2201 Rever Blvd. Brigantine NJ 08203 A- Zone Single Family Home
July 28, 2009
 |
 |
| Make a Smilebox slideshow |
Weekly Mortgage Rate Sheet for Trident Mortgage…
July 21, 2009
TRIDENT MORTGAGE COMPANY
WEEKLY RATE SHEET
Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com
July 21, 2009
Loan Amounts to $417,000* 1pt 0 Points
30 Year Fixed 5.000% 5.375%
15 Year Fixed 4.500% 4.750%
30 Year FHA 5.125% 5.375%
1pt 0 Points
3/1 ARM 3.750% 4.000%
5/1 ARM 4.000% 4.250%
Loan Amts $417,000 to $1M 1pt 0 Points
30 Year Fixed 6.000% 6.250%
15 Year Fixed 5.250% 5.500%
3/1 ARM 4.500% 4.750%
5/1 ARM 4.500% 4.750%
The programs and rates listed above are just a few of the loan programs
available thru Trident Mortgage.
Trident Mortgage has loan programs to suit all of your clients needs.
*Interest rates are subject to change without notice. Rates may vary based on borrowers qualifications.
**Rates do not apply to loans already locked.
Please call the Petridis Team to help you with your real estate purchase. Direct line for Peter Petridis from Prudential Fox and Roach Realtors is 609-377-4023. We are available to show you all the homes in the area. If you are looking for a primary home or a second home at the shore this is the time to purchase your next home.
Short Sale! Best Buy in Brigantine! 2101 W. Brigantine Ave. Brigantine NJ 08203 Just Reduced to $549,000 for a Quick Sale!
July 19, 2009
A-Zone corner home wtih Courtyard & 2 Car Garage on a 90 x 100 lot. This home is only 1.5 blocks to the beach and located in the center of town. Gas heat, Central air, Family room with built-in Fireplace, Dining room, 6 Bedrooms. This is a very large home that can accomodate many guests.
Short Sale - Alert, great investment opportunity for a vacation home or rental income producing property.
Market Conditions - Galloway Homes sold, for sale, under contract June 2008 to June 2009
July 12, 2009
|
Galloway |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$263,381 |
$235,000 |
$-23,381 |
-10.8 |
|
Sold Median Price |
$248,000 |
$205,750 |
$42,250 |
-17 |
|
Sale |
628 |
580 |
-48 |
-7.6 |
|
Under Contract |
48 |
39 |
-9 |
-18.8 |
|
Sold |
52 |
34 |
-18 |
-34.6 |
|
Absorption |
11.2 |
12.9 |
1.7 |
15.3 |
Statistics
Galloway, NJ
-Sale Median Price June 2008 was $263,381 compared to $235,000, decrease of $23,381
-Sold Median Price June 2008 was $248,000 compared to $205,750, decrease of $42,250
-Unit Sales for June 2008 was 628 compared to 580 in June 2009, an decrease of 48 units
-Units UCT June 2008 was 48 compared to 39 in June 2009
-Units Sold June 2008 was 52 compared to 34 in June 2009, a decrease of 18 units
-Absorption June 2008 was 11.2 compared to 12.9 in June 2009, a decrease of 2 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Market Conditions - Homes for Sale, Sold, Under Contract for Absecon NJ June 2008 to June 2009
July 12, 2009
|
Absecon |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$275,000 |
$234,950 |
$-40,050 |
-14.6 |
|
Sold Median Price |
$184,500 |
$245,000 |
$60,500 |
32.8 |
|
Sale |
189 |
158 |
-31 |
-16.4 |
|
Under Contract |
10 |
10 |
0 |
0 |
|
Sold |
12 |
11 |
-1 |
-8.3 |
|
Absorption |
15.6 |
13.8 |
-1.8 |
-11.5 |
Statistics
Absecon, NJ
-Sale Median Price June 2008 was $275,000 compared to $234,950, decrease of $40,050
-Sold Median Price June 2008 was $184,500 compared to $245,000, decrease of $60,500
-Unit Sales for June 2008 was 189 compared to 158 in June 2009, an decrease of 31 units
-Units UCT June 2008 was 10 compared to 10 in June 2009
-Units Sold June 2008 was 12 compared to 11 in June 2009, a decrease of 1 units
-Absorption June 2008 was 15.6 compared to 13.8 in June 2009, a decrease of 2 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Market Statistics - Homes for Sale, Sold & Under Contract for Egg Harbor Township for June 2008 to June 2009
July 12, 2009
|
EHT |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$299,000 |
$268,000 |
$-31,000 |
-10.4 |
|
Sold Median Price |
$305,000 |
$235,000 |
$-70,000 |
-23 |
|
Sale |
845 |
810 |
35 |
-4.1 |
|
Under Contract |
59 |
38 |
-21 |
-35.1 |
|
Sold |
59 |
41 |
-18 |
-50 |
|
Absorption |
12.3 |
18.9 |
6.6 |
54 |
Statistics
Egg Harbor Township NJ
-Sale Median Price June 2008 was $299,000 compared to $268,000, decrease of $31,000
-Sold Median Price June 2008 was $305,000 compared to $235,000, decrease of $70,000
-Unit Sales for June 2008 was 845 compared to 810 in June 2009, an incr. of 35 units
-Units UCT June 2008 was 59 compared to 38 in June 2009, a decrease of 21 units
