Not just selling shore homes, selling a shore way of life. Your resource for the best homes, hotspots, & happenings in Margate, Ventnor, & Atlantic City.

Wednesday, January 7, 2009

New Year's Cheer for a Great Year

Happy New Year everyone...2008 was a great year!
We closed out the year with 72 units representing just under $30 million dollars in sales. Just more proof that the smart buyers know that South Jersey is the right place to invest their money.
Congratulations to:

Sareh & Bijen on the purchase of their home in Margate
Bob & Val on the purchase of their townhouse in Brigantine
Gina on the sale of her townhouse in Brigantine
Jack & Sharon on sale of their home in Margate
Dot on the sale of her house in Northfield
Buyer & Sellers ALERT!!!

Mortgage rates have been hovering between 4.5%-$5.5%. These are the lowest rates in
37 years!!!. Buyers continue to come to the shore scouting out the best buys on the market. Now that includes the money they can borrow. Sellers who held off listing their homes during the holidays, have started bringing their homes on the market as of January 1. It's a great time to sell with eager Buyers that can obtain great mortgages.
Homes Are Selling!!!

In recent weeks, Seller and Buyers that I represent have made or received offers that have been accepted:

Single Family Home in Margate - priced $800-$859k- closing in Jan.

Single Family Home in Atlantic City - priced $900-975k - closing in Feb.
Condo In Longport - priced $900-975k - closing in Feb.

(Please note: actually prices can not be disclosed until after settlement)

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