November 2023 Newsletter | Laricks Real Estate

Hello November!

As November sweeps in with its crisp air and vibrant colors, we're excited to bring you our monthly newsletter to keep you informed, inspired, and connected. This month we invite you to dive into the warmth of gratitude, share in the spirit of Thanksgiving, and explore a treasure trove of content designed to help you find your place.

Sea Isle City Market Update 

Currently Under Contract in Sea Isle City

Sold in Sea Isle City in the past 30 days

 Joanne's Thoughts...
 Here's the latest in the Sea Isle City market.  HOUSES ARE STILL SELLING!  In fact, 11 units have gone under contract in the past 14 days. 

We're seeing that the new and newly renovated units have the highest demand. Conversely, units that are not up to date with what is trending have a much lower demand.  As a result, the value spread between the "newer" and "older" units is increasing.  With this value spread, I am seeing an opportunity for sellers to improve their units and get a return on their investment.  In some cases, a seller is getting a $2 return for each $1 invested. 

To help sellers do this, Compass has a Concierge program that is extremely powerful!  Call me and I can explain more.

Talk to me about creative financing options to make your dream of a beach house a reality!

Mortgage Minute 

To follow up on Joanne's point; on a national level New Home Sales, which measure signed contracts on new homes, rose 12.3% from August to September to a 759,000-unit annualized pace. This was much stronger than the estimates and the highest level in a year. The lack of existing homes for sale has caused many buyers to explore new construction options.

As has been the case for the last 12 months or so, mortgage rates are a factor. US Bank has some great options available for our JUMBO clients as well as our first-time home buyers. 

Please give me a call to evaluate which program best fits your situation.
Thanks 
Michael Jamison
Mortgage Loan Originator NMLS# 460193
O: 609-493-1951 | M: 609-425-7284| mike.jamison@usbank.com

Featured Listings

Sea Isle City

2806 Landis Avenue, Unit NORTH

5 BD   4.1 BA   0 SF   $2,299,000

View Property

Sea Isle City

8000 Pleasure Avenue, Unit TOP

4 BD   2.1 BA     $1,699,000

View Property

Sea Isle City

105 88th Street, Unit WEST

4 BD   3 BA     $1,999,000

View Property

Sea Isle City

225 82nd Street, Unit REAR

4 BD   2.1 BA     $1,249,000

View Property

Sea Isle City

6103 Central, Unit NORTH

5 BD   3.2 BA      $1,749,000

View Property

Sea Isle City

117 78th Street, Unit WEST

4 BD   3 BA      $1,449,000

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Sea Isle City

8005 Landis Avenue, Unit NORTH

5 BD   5 BA      $1,815,000

View Property

Sea Isle City

137 61st Street, Unit A

5 BD   4 BA   2188 SF   $1,749,000

View Property

Sea Isle City

358 47th Place, Unit 1

3 BD   3 BA      $1,575,000

View Property

Sea Isle City

147 43rd Street

5 BD   4 BA   3155 SF   $2,375,000

View Property

Local Happenings

United Methodist Church FOOd Cupboard 

The Food Cupboard helps those with food insecurities and with obtaining things that are not covered by food stamps. 

When: Saturday, Nov. 1st -November 20th 
Where: United Methodist Church 
4102 Central Ave, Sea Isle City
Contact: 609.263.3353
Details:
 Items can be dropped off at our lobby and they are looking for non-perishables, like rice, pasta, canned soups, canned fruits, etc., and toiletries such as toilet paper, toothpaste, feminine products, diapers, and formula.  
*Cash donations are also appreciated or checks made out to the church.

vETERAN'S dAY     cEREMONY 

When: Saturday, Nov. 11
Time: 11-12pm 
Where: Veterans Park
26 John F. K Blvd.
Sea Isle City 
Details: 
Event Flyer

fall girls weekend

Mark your calendar now for our popular Fall Girls Weekend! Shop for the holidays, get some amazing deals and enjoy the season in Sea Isle City.

When: Friday, Nov. 17- Sunday, Nov. 19th 
Time: During business hours at participating stores. 
Contact: 609.263.9090
Details: Girls Weekend 

Kix Annual SIGNATURE Pajama Party 

When: Saturday, Nov. 18
Time: 8:00 am -3:00pm
Where: Kix
120 63rd Street
Sea Isle City 
Contact: 609.263.6341
Details:
https://www.kixseaisle.com/

Sea Isle City Shop Small Weekend 

When: Friday, Nov. 24- Sunday, Nov.26th 
Time: During business hours at participating locations 

Contact: 609.263.9090
Details:
seaislechamber.com

Winter Village 

Live Music 
Ice Skating
Holiday Vendors
Pictures with Santa
Much More 

When: Friday, Nov. 24-Saturday Nov. 25th 
Time: 11 am Friday to 11 pm Saturday  
Where: Ludlam Hotel, Bar & Grill
4006 Landis Avenue
Sea Isle City
Contact: 609.486.2179
Details: Event Flyer

Holiday Parade &  
Mayors Tree Lighting 

Holiday Parade
When: Friday, Nov. 24
Time: 6-7 pm
Where: Along Landis Avenue 
Sea Isle City 
Contact: 609.263.8687

Mayor's Tree Lighting
When: Friday, Nov. 24 after the parade
Time: 7-7:45 pm
Where: Excursion Park 
Sea Isle City 
Contact: 609.263.4461 

Real Estate in the News

Is Your House Too Big for You?

How to tell if you actually need that McMansion - and what to do next.

Courtesy of U.S. News

Lifestyle Tips and Tricks

Take your Decor from Halloween to Thanksgiving

With two major holidays in one season, the price to decorate your home can quickly rack up. Keep costs (and waste) low but style high with transitional decor ideas that will carry you through the Holiday Season.

Courtesy of HGTV

Ultimate Living Room Design Do's and Don'ts

Having a living room that can do it all doesn't have to be hard! Follow these design rules and yours will be in tip-top shape in no time.

Courtesy of HGTV

2024 Wellness-Enhancing Smart Home Trends for your Kitchen

Many of the amenities found in the latest kitchen trends are empowered with smart home technology...

Courtesy of Forbes

Rent or Own? Which is the Best Housing Choice in Retirement?

The secret to living large in a tiny bedroom is in the details. 

Courtesy of Forbes

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Dustin Laricks

Associate Broker
M: 609.335.9442
dustin.laricks@compass.com

Office: 212-913-9058

Compass RE is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.