2008 Market Stats

The 2008 Market Stats for Stone Harbor, Avalon, and Sea Isle City are available on the Power Play Realty web site:

http://www.powerplayrealty.com/pages/market-statistics-updated-avalon-stone-harbor-sea-isle-nj

Quick summary- The total number of units sold peaked in 2005; the average sale price peaked in 2006.  Townhouse/condominium sale values have remained fairly level due to the more reasonable price range.  Single family home values have dropped between 15- 25% depending on the location.  In 2008, new construction accounted for 20% of Stone Harbor sales, and 10% of Avalon sales. Most area builders switched their focus from building for spec to private building contracts. 

The local architects and builders are also reporting more requests for renovation projects versus new construction. 

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Back to Real Estate

house.jpg  2009…time to focus on the positives aspects of our industry.  We all need a place to live (and dream of a place for vacation and down time).  For most of us, real estate is our largest assest (even if it’s worth a few dollars less than 3 years back).  Real estate offers the option to generate rental income; and provides welcome tax deductions and a sense of security.

To view sale inventory in the Cape May County area, visit:  www.powerplayrealty.com  and click on the MLS Search at the bottom of the home page.             Or send me your “wish list” (ann@anndelaney.com),  and I will help narrow down the options.  I appreciate your business!

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South Jersey v. North Jersey

eagles.jpg  This weekend’s playoff game is a true test of the state border.  If you are cheering for the Philadelphia Eagles, you likely vacation in one of the shore towns south of Atlantic City.  The New York Giants?  Long Beach Island and the northern beaches are your preferred destinations.

May the best beach area (I mean team) win  🙂

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Snow Showers

snow.jpg  It didn’t last…but we had a quick snow shower this afternoon.  Now the sun is out just in time for a colorful sunset.  Hopefully, winter 2009 will be mild!

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New Year’s Eve at the Shore

newyearsurfers.jpg  The man on the right was giving the man on the left a surfing lesson this morning!  These were not kids- I’m guessing that both qualify for an AARP card. They said the water was “just right”.  The wife of the man taking the lesson thought July would have been better option.  🙂

newyears.jpg  As predicted, the winds are picking up (an understatement) and the temperatures are dropping.  Owners are arriving for the long weekend- the business districts in Avalon and Stone Harbor are very active- always good to see.

Happy New Year! 

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That’s Better

sunrise.jpg  The power of the sun is amazing (I guess that’s why the snowbirds head to Florida this time of year). The temperatures are cool today, but the warm sun reflecting off of the ocean made it just right for my walk.

Hopefully the weather will be reasonable for New Year’s weekend.  Several local restaurants will be open (not just WaWa), and on New Year’s Day (Thursday), the Stone Harbor 96th Street shops will be open for their popular annual sale.  Hope to see you around town!

 

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Sunday Sights

The Philadelphia news stations predicted a windy and a balmy day- heading to 65 degrees.  At the shore, the strong southerly winds carried in dense fog- dropping our temperatures considerably.  Today’s weather reminds me of a typical early spring day.  The sun is trying to burn off the fog- but without success- just swirls of moisture against the gray sky.

fog.jpg    I couldn’t see more than a 1/2 block ahead as I walked on the beach.  I returned soaked through…glad to be be home to warm up!

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Dashing Through the Sand

december.jpg  Need to work off a few Christmas cookies?  If you will be in the Avalon, NJ area Saturday, 12/27 (tomorrow), sign up for Dashing Through the Sand 2008: a 5K fun run and 2 mile walk.

Registration opens at 7am at the Avalon Community Hall (30th and Avalon Avenue); race starts at 9am.

Proceeds benefit The Craig Kenneth Lozier Memorial Scholarship fund.  UPDATE- The race was a great success.  Over $5000 raised for the scholarship. 

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Seashore Santa

  santa2.jpg  Santa– the lifesize painted, cut out version- has been an important part of Christmas for as long as I can remember. 

Santa began his life of service in the early 1960’s at my parents’ first house in Avalon.  He was surrounded by big, multi-colored bulbs on the newly planted shrubs.  Inside that modest rancher, 4 little girls hung their stockings on a cardboard fireplace with a plug in red bulb that magically turned the metal wheel to create “fire” .

In the 1970’s, Santa moved with our family 5 blocks south in Avalon to a larger, 2 story home with a real wood fireplace.  The colorful exterior lights were eventually replaced with more subtle white bulbs, but the spot light literally remained on Santa.

In the off season, Santa hung proudly on the garage wall- watching us all come and go.  Those little girls grew up and moved out, bringing back grandchildren for days on the beach.  In the 1980’s, my young sons were fascinated by Santa, and maybe a bit intimidated based on our attempts to use him for improved behavior!

When my parents downsized to a townhouse in the early 1990’s, my father asked if I wanted Santa for our home.  I was of course thrilled- and Santa didn’t complain as he was forced to leave Avalon and move “off shore”. 

Santa loyally followed us on each move- knowing that he would be given a prominent position (with a flood light) at Christmas.   A few years ago, he gratefully moved back to the island to become a Stone Harbor resident! 

Now approaching 50 years old, Santa is showing some signs of wear (aren’t we all).  I thought about asking an artist to do a “touch up”, but it just doesn’t seem right.   It’s good to remember that so much time has passed- it helps us to celebrate the journey. 

Merry Christmas!

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Baby It’s Cold Outside…

cold.jpg  Yep, it’s as cold as it looks.  Took a refreshing walk on the beach this afternoon.  Glad to be distracted by the view!

iceonbeach.jpg  That’s ICE on the beach – brrrrrrr. 

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