CELL: 732-859-7808 OFFICE: 732-449-4441
Cnapp @ DianeTurton. com www. cindynapphomes. com
732.859.7808 1216 Third Avenue, Spring Lake NJ www. dianeturton. com
CindyNappJerseyShoreRealtor JerseyShoreRealEstate
GREETINGS!
Spring is nearly here, and with it comes fresh energy across the Jersey Shore along with encouraging signs in our local real estate market. Mortgage rates recently dipped into the 5 % range for the first time in nearly three years. While they’ ve since settled back into the low 6 % range, most experts expect rates will remain near this level throughout the year. In other words: conditions have improved, but a dramatic drop is not expected.
As rates stabilize, more buyers are stepping back into the market as we approach the most active season at the Shore. Yet inventory remains limited, keeping many towns in a competitive landscape.
Along the Monmouth County coastline, we continue to see what many homeowners already feel: this is truly a luxury lifestyle market. The national entry point for luxury listings was $ 1,149,000 in December, and here along the Jersey Shore, many of the homes closest to the water are significantly beyond that benchmark.
The result? Buyers need a smart plan, and sellers have a real opportunity when a home is positioned correctly. Whether you’ re thinking about buying, selling, or simply want to understand your home’ s value in today’ s market, I’ d love to be your resource. Please don’ t hesitate to reach out at 732.859.7808.
Cheers,
Cindy Napp
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43 Old Squan Rd, Manasquan
Offered at $ 2,049,000
• Perfectly positioned near Manasquan and Sea Girt beaches
• 5 Bedrooms, 3.5 Baths
• Open-concept
• Hardwood floors throughout
• Gas fireplace
• Designer kitchen
• Primary suite with two walk-in closets & oversized bathroom
• Full basement
• Fenced-in yard
• East-facing front porch, ideal for morning coffee!