Awesome New Construction Active Adult Community Barnegat,NJ

Venue at Lighthouse Station in Barnegat, NJ by Lennar Homes

Recently I visited a fantastic new home community in Barnegat, NJ at exit 67 on the Garden State Parkway.  This community is just off the exit giving you easy access to points North and South.  Lennar homes is one of the premier home builders in the country and this community is very impressive.

Model home at Venue at Lighthouse Station in Barnegat, NJ.

If you are looking for a brand new home in a 55 and over community in NJ consider Venue at Lighthouse Station.  The quality of the homes is fantastic and better than most of the other new home communities I’ve seen.  They also have several fantastic layouts to choose from.  Basements are an option which is nice for extra storage space.  The community has homes on one level and also offers second floor options.

There are 3 model homes up now available to tour and 4th one is going up now.  The new model will have two master suites offering a great set up for multi generational families.  Home prices start in the $300,000 range and the homes come very nicely equipped for the price.  Of course there is a club house with a pool and fitness center.  If you are interested in new construction or would like to schedule a tour of this community.  Please contact us below.

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Commercial Real Estate Retail Update In Atlantic County, NJ

Businesses closing, opening and moving in Atlantic County, NJ

You may have noticed an increase in commercial real estate activity recently.  New businesses are opening, and moving to larger locations.   In this post I’m going to focus in on a few moves.

The Black Horse Pike area of Egg Harbor Township and Mays Landing has seen many new activities.  New businesses have moved into the Wal Mart shopping center in Egg Harbor Township.  Along the English Creek area a new Dunkin Donuts drive through opened and Mavis Discount Tire.  In Mays Landing a new strip mall center opened with a new Starbucks drive through and Sleep Number Store.  Across the street from that is the new Outback Steak House.

Earlier this month JC Penny Officially closed it’s doors at the Hamilton Mall location in Mays Landing.  This leaves the mall without two anchor stores.  Sears also closed last year.  Burlington Coat Factory is moving its location from Harbor Square in Egg Harbor Township to Consumer Square in Mays Landing.

One of my favorite restaurants Nizam’s also moved it’s location recently to a larger and nicer location in front of Harbor Square.  If you are a business owner there are many opportunities in Atlantic County to start and grow a business here.  Contact us for a no obligation consultation.

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Egg Harbor Township, NJ Real Estate Market Trends

Here's an update on what's happening in the Egg Harbor Township Real Estate Market.

Here’s an update on the trends in the Egg Harbor Township, NJ real estate market.  This chart compares February 2019 with February 2018.  New listings were down 12.8%. Closed sales were also down slightly from 36 units to 33 units.  Days on Market decreased to 70 days.  Median Sales Price went up to $184,000. Up 1.4% from the previous year.  Percentage of list price received also went up to 98.2% of list price.

To interpret this it means that inventory is down and prices are up slightly.  This means we are moving slowly from a buyer’s market toward a seller’s market.  If you are thinking about selling your Egg Harbor Township home it may be a good time to consider selling now.  Also, If you’ve been waiting to buy a home now is a great time to buy before prices continue to increase.  I’f you’re considering buying or selling a home in Egg Harbor Township please contact us for a free consultation.

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Real Estate Market Update For Mays Landing, NJ

Here is the latest update for the real estate market for Mays Landing, Hamilton Township, NJ Atlantic County

So first let me say that this update is for Hamilton Township (AKA Mays Landing), Atlantic County, NJ.  There are two Hamilton Townships in NJ so if you are looking for Atlantic County in South Jersey you’ve come to the right place!  Mays Landing is located about 20 minutes east of Atlantic City and Ocean City.  Mays Landing is also the regional shopping and retail hub of the county and home to The Hamilton Mall and many other strip centers and chain restaurants.

Here is an update for the Hamilton Township real estate market.  New listings were down slightly for December.  Closed sales were up.  Days on market was down to just 63 days.  The median sales price was lower for the month however it is up 14% year to date to a median sales price of $173,250.

This report also takes a look at condos and townhomes in Mays Landing.  New listings were down for the month and median sales price is up 21%.  Monthly supply of inventory is up slightly to 6 months.


If you or someone you know is thinking of buying or selling real estate in Mays Landing please let us know. We can help them analyze the real estate market in their neighborhood to see if this is a good time to buy or sell for them.

