Real Estate in 2024

I’m excited about the optimism from economists and lenders regarding the 2024 real estate market

Several key factors:

Interest rates have improved, and we expect further rate reductions next year.

Vacation home ownership remains a dream for so many.

The ability to rent out a shore home provides financial options for buyers.

Avalon and Stone Harbor are “brand names” with established market stability.

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I live here…I work here…and I have 40+ years of full time experience selling and renting local real estate.

Thank you for the opportunity to help with your plans!

ann.delaney@tksir.com

609-967-7950

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2024 Vacation Rental

Search our website Tim Kerr Sotheby’s International Realty for 2024 vacation rentals in Cape May, Stone Harbor, Avalon, and Sea Isle City!

My speciality is Avalon and Stone Harbor, and I am happy to assist with your plans.

609-967-7950 or ann.delaney@tksir.com

Thank you for your business!

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Up in the air…

For structurally solid homes, elevating is an option to bring a building up to code.

Elevation is a major component of the process of obtaining building permits for substantial renovations.

If the structure does not meet the current elevation codes, the owner must either elevate or build new.

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November Snow?

A quick snow squall over the island this morning. I guess winter is REALLY coming…

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Real Life Lessons

With every personal real estate experience, I learn valuable lessons.

When I rent a vacation home, I can better relate to the needs of our summer renters.

As a landlord, I understand the hard work that goes into preparing and maintaining a rental property.

I’ve purchased and sold several primary and second homes, and appreciate the emotional side of those transactions.

The financial aspects of real estate ownership are important, and my experiences include participating in a 1031 Tax Deferred Exchange, understanding depreciation, calculating capital gains, passive losses, deductions, etc.

I live here…and work here…and provide a “lifetime of experience” to all of my customers.

Thank you for your business!

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2024 Vacation Planning

Family gatherings are an ideal time to discuss a future beach vacation!

Search our website for ideas: Tim Kerr Sotheby’s International Realty

And, reach out to me to help with your selection. I am familiar with our inventory of homes and condos, and happy to provide more details for the best fit.

ann.delaney@tksir.com. or 609-967-7950

Thank you for the opportunity!

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Thanksgiving = Christmas!

The number of Avalon and Stone Harbor Thanksgiving weekend events continues to grow year after year.

Other than the need for winter coats, the busy streets will resemble an early summer weekend!

For the full schedule of activities, check out The Seven Mile Times publication.

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Licenses for Rental Properties

Our local municipalities require annual inspections and licenses for all rental properties.

And, although it can be cumbersome for landlords to comply with the ever changing list of regulations, the ultimate goal is to ensure a safe rental experience for the tenants.

The benefit of a thorough inspection was validated after reading the news article about a tragic fire in the Hamptons. Devastating.

During the summer months, rental agents often trouble shoot the annoying beep of a smoke or CO detector. Owners may be frustrated that an electrician is needed to properly resolve the issue; mainly because hardwired detectors are purposely linked so that all alarms will sound.

Our priority must be compliance with all of the code requirements, as well as a quick response to safety concerns. It’s sad when a tragedy reinforces this fact.

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Shore Life

I am fully aware that I have a unique life.

Yesterday, after my regular morning walk on the beach, I rode my bike to work.

My out of the office business tasks were a just short ride away (the perks of working on an island), and allowed me to enjoy the perfect weather.

My husband and I ate dinner out on the deck. Then we walked down to the beach to watch the full moon rise over the ocean, and over to the bay to see the remaining sunset colors in the sky.

I definitely do not take any of this for granted.

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Saturday Morning Views…

The path to Stone Harbor Point, NJ
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