-Units Sold June 2008 was 59 compared to 41 in June 2009, a decrease of 18 units
-Absorption June 2008 was 13 compared to 19 in June 2009, an increase of 7 month
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Homes for Sale, Sold, Under Contract for Longport NJ June 2008 to June 2009
July 11, 2009
|
Longport |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$1,149,500 |
$969,500 |
$-180,000 |
-15.7 |
|
Sold Median Price |
$1,300,000 |
$2,700,000 |
$1,400,000 |
107.7 |
|
Sale Units |
104 |
112 |
8 |
7.7 |
|
Under Contract |
4 |
2 |
-2 |
-50 |
|
Sold |
3 |
3 |
0 |
0 |
|
Absorption |
23.5 |
51.5 |
28 |
119.1 |
Longport NJ 08401
-Sale Median Price June 2008 was $1,149,500 compared to $969,500, decrease of $180,000
-Sold Median Price June 2008 was $1,300,000 compared to $2,700,000, inccrease of $1,400,000
-Unit Sales for June 2008 was 104 compared to 112 in June 2009, an incr. of 8 units
-Units UCT June 2008 was 4 compared to 2 in June 2009, a decrease of 2 units
-Units Sold June 2008 was 3 compared to 3 in June 2009
-Absorption June 2008 was 24 compared to 51 in June 2009, an increase of 28 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Home for Sale Median Price, Sold Median Price, Under Contract and Absorption Rate for Margate NJ
July 11, 2009
|
Margate |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$650,000 |
$599,900 |
$-50,100 |
-7.7 |
|
Sold Median Price |
$450,000 |
$370,553 |
$-79,437 |
-17.7 |
|
Sale |
434 |
480 |
46 |
10.6 |
|
Under Contract |
16 |
17 |
1 |
6.2 |
|
Sold |
24 |
12 |
12 |
-50 |
|
Absorption |
23.5 |
24.9 |
1.4 |
5.9 |
Statistics
Margate NJ 08401
-Sale Median Price June 2008 was $650,000 compared to $599,900, decrease of $50,100
-Sold Median Price June 2008 was $455,000 compared to $370,553, decrease of $79,437
-Unit Sales for June 2008 was 434 compared to 480 in June 2009, an incr. of 46 units
-Units UCT June 2008 was 16 compared to 17 in June 2009, a increase of 1 units
-Units Sold June 2008 was 24 compared to 12 in June 2009, a increase of 1 units
-Absorption June 2008 was 24 compared to 25 in June 2009, an increase of 1 month
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Market Statistics for Ventnor NJ - June 2008 to June 09
July 11, 2009
Ventnor
|
|
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$395,000 |
$374,900 |
$-20,100 |
-5.1 |
|
Sold Median Price |
$355,000 |
$342,750 |
$-12,250 |
-3.5 |
|
Sale |
525 |
545 |
20 |
3.8 |
|
Under Contract |
15 |
11 |
-4 |
-26.7 |
|
Sold |
14 |
16 |
2 |
14.3 |
|
Absorption |
30.5 |
45.2 |
14.6 |
48 |
Statistics
Ventnor NJ 08401
-Sale Median Price June 2008 was $395,000 compared to $374,900, decrease of $20,100
-Sold Median Price June 2008 was $355,000 compared to $342,750, decrease of $12,250
-Unit Sales for June 2008 was 525 compared to 545 in June 2009, an incr. of 20 units
-Units UCT June 2008 was 15 compared to 11 in June 2009, a decrease of 4 units
-Units Sold June 2008 was 14 compared to 16 in June 2009, a decrease of 2 units
-Absorption June 2008 was 31 compared to 45 in June 2009, an increase of 15 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
Market Conditions and Statistics for Atlantic City NJ - June 08 to June 09
July 11, 2009
Atlantic City
|
|
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale |
1,044 |
1,093 |
49 |
4.7% |
|
Under Contract |
21 |
28 |
7 |
33% |
|
Sold |
20 |
18 |
-2 |
-10% |
|
Absorption/months |
46 |
35 |
-11 |
-23% |
Statistics
Atlantic City NJ 08401
-Unit Sales for June 2008 was 1,044 compared to 1,093 in June 2009, an incr. of 49 units
-Units UCT June 2008 was 21 compared to 28 in June 2009, a decrease of 7 units
-Units Sold June 2008 was 20 compared to 18 in June 2009, a decrease of 2 units
-Absorption June 2008 was 46 compared to 35 in June 2009, decrease of 11 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
See this Brigantine Home Listing
To search for a property for sale in the area click here: Search Local MLS Listings
Let's get together and talk about your >South Jersey experience. If you are a buyer, we can help you find the perfect home or condo for you in the South Jersey Shore Home area. If you are selling a home we can simplify the process for you. We can prepare a Comparative Market Analysis - CMA for your home and let you know what your home actual home value is in this market. Call Peter or Beverly Petridis at the office 609-264-7304, or on our cell phone 609-377-4023. We will set-up a time that is easy and convenient for you to meet.