Your award winning real estate team!

Thank you to our clients, friends, family, and colleagues for your support of our business.  At The Haviland group almost all of our business is referral based.  We are blessed to work with great clients each year.  Once again we have received awards form the NJ Association Of Realtors.  Matthew earned the silver award and Richard earned the Bronze award.  Combined The Haviland Group had 67+ transitions sides and over $12 million in sales volume.  And it’s important that you know we always have time for more clients.  Who do you know that needs expert help from on one of the top real estate teams in NJ? .

Why You Should Buy Or Sell A House In Atlantic County Right Now.

There are many reasons to buy and sell a home right now in Atlantic County, NJ.  Let’s take a look at this from the perspective of home buyers and sellers.

Home Buyers In Atlantic County, NJ.

  1.  Interest rates are still low.  You still have great buying power.
  2. Atlantic County, NJ home prices are on the rise in many of our communities as inventory is shrinking.  Purchase now before prices go up.
  3. Right now there are less buyers looking for homes in the winter.  Less buyers means less competition and you are less likely to get in bidding wars with other buyers.  You can often negotiate a great price and terms this time of year.

Home Sellers In Atlantic County, NJ

  1. Right now inventory is lower in Atlantic County.  If your neighborhood has no other homes for sale or just a few for sale this could be a great time to sell before more homes come on the market in the Spring.
  2. If you are moving up to a larger home this is the perfect market to move up to something bigger.  Demand for lower price homes in the $200,000 range and below is high.  Demand for higher priced home is not as great.  That means you can get top dollar for your home and get a great deal when you purchase your next home.
  3. Rates remain low.  Higher interest rates mean less buying power for home buyer.  If rates go up home prices will go down.  Sell now before any likely interest rate hikes occur.

Figuring out when to buy and sell a home ultimately depends on your circumstances and situation.  Contact me for a free consultation.  I can ask a few simple questions to help you determine if this is the right time to buy or sell for you.

Best wishes,

Matt

Should I get a real estate attorney when buying or selling in NJ?

Here are 5 reasons to hire an attorney when buying or selling a home in NJ.

As a real estate agent I often get asked from buyers or sellers should I hire an attorney?  In NJ having an attorney is not required.  There is a difference in how closings are handled in North Jersey versus South Jersey.  If you are in North Jersey it’s customary for an attorney to handle everything in the transaction including title search and handling the closing.  If you’re in South Jersey title companies typically handle the closing and title work.  Regardless of what part of NJ you are buying or selling a home, here is my list of 5 reasons you should consider hiring an attorney.

  1.  Real estate agents can’t give legal advice.  Real estate agents can go over the contingencies of a contract but they can’t give legal advice.  Only an attorney can advise you on legal matter.
  2. Inspection Negotiations.  Attorneys can help in negotiating acceptable inspection terms.  Often a well drafted letter from an attorney can be more well received if it is coming from an attorney rather from an agent or home buyer or seller.
  3. Review of contract terms.  Your real estate agent will most likely be using standard New Jersey Association of Realtors contract forms.  These work well for most homes however every home and circumstance is unique.  It’s wise to have an attorney review the terms of the contract during the three day attorney review period once the contracts are fully signed.  During this time an attorney can cancel, or revise a contract on behalf of a home buyer or seller.
  4. Review of contract deadlines.  Attorneys will also help keep track of important deadlines in a real estate transaction to help ensure your agent does not miss any important deadlines.
  5. Problems at the closing table.  At the day of closing there can be problems.  In my experience there are two common problems.  The first is the seller not moving out all their personal items in time for closing and the second is repair issues.  Sometimes a new repair issue is discovered at closing.  For example the air conditioning is not working properly.  An attorney can help successfully negotiate agreeable terms for the buyer and seller and make sure they are legally protected if such a problem would occur at closing.

We have worked fantastic attorneys.  We would be happy to recommend one to you depending on your location and circumstances.  Contact us and we’ll be happy to recommend an attorney for you.

 

What’s The Best Real Estate App?

We review the pros and cons of real estate apps and look at the new KW app.

What's The Best Real Estate App

My KW.com app.

