Ann Delaney Beach Blog | Life on 7 Mile Beach (Avalon, Stone Harbor, NJ) and its amazing real estate market.

September 29, 2013

Mortgage Interest Rates

Mortgage loans are classified as conventional (less than $417,000) and jumbo (loans above $417,000). Â In the past, interest rates for jumbo loans were higher than those for conventional mortgages.

Now, lenders are advertising rates 1/4 to 1/2 percent lower for jumbo loans.

Another nice boost for the shore real estate market.

If you would like to talk to an area mortgage representative regarding a purchase or re-finance, I am happy to provide recommendations.

Posted in Seashore Real Estate | Comments closed

September 29, 2013

Fall Sunsets

By ann

Darker in the morning (catching EVERY sunrise on my daily beach walk) and earlier sunsets. Â Not a fan of the shorter days…but loving the views!

Posted in Life at the Shore | Comments closed

September 28, 2013

What’s Selling?

By ann

There are a total of 79 properties sale pending (under contract) inÂ AvalonÂ and Â Stone Harbor, NJ, with settlements scheduled in the near future.

The properties range in price from $168,000 (an efficiency apartment on Third Avenue in Stone Harbor), to $6,995,000 (an ocean front tear down in the south end of Avalon). The median asking price is $1,085,000.

There are 46 properties sale pending in Avalon; 33 in Stone Harbor. Â Single family homes represent 47 of the 79 total, with a median list price of $1,595,000. Â There are 23 condo/townhouse units pending, with a median list price of $669,000. Â The remaining 9 are a mix of multi- family and vacant lots.

An active market!

Please let me know if I can help with your real estate plans: Â ann@anndelaney.com

I appreciate your business and referrals.

September 28, 2013

Another Beautiful Weekend

By ann

A perfect September. Expectations equally as high for October 🙂

Posted in Life at the Shore | Comments closed

September 28, 2013

Tis the Season

By ann

The off season is an ideal time to visit our beach neighbors. Â Yesterday, a leisurely bike ride along the Ocean City boardwalk…and a stop at Manco’s Pizza.

Interesting perspective of the ocean front homes (many new) along the way. Â Like here, the tear down trend continues.

Posted in Seashore Real Estate | Comments closed

September 24, 2013

Island Life

By ann

Question: “When you live at the shore…where do you go on vacation?”

As much as we love and appreciate our surroundings, it’s still our place of work. Â So after a busy summer season, it’s time to look forward to a vacation.

Not surprising- we are drawn to other beach/island locations. Â With specific conditions: not too crowded, a nice beach, not too commercial (wait- that sounds like Avalon and Stone Harbor!)

We have traveled to many beautiful desinations over the years- with a week on a low key Caribbean island in our near future 😉

Posted in Life at the Shore | Comments closed

September 24, 2013

Power Play Books

By ann

Look for our new Sale/Rental book in the Power Play Realty distribution boxes located around the island (including one directly in front of our office).

Posted in Seashore Real Estate | Comments closed

September 23, 2013

Deck Furniture

By ann

Glad to see that many property owners have secured or removed deck furniture as their use declines. Â An early fall storm is not uncommon. And last October, Sandy forced shore owners to rush down or hire someone to batten down the hatches.