Margate NJ Hot Sheet Listings - Searching for New Homes Just Listed on the Market or Homes that had a Price Change?
November 1, 2009
Hot Sheet Listings for Margate NJ 08203 - Follow this link to see new listings that come on the market in Margate and Listings that had a Price Change. Save this link to your favorites to see any new activity for Margate Real Estate on a daily basis. Enjoy this new feature and let us know if you have any questions.
http://www.southjerseyshorehome.com/Margate-Hot-Sheet-Listings
Please contact The Petridis Team at Prudential Fox and Roach Realtors direct at 609-377-4023.
Margate Market Statistics for September 2009 compared to 2008 - Sale Median Price, Sold Median Price, Units for Sale, Units UCT, Units Sold, Absorption Rate
October 8, 2009
|
Margate |
Sept. 09 |
Sept. 08 |
Units Change |
%Change |
|
Sale Median Price |
$599,900 |
$599,900 |
$ 0 |
0 |
|
Sold Median Price |
$415,000 |
$558,500 |
$-143,500 |
-25.7 |
|
Sale Units |
402 |
384 |
18 |
4.7 |
|
Unit Under Contract |
20 |
22 |
-2 |
-9.1 |
|
Unit Sold |
25 |
26 |
1 |
-50 |
|
Absorption Rate |
20.1 |
17.5 |
2.6 |
15.2 |
Market Statistics
Margate NJ 08401
-Sale Median Price Sept. 09 was $599,000 compared to $599,900 in Sept. 08
-Sold Median Price Sept. 09 was $415,000 compared to $668,500 in Sept.08, decr of $143,500
-Unit Sales for Sept 09 was 402 compared to 384 in Sept 08, an incr. of 18 units
Units UCT Sept 09 was 20 compared to 22 in Sept 08, an decrease of 2 units
-Units Sold Sept 09 was 25 compared to 26 in Sept 08, a decrease of 1 units
-Absorption Sept 09 was 20.1 compared to 17.5 in Sept 08, an decrease of 2.6 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.
Mortgage Rates as of 9/1/09 from Harry Slifer - Harleysville National Bank
September 2, 2009
HARLEYSVILLE NATIONAL BANK
732 NORRISTOWN ROAD
MAPLE GLEN, PA 19002
FOR MORE INFO PLEASE CONTACT:
HARRY SLIFER
W 866-819-6302 ext: 3195
Cell 215 990 9262
email: haslifer@hncbank.com
DATE: 9/01/09
30 YEAR FIXED CONFORMING
4.625% + 3.00 PTS * 60 DAY LOCK ( LOCKS TO 1 YEAR AVAILABLE )
5.00% + 1.00 PTS * RATES ASSUME 80% LTV + 740 FICO SCORE
5.25% + 0 PTS * MAXIMUM MORTGAGE AMOUNT OF $417,000
* 40 YEAR TERMS AVAILABLE
* INTEREST ONLY AVAILABLE
*******************************************************************************
30 YEAR JUMBO PROGRAMS
30 FIXED: 6.00% +.50 PTS. * 80% MAX LTV TO $1,000,000
* 60 DAY LOCK
3/1 ARM: 4.75% + 0.50 PTS. *75% MAX LTV TO $1,000,000
5/1 ARM: 4.75% + 0.50 PTS. * 90 DAY LOCK
7/1 ARM: 5.125% + 0.50 PTS.
10/1 ARM:5.625% + 0.50 PTS.
STATED INCOME/NO INCOME VERIFICATION LOANS AVAILABLE AT SLIGHTLY HIGHER RATE
*******************************************************************************
FHA/VA
30 FIXED: 4.625% + 3.00 PTS. * 96.5% MAX LTV TO $ 362,790.00
5.125% + 0.00 PTS. * Up to 6% Seller Assist
* NO MAXIMUM VA LOAN AMOUNT
* More Lenient Credit Score Guidelines
OTHER PROGRAMS:
3 YEAR FHA ARM – Qualifies at Start Rate !!
3.75% @ 2.00 Pts
Seller Assist up to 6%
1 % Annual Cap & 5 % Lifetime Cap
FHA Credit OK- No FICO Score Add ons
Looking to purchase a home here at the shore, please call The Petridis Team from Prudential Fox and Roach Realtors direct at 609-377-4023.
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.
