Under construction: the Avalon boardwalk (including the ramp)starting at 32nd Street to just past the Community Hall. The building on the right is the Fishing Pier Grill.Â
I wonder if the feral cats were placed in temporary shelters?? There’s a scary bunch that hang out by the Community Hall parking lot!
I have a picture in my office of an adorable group of young children ;) on the 25th Street beach in Avalon- taken early 1960’s. The boardwalk was in place, but beach access was literally “under the boardwalk”.
That was before dune grass  plantings and feral cats forced us to go up and over!Â
The Borough of Avalon recently added lattice below the boardwalk adjacent to the 28th Street parking area- guessing it’s to stop blowing trash.
Updated market stats for Avalon, Stone Harbor, and Sea Isle City are posted on the Power Play Realty web site:
http://www.powerplayrealty.com/pages/market-statistics-updated-avalon-stone-harbor-sea-isle-nj
There is also a link to a Multiple Listing search for all of Cape May County on the “Sales” page.
Any questions? I appreciate the opportunity to help! ann@anndelaney.com
Important information if you own a condominium along the shore:
Lenders must review and approve the master condominium insurance policies prior to a sale- and the same guidelines apply whether it’s a 2 unit building,  or a 60 unit complex.
According to FHA guidelines, the condominium association is required to maintain Hazard Insurance equal to 100% of the current replacement costs. The condo buyer must obtain an HO-6 Policy for “walls in” coverage.
The master Flood Insurance coverage must be equal to the Hazard Insurance coverage (replacement costs), or up to $250,000 per unit, whichever is less. Â
If the insurance coverage is not adequate, the loan will be denied. It’s in the best interest of a condominium association to conform with industry requirements so that units can be sold- critical to maintaining real estate value.
Check with your insurance agent for additional information.
Weird winter weather…a major thunderstorm tonight at the shore.
On the plus side: the rain is rinsing road salt off our cars and “ocean” salt off our windows!
It’s funny…but also sad. 6:30pm- home from work, finished dinner, and already changed into the attractive flannel pants!
I’m looking forward to daylight at the end of the work day to encourage a more productive evening.  62 days until Spring …but who’s counting.
Walking on the beach in time to watch the sunrise this morning- another mild day at the shore!
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I’m counting on the combination of spring fever and cabin fever to bring customers to our office today 🙂
For many of us, visits to Cape May are limited to the beach side promenade or one of the many popular restaurants.
Now that my mother lives in Cape May full time, I am better able to appreciate the character of this charming city.
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If you enjoy looking at houses (and who doesn’t?), walk the side streets around town. There are gingerbread cottages, Victorian mansions, and grand old beach homes. The upkeep must be overwhelming- it takes a special person to respect the history of a home and live with imperfection!
For guided tours and special events in Cape May, visit: http://www.capemaymac.org/index.html
Temperatures are expected to soar in to the 40’s over the next few days!
That will help with sale and rental activity during the 3 day weekend 🙂
Mortgage Interest Rates
Rate sheets e-mailed to me today from several area lenders: 30 year fixed rate for loans less than $417,000 available for 5%.  Jumbo loans (over $417,000) have a slightly higher rate of 5.5%. For loans greater than $750,000, the rate is 5.875%. The adjustable rates are more attractive for the higher loan amounts- 4.75% range.
One company promotes a special 2nd home loan program with just 10% down.
I have good contacts with local representatives for the major mortgage companies if you are considering refinancing or buying new. ann@anndelaney.com