, aided by distressed property sales that sell at a greater discount, these prices are expected to rebound considerably later in the year and continue into 2013.

Factors that continue to impede a speedier recovery in the housing are consumer confidence, job-growth uncertainty, and tough lending standards that keep many otherwise qualified buyers from financing a home purchase. However, consumer confidence may be showing signs of improvement according to a report released by Fannie Mae on December 7, which revealed that consumer sentiment toward home prices is stabilizing and that, for the first time in six months, more people believe that prices will soon begin to rise. This is an encouraging development, as much of our economic vitality depends upon the overall confidence of the consumer, and could trigger even stronger home sales as more people feel confident that prices will go up.

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

Year in Review: Real Estate Trends in 2011, Predictions for 2012

2011 was the year of rentals, and 2012 shows this trend will continue to increase.
Patrick Parker Realty can help you list your rental property. Or, if your a renter, you can contact us to find the perfect property for you. Our community is ripe for rentals and we have the local know-how to get you, and find you, the perfect deal! Continue reading

Posted in Bradley Beach Information, bradley beach real estate, Bradley Beach rentals, home price, home sales, inventory, jersey shore real estate, Jersey Shore Rentals, New Jersey Real Estate, New Jersey Real Estate Trends, preparing your home for sale, pricing, pricing your home to sell, Real Estate Market Trends, Real Estate News, Real Estate Trends, Rental Market, Sellers | Leave a comment