Ann Delaney Beach Blog

Month: October 2007

  • 2008 Rental Season

    Our repeat tenants are anxious to confirm their plans for next summer, and we are hearing from new tenants just starting their search.  The search on our web site only displays properties if the owner has confirmed rates and availability for 2008.  If you own a local rental property and would like to offer it through Power Play Realty, please let me know.  Your business is appreciated.

    If you are a prospective tenant, send me an e-mail with your requirements.  I will send you links (pictures/information) for properties that match your request.  The dreary weather is coming and a planned beach vacation will definitely help you cope!

    ann@anndelaney.com  or 800-682-5940

  • Mother Nature

    It’s so frightening to watch the news reports about the wild fires in the San Diego, California area.  We were out there just 1 week ago, so the images are very familiar. Heartbreaking…

    Every location has its share of natural events: hurricanes, mud slides, wild fires, earth quakes, tornados, floods, blizzards, etc.  For each beautiful area in the country, there is an associated weather issue. We prefer to focus on positive side, and hopefully, are smart when dealing with the reality of Mother Nature.

  • East Coast vs. West Coast

    Just returned from a week’s vacation in the San Diego area.  We are so fortunate to live by the beach, and naturally make comparisons as we travel to other coastal communities. Southern California wins on the weather- low humidity and comfortable, sunny days almost year round. 

    But as I looked up from the rocky beach to the homes hanging on the edge of the cliffs- with obvious erosion below- I thought about the successful efforts by Avalon and Stone Harbor to maintain the environment while respecting property rights.  The controversy about the construction in the dunes seems minor when compared with the development issues on the west coast. 

    californiabeach.jpg

  • Prices and Percentages

    I follow a segment of the Florida market, and have watched values drop 20% from the height in 2005.  The property that I own was purchased in 2001, and even with the decline, has increased in value an average of 10% per year- so still a good investment.  Plus, the intangible benefit of personal use.

    We have experienced a similar trend at the Jersey Shore.  The peak of our market was late 2004 through 2005.  Values have dropped an average of 20% from the peak- with exceptions for unique locations.  New construction remains the most popular real estate in our market, and has maintained a stronger position- down just 10%.

    Future?  I am confident in my Florida location because it’s located in a “name brand” community.  I feel the same about my year round home here on the island.  Both are popular areas and will continue to attract interested buyers who want to own in beautiful locations!

  • Gossip from the Shore

    The Avalon Sunoco Gas Station is closed.  The repair crew is relocating to the end of Avalon Blvd.  The 220′ X 110′ parcel is owned by Sun Oil.  Not certain of their plans for the site.

    Henny’s Restaurant is closing, too. The liquor license was sold to the owner of the Shelter Haven project (corner of 96th and Third Avenue).  Best guess is that Henny’s will be torn down and replaced with retail shops on the lower level, with residential condos above.  The Shelter Haven parcel has been vacant for many years- so it will be a step forward to see it improved.

    The restaurant addition next to Fred’s Liquor Store is still in limbo.  We were looking forward to another quality eating establishment along 96th Street- maybe next year.