How To Buy A Home During Covid 19 Pandemic

Join us for episode 4 of our HOME Show.  This week we discussed buying a home during Covid 19 and interviewed clients who successfully found their home and purchased during Covid 19.

We discussed the differences in the home buying process, how offers and contracts are different, and discuss safety while viewing homes.

Join us for our next episode at https://www.facebook.com/havilandgroup/

 

How To Survive And Thrive Financially During A Crisis

Join us for our new live video talk show Thursday April 23rd at 4 PM.

In light of the current crisis, we want to help people survive and thrive financially during this time.  Our new live video show will go over things like what bills to pay when you are limited on income.  We’ll also talk about how to make money and look at employers that are hiring now.  And we will highlight local people and businesses making a difference.

Here is a replay of the show and join us for our next episode at https://www.facebook.com/havilandgroup/

3 Reasons Mays Landing, NJ Is A Great Place To Live.

3 Reasons To Love Living In Mays Landing, NJ.

Recently I’ve had several sales in Mays Landing.  I’d like to take a moment to share 3 reasons Mays Landing is a great place to live.  I’d also like to highlight three great communities I’ve recently had sales in.

Great Location

Mays Landing is located just West of Atlantic City.  It’s about 20 minutes drive to Atlantic City.  An hour to Philadelphia and 2 hours to New York.  Mays Landing is also the regional shopping hub.  Home of Hamilton Mall and major retailers like Macys, Khols, Target, Wal Mart, Hobby Lobby, Home Goods, Bed Bath And Beyond, Best Buy and more.  Mays Landing also is home to many national restaurants such as Longhorn Steakhouse, Buffalo Wild Wings, Olive Garden, Red Lobster, Famous Dave’s, Red Robin, Moe’s, Outback, Chipotle and more.  It’s convenient location makes it a great place to live and have easy access to shopping and activities.

Two of our recent sales in Mays Landing.

Low Tax Rate

Mays Landing has one of the lowest tax rates in Atlantic County.  Their municipal Tax Rate is 0.882 making it one of the lowest municipal tax rates.  Many Mays Landing Homes have taxes under $5,000 per year.

Low Home Prices

Mays Landing also has reasonable home prices.  I’ll give you a few examples.  I recently sold a fantastic 4 bedroom, 3.5 bathroom home in Victoria Pointe for $245,000.  I also sold a beautiful home in a 55 and over community called Tavistock.  The home was 2 bedrooms, 2 baths and sold for $187,000.  And even if you’re looking for something on a lower budget I sold a 3 bed, 2 bath manufactured home at The Fairways for $70,000.  Also if you’re looking for a new home Artists Walk has homes starting in the low $200,000 range.

Mays Landing has a great location, reasonable home prices and low taxes.  If you’re looking for a home consider Mays Landing.  There are a variety of communities to fit your needs.  Contact us for a consultation to see if Mays Landing would be a good fit for you.

 

Margate City, NJ Real Estate Market Update

Here is a quick look at real estate statistics for Margate, NJ for December 2018

Margate is on of my favorite South Jersey Shore beach towns.  I prefer the Ventnor/Margate beaches in the summer because they are not as crowded as Ocean City.  Margate has more year round residents than some of the other shore tows.  Margate is also home to my favorite summer eatery the Margate Dairy & Burger Bar.  So lets take a look at the real estate market for Margate.

Margate City, NJ Real Estate Market Update

For single family homes new listings were down 40% and down 2% year to date.  Closed units were down 20% for the month and 5.5% year to date.  Days on market was just 50 days.  Median sales price was also up 8%.  Inventory of homes for sale is down 9.5%.

Margate City, NJ Real Estate Market Update

For condos and townhomes.  New listing were down slightly.  Closed sales were up 200% for the month and up 2% year to date.  Days on market was up in this category.  Median sales price was up 50% which indicates a few higher priced sales took place.  Median sales price is up 11.8% year to date.  Inventory of condos is down by 11% and months supply of inventory is down to 13 months.

If you or someone you know is looking to buy sell or invest in Margate real estate contact us now.  Inventory is shrinking and prices are on the rise.  This makes it a great time to sell and also a great time to buy before prices increase further.

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.

Keller Williams Realty Atlantic Shore Is The Real Estate Sales Leader In Egg Harbor Township, NJ

The new sales leader in Egg Harbor Township NJ is Keller Williams Realty Atlantic Shore with the highest year to date units and sales volume.

