Unique Bayfront Opportunity

We just got a new listing that I wanted to pass along:

Excellent opportunity! Lovely 3 year old, bayfront, McLaughlin built duplex. Enjoy lovely bay and sunset views from this one of a kind home! This bright and airy home would make a great investment. The first floor features 3 bedrooms, 2 baths, granite counters, hardwood flooring, walk-in closets, laundry room, garage, ++.

The two-story second floor features a luxurious top floor master suite with a private deck, spacious master bath with large, jacuzzi type tub, and endless views! It has 4 bedrooms, 3 baths, extra large attic storage, walk-in closets, hardwood flooring, garage, office area, wrap around decks, laundry room and so much more! Both units have 2 off street parking spots plus each have a private garage, they share an elevator, large bonus room and 4 boatslips!

The whole building is for sale for $2,400,000. Great opportunity! Use one unit, rent the other! Have a large family? This home has it all!!

Congrats!!!

I just want to congratulate Tom and Tina DeVito and Eileen McCay on the purchases of their new homes!! Best wishes and lots of happy memories!!

Also congratulations to John and Stacy Olandt and Linda and Rob Eardley on the sales of their homes! Best wishes and good luck in the future!!

Sea Isle City Real Estate Market Update

We are at 138 homes that have sold or gone under contract since January 1, 2008. The homes that have closed since the last update are:

-4409 Venicean-asking price $895,000, sold price $825,000
-122 39th St.-asking price $579,000, sold price $575,000
-122 39th St.-asking price $579,000, sold price $552,000
-137 73rd St.-asking price $825,000, sold price $835,000
-9 75th St-asking price $1,325,000, sold price $1,200,000
-238 37th St.-asking price $449,900, sold price $425,000

Sea Isle City Real Estate Market Update

There are now 134 homes that have sold or gone under contract since January 1st. The homes that have closed since te last post are:

-3918 Landis Ave, asking price $169,000, sold price $158,000
-4605 Park Ave, asking price $688,000, sold price $625,000
-6618 Central Ave, asking price $839,900, sold price $815,000
-25 58th St, asking price $1,280,000, sold price $1,280,000
-5100 Landis Ave., asking price $749,000, sold price $722,000
-234 80th St, asking price $779,000, sold price $765,000

Barron's Announces "Home Prices Are About to Bottom"

Just read an interesting article and wanted to pass it along!!

Barron's-The Dow Jones Business and Financial Weekly, has published an article about the housing market being close to the bottom, check it out:

http://webreprints.djreprints.com/34400.pdf

Sea Isle City Real Estate Market Update

Four more homes went under contract in the last couple of days, making it 127 homes that have sold and gone under contract since January 1st. The following homes have sold since the last post:

-126 66th Street, asking price $749,000, sold price $715,000
-5100 Landis Ave., asking price $749,000, sold price $722,000
-25 58th Street, asking price $1,280,000, sold price $1,280,000