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Take a break from the snow/ice! Come to the shore and put your feet in the sand (at least your sneakers!)Â
Many restaurants and stores will be open for the long weekend. See you around town…
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Take a break from the snow/ice! Come to the shore and put your feet in the sand (at least your sneakers!)Â
Many restaurants and stores will be open for the long weekend. See you around town…
The Borough of Avalon has announced a solution to wayward trash cans after weekend visits: The 15th Street Borough yard will be open to accept household trash and recycle items on Sundays between 12 noon and 5pm- now through May 18th. The Borough will continue this program in the fall on Sundays between September 14th and December 28th. Great idea!
The legislation to adjust the level for “Jumbo Loans” is expected to take effect as early as next week. This is great news for borrowers.  Loans as high as $729,000* will qualify for the lowest interest rate offered (*the loan cap will be calculated on the average sale price in a region- final cap for our area to be determined). This will be a dramatic increase over the current cap of $417,000.
For example, on a $700,000 mortgage, the lower interest rate = savings ranging from $300 to $500 per month.
Talk with your lender for more specifics. I am happy to provide names/contact information for reputable lenders with experience in the Avalon and Stone Harbor market. E-mail request to: ann@anndelaney.com
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I will admit- I was a whimp last week. The cold temperatures and the rain provided daily excuses to skip my walk on the beach…and unfold the treadmill. I convinced myself that I would walk even longer because I could watch TV and be comfortable.
Well, after 15 minutes, I was completely bored. I missed the view (of course), the birds, the roar of the ocean, and the smell of salt air.Â
So, back on track (excuse the pun) this morning. And I was rewarded with an amazing view of the sun over the ocean, and moderate temperatures. Definitely better than TV!
A good soaking rain to wash the road salt off our cars…and Mother Nature’s salt off the windows (at least on the side facing the wind).
Expecting nice weather for the weekend- ideal for the potential tenants and buyers making the trip to the shore to look around.
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A bit of snow at the shore this week- and very cold temperatures. But the sun is out and the ocean and beach look beautiful.
Worth the effort to bundle up for a walk! Â
I’m watching the financial news today. Like most people, I’m not certain of the impact on our corner of the world. The Federal interest rate cut is great news- and we should see the lenders respond with very attractive options over the next week or two.
We are definitely seeing more buyer interest. Because Avalon and Stone Harbor are a seasonal market, it makes sense that buyers are focused on the approaching summer months. This is the ideal time to finalize a selection and make an offer.
We are starting to see activity with sales and rentals as our customer base looks forward to the summer of 2008. There are great options on all levels…so come on down!
Good news for buyers: we expect a slight reduction in the interest rates, too.Â
The island is busy this weekend- and the weather is perfect today for walking around the local shops (and along the beach of course).
Wishing you a wonderful holiday, and a Happy New Year!
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High tide along the Stone Harbor beach. Good day to take off from work, bundle up for a long walk (not cold…but very windy!), and then hang around to read the paper with Christmas music on in the background. Maybe the Eagles’ game will be worthwhile, too?!!Â