Search the MLS - Multiple Listing Service for a home here at the South Jersey Shore
June 28, 2009
If you are looking to purchase a home here at the South Jersey Shore, please follow the link below to Search for a home in the MLS - Multiple Listing Service:
http://www.southjerseyshorehome.com/SearchLocalMLSListings
Please save the link to your favorites so you can come back and search the mls for a vacation home or condo at the South Jersey Shore. Peter Petridis and Beverly Petridis from Prudential Fox and Roach Realotrs are available to help you when you have identified a few properties that you may want to see. Our direct line to see any of these homes is 609-377-4023. If you’re not ready to meet in person, please tour through our website. I’m sure you’ll find the resources here useful and helpful. Enjoy!
Margate Statistics May 2008 comparison to May 2009
June 15, 2009
Statistics
Margate NJ 08401
-Units for Sale May 2008 was 436 compared to 490 in May 2009, an incr. of 54 units
-Units UCT May 2008 was 26 compared to 24 in May 2009, a decrease of 2 units
-Units Sold May 2008 was 26 compared to 21 in May 2009, a decrease of 5 units
-Sale Price May 2008 $488,900 compared to $555,000, an increase if $66,100
-Absorption May 2008 was 14 compared to 18 in May 2009, a decrease of 4 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.
Presidents Day - Open House Bonanza from Prudential Fox & Roach Realotrs
February 14, 2009
Prudential is going to be holding Open House Weekend in Celebration of Presidents Day. We will be holding 16 open houses on Saturday and 15 on Sunday.
Please stop buy to visit us at our open house on Saturday and Sunday:
-11:00am to 1:00pm at 5114 Ontario Dr., Brigantine NJ 08203 - Priced at $299,900
-1:00pm to 3:00pm at 2201 Revere Blvd., Brigantine NJ 08203 - Priced at $1,099,000
Please call me at 609-377-4023 or email me at petepetridis@comcast.net to get a list of homes that will be open for tour this weekend.
Daily Rate Sheet Mortgage Rates as of 2/9/09 in Atlantic County NJ
February 10, 2009
TRIDENT MORTGAGE COMPANY
Everything You Need. Right Here. Right Now.
WEEKLY RATE SHEET
Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com
February 09 2009
Loan Amounts to $417,000* 1pt 0 Points
30 Year Fixed 5.250% 5.875%
15 Year Fixed 5.000% 5.500%
1pt 0 Points
3/1 ARM 5.000% 5.375%
5/1 ARM 5.000% 5.250%
Loan Amounts $417,000 to $1M 1pt 0 Points
30 Year Fixed 5.500% 5.750%
15 Year Fixed 5.125% 5.375%
3/1 ARM 4.875% 5.125%
5/1 ARM 4.875% 5.125%
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.
Our success depends on your referral.
*Interest rates are subject to change without notice.
Rates may vary based on borrowers qualifications.
Please contact your Trident Mortgage Consultant for more information.
We Bring You Home.
Margate NJ Real Estate
May 1, 2008
Margate
Located on Absecon Island on the New Jersey Shore, Margate real estate offers seaside amenities, quality homes for sale and modern conveniences. Located near the bustling beach town of Atlantic City, Margate home owners have access to the luxuries of a big city, such as thriving businesses for employment and resources, as well as abundant shopping and entertainment. At the same time, residents can return to the pleasant beach community of Margate, New Jersey for the relaxation of waterfront living. Situated between the towns of Ventnor and Longport, NJ, residents enjoy a plethora of community resources such as shops, restaurants, marinas, parks and of course beaches.
Homes for sale in Margate New Jersey are diverse and appealing. With the bay on one side and the Atlantic Ocean on the other, waterfront properties are abundant in this little beach community. Whether you choose a beachfront or bay front house, the scenic views and outdoor adventures are sure to bring home buying happiness. Regardless of location on this Jersey Shore Island, there is a diverse selection of housing styles. Choose from single family homes, beach cottages, vacation homes, condominiums and townhouses. Whether you are looking for a luxury estate or a modern condo with a sweeping view, your Margate NJ realtor is sure to be of assistance. The range of styles, architecture, prices and sizes of real estate properties welcome a wide range of home buyers to Margate New Jersey.
Buying a home along the New Jersey Shore brings all sorts of excitement and relaxation. Margate home owners can enjoy a pleasant stroll along the beach, head to the marina for a day of boating, bike along the coastline, or even hit the casinos in Atlantic City. Recreation and entertainment abounds in this resort-like region. Every day in Margate NJ can feel like a vacation as you cruise by the ocean, play a game of tennis, head out fishing or just relax on the beach. Modern needs are met with a selection of shops, grocery stores, community services and businesses. Everything you could need is accessible to Margate New Jersey real estate.
Brigantine Ventnor start page
April 16, 2008
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.