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Happy March! Spring is upon us! Read on for homeowner seasonal tips to consider and discover lifestyle tips curated just for you! |
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Sea Isle City Market Value Update |
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Dustin's Market Minute |
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"What do I think about the market in Sea Isle City?"
I think that the more important question is "where do our values go from here"? 47.5% is unsustainable and I am already beginning to see the appreciation rate come down in several homes that I currently have under contract. |
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Mike Jamison's Mortgage Minute |
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I agree with Dustin that the 47.5% appreciation rate is unsustainable although we would all like to see that rate continue. Also to add, the quality of loans over the last 10 to 11 years has increased dramatically. We went from very little documentation and closing loans sometimes in as little as 3 days to our current system of underwriting and processing. For a while the penduline swung way too far in the direction off over documenting the mortgage loans. We have come back to somewhat of a “Happy medium” with closing times more in the time frame of 30 days. If you have gone through the loan process recently you may not agree with the “Happy Medium” but trust me the documentation is not as intensive as it was. All that being said yes the buyers of properties in the last 10 years are less leveraged and can certainly hold their properties for a while if they choose. On the rate side In his testimony before Congress, Fed Chair Jerome Powell said he still expects a ¼ point Fed policy rate hike at this month’s u pcoming meeting. Remember that directly affects the short term rates on credit card debt, equity lines and the like. Our 30 year JUMBO rate is still holding at 2.875% (2.911% APR). If you have any questions or would like a rate quote please give me a call at (609) 425-7284 |
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Real Estate in the News |
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Investing in the Metaverse Real Estate Boom There’s a land rush happening — and it’s not in New York City or Beverly Hills. Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the real world. They are investing in metaverse real estate, a concept mind-boggling to most people. So, what exactly is the metaverse? Technologists say the metaverse is the next level of the internet. It’s a virtual reality platform where people can play games, connect with friends, attend meetings, and even go to virtual concerts. But h ow much does it cost virtual land buyers? |
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Featured Listings |
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Upcoming Events in Sea Isle City |
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SHRINERS HOSPITAL FOR CHILDREN FUNDRAISER Date: Friday, March 11, 2022 Time : 6:00pm to 10:00pm URL: http://www.kixseaisle.com Phone: 609-263-6341 Address : Kix McNutley's 120 63rd Street Sea Isle City, NJ 08243 |
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ST. PATRICK'S DAY PARADE Date: Saturday, March 12, 2022 Time: 3:30pm Phone: 609-263-6341 609-486-6035 Address: 83rd & East Landis to 63rd & Landis Sea Isle City, NJ 08243 Details: Mayor Desiderio and his family will host Sea Isle City’s 2022 Saint Patrick’s Day Parade on Saturday, March 12, starting at 3:30 PM. The annual “Irish Strut” will begin at 83rd Street and East Landis Avenue, and then continue north on Landis Avenue to 63rd Street, where it will end. The parade will feature music, representatives from local civic groups (including VFW Post 1963 and Boy Scout Troop 76), and many revelers wearing eye-catching attire. Spectators lining the parade route will also enjoy Sea Isle’s 2022 Irish-American Man and Woman of the Year, the 2022 Irish Prince and Princess, McGruff the Crime Dog, and Miss New Jersey contestant Rachell Diaz, of Middle Township. Those who would like to appear in Sea Isle City’s Saint Patrick’s Day Parade can phone 609-263-6341 or 609-486-6035 for more information. |
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NATIONAL VIETNAM WAR VETERANS DAY Date: Tuesday, March 29, 2022 Time: 12:00pm Phone: 609-263-8687 Address: Veterans Park JFK Blvd. & Landis Ave. Sea Isle City, NJ 08243 |
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Lifestyle Tips & Tricks |
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34 Easy St. Patrick's Day Crafts That You Can Make With Your Family March means St Patrick’s Day! Country Living has created a list of great crafts to decorate your home in green and gold. Craft ideas range from beginner to semi-professional so there’s something for everyone to create! These adorable crafts will get you in the St. Patrick’s Day mood in no time. |
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How to Combine Decorating Styles for a Cohesive Look |
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8 Traditional Irish Desserts for Celebrating St. Patrick's Day There's no reason you can't enjoy Irish desserts year-round, whether you have an Irish heritage or not. Whether you're celebrating St. Patrick's Day or just looking for a satisfying, classic Irish dessert, these scones, shortbreads, and cakes will hit the spot. |
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To check out who we are and some more fun facts, check out our Blog below! |
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