Everyone has an App these days.  Banking, social media and even your favorite restaurants all have apps.  They are convenient ways to stay connected and offer many conveniences.  So when it comes to real estate Apps which one is best?

There are many large real estate websites that all have apps.  And most of them work very well.  Apps like Realtor.com, Zillow, Trulia etc.  provide similar home search functions and capabilities.  They are connected to GPS so when you are driving around or walking around you simple open your app and you’ll see all the homes for sale around you.  You’ll also see photos, prices and details.

Here is the biggest problem with these apps… they are not connected to a local agent.  These apps are not connected to a local real estate expert who is looking out for your needs and best interest.  So if you have a question or want more details on a property you may be connected to the listing agent but most of the time you’ll be sent to an agent who has paid to advertise on the app that may know nothing about the property at all.

My app also has a map function where you can draw the area you are interested in and it will pull up all available homes.

So what’s the best real estate app?  Mine of course!  My KW app allows my clients and friends and family to have all the features and benefits of the big name real estate apps with a connection to a local agent who is looking out for your best interest.  My app works nationwide.  And if you’re looking at home outside of my area of coverage I can connect you with a local agent anywhere in the country through our network of over 150,000 highly trained agents.

For 2019 our app will be totally redesigned with direct connection to every Multiple Listing Service in the country we will have the most accurate data for our customers.  If you would like a great real estate app connected with a great real estate agent download my free app now.  When the new version of the app is released your app will automatically be uploaded to the new version.  Click here to download now or Text
KW2JXSUJJ to 87778.

Best wishes, Matt

Real Estate Market Update For Egg Harbor Township NJ

Here’s a quick look at the real estate market for Egg Harbor Township, NJ from our latest research report.  Home price do vary on a monthly basis as often time one high or low priced home can skew the numbers.  Here are the important numbers to look at for single family homes.  Inventory is down nearly 5%.  Home prices are up 2.3% year to date.  Days on market is down to 71 days on market year to date and just 55 days on market for the month of November.  Closed sales are up nearly 8% year to date.Real Estate Market Update For Egg Harbor Township NJ

 

For condos and townhomes prices are up year to date by nearly 30%.  The number of closed sales is down 32% year to date.  Egg-Harbor-Township-December2108marketupdate

If you or someone you know if buying or selling a home in Egg Harbor Township, NJ contact me for customized market report based on your specific criteria and location.

Use a Mortgage Payment Calculator to Help Find Your Atlantic County, NJ Home

Mortgage Payment Calculator

When it’s time to buy a home, chances are you’ll need to find a lender and get a mortgage approved. It’s ideal to know ahead of time the maximum amount you’ll qualify for from your chosen lender. After you know how much of a loan you can get, and you begin house hunting, you’ll need to find out just how much a house will cost before you make an offer. So, how do you figure this out you may ask? This is where mortgage payment calculators come in.

When you can plan a budget before you buy a home you can save yourself a lot of time and potential money. By providing some basic information about a listing you’re interested in, with a mortgage payment calculator, you can get an estimate of the overall costs of a property, or several properties if you’re looking to compare.

Mortgage Payment Calculator for Atlantic County NJ

As an online resource, mortgage calculators can also give you an idea of what type of loan you may want to apply for. Through showing you variables, which impact mortgages such as interest rates and down payment amounts, you’ll be equipped to determine the best home loan budget for you. With the help of a mortgage payment calculator for buying a house in Atlantic County, NJ, you can get insight into what to expect, including taxes or HOA fees if they’re applicable.

As a home buyer, one of the best decisions you can make is to educate yourself about the process and how each step will affect you. You’ll have a lot of decisions to make; these are major financial and lifestyle decisions worth taking the time to understand so you can buy with confidence and be happy in your new home. When you utilize a tool such as a mortgage payment calculator you give yourself a valuable resource, knowledge.

Mortgage Calculator

You can find mortgage calculators through different lender and real estate sites, or check out the mortgage calculator below to begin. When it’s time to buy a home, work with a Realtor® who has a passion in helping their clients find solutions towards achieving their home dreams. Get the conversation started with Matt Haviland, give him a call today at 609-338-3773 or send him an e-mailThe Haviland Group and Keller Williams Realty are here to help you find the right home from start to finish.

MortgageCalculator.org

Free Mortgage Calculators