Recently one of our competitors has been advertising as the Egg Harbor Township, NJ real estate sales leader.  I questioned whether this was true and discovered that at one time they were the sales leader however year to date real numbers show that Keller Williams Realty Atlantic Shore is number one in sales volume and sales units.  I have included some charts and graphs to show this.  These are real numbers taken from the South Jersey Shore Regional Multiple Listing Service.

Keller Williams Realty Atlantic Shore units sold in Egg Harbor Township increased 73.68% as of September 21st 2017 compared to year to date numbers from 2016.  165 units have been sold year to date and our next closest competitor sold 131 units.  Units sold is the number one indicator of who the sales leader is in a community and we are dominating that category.

 

Keller Williams Realty Atlantic Shore sales volume increased 53.96% as of September 1st 2017 compared to year to date numbers from 2016.  Year to date sales volume for 2017 is $24,814,297.00 making it number one.  Keller Williams Realty Atlantic Shore is number one in market share also with 16.6% market share  based on units sold.  So the new sales leader is Keller Williams Realty Atlantic Shore and we have the data to prove it.  If you are looking to buy, sell or invest in real estate in Egg Harbor Township, NJ I’m your local home town real estate consultant and I’m happy to help.  Call me at 609-484-9890 ext 132 or send me a message on this site.

Best wishes, Matt

P.S. Here are the actual sales numbers taken from our multiple listing service showing how we stack up against the competition.

YTD Total # Units as of 9-21-17

YTD Total $ Volume as of 9-21-17

YTD 2017 vs YTD 2016 Change in # Units as of 9-21-17

YTD 2017 vs YTD 2016 as of 9-21-17

Real Estate Market Update For Egg Harbor Township, NJ

One of the largest and most popular areas of our region is Egg Harbor Township.  I’d like to highlight some of the interesting market statistics derived from the multiple listing service to help home sellers and buyers in the area be aware of what is going on in the market.

This first chart shows the median for sale price and median sold price.  We look at the February 2017 numbers and then go back to compare those number with a year ago.  The median for sale price did not change.  The median sold price went down by 14%.

Egg Harbor Township, Median for sale and sold price. Feb. 2017.

The second chart shows supply and demand by month for Egg Harbor Township.  The red bar shows the supply of homes for sale and the green bar shows the number of homes sold.  Supply is down by 2% and sold properties are up by 3%.  This is good news for sellers.  You have less competition and more homes selling than this time a year ago.

The last chart shows the average days on the market up by 17% to 88 days on the market.  In this market as a seller you do not want to be average.  Our goal is to sell your home during the peak “window of opportunity” the first 4-5 weeks a home comes on the market.

Who do you know looking to sell or buy a home?  Please call me for a complementary consultation.

Best wishes,

Matt

Supply and demand for Egg Harbor Township, NJ, Feb 2017

Average days on market for Egg Harbor Township, NJ Feb. 2017

The Wildwoods & Diamond Beach Market Statistics For 4th Quarter of 2015

What's happening in the real estate market at The Wildwoods and Diamond Beach 2015

Here is an overview of the real estate market for The Wildwoods and Diamond Beach.  4th Quarter average sales price was $309,101.  This up 3% from the 3rd quarter of 2015 and up .07% from the 4th quarter of 2014.  Median sales price was a$255,000.  That’s a 6% increase from the 3rd quarter and a decrease of 8.8% from the 2014.  204 units sold in the 4th quarter of 2015.  That a decrease of 2.4% from the 3rd quarter and an increase of 8.5% from 2014.  Days on the market has gone down to 132.  That 3 days less than the 3rd quarter and 15 days less than it was a year ago.  Now is a great time to buy, invest and sell at the shore!  For more information on Wildwoods and Diamond Beach Real Estate contact me.  Matt

Wildwoods and Diamond Beach real estate statistics 4th quarter 2015

Wildwoods and Diamond Beach real estate statistics 4th quarter 2015

Ocean City, NJ Market Statistics 4th Quarter Of 2015

What's going on in the Ocean City, NJ Real Estate Market For 2015 4th Quarter.

Here’s what’s happening in the Ocean City, NJ real estate market:

Average sales price of $588,770 has gone down by 1% compared to the 3rd quarter of 2015 and down 1% from 4th quarter of 2014.  Median sales price of $481,000 is down 7% compared to the 3rd quarter and 1% down from 2014.  Sales volume of 222 units sold is down 7% from the 3rd quarter and up 2% from 2014.  Days on market has gone up also to 128 days on market.

Right now is a great opportunity to buy sell and invest in Ocean City.  Please contact me for more information on Ocean City, NJ real estate.  Matt

Market Report For Ocean City, NJ 4th quarter 2015.

Market Report For Ocean City, NJ 4th quarter 2015.