Laricks Real Estate - Sea Isle City Phone
August 2024 Newsletter
August 01 2024
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Hello August 

August is the perfect month for a move! As summer begins to wind down, the real estate market heats up! 

With back-to-school season just around the corner, families are in a rush to find their dream homes and get settled before the school bells ring. Sellers, meanwhile, are making their properties shine to catch the eye of eager buyers. 

t's a time of last-minute open houses, backyard picnics, and sunny days perfect for exploring new neighborhoods. So whether you're searching for a city condo or a suburban sanctuary, August offers a golden opportunity to make your real estate dreams come true

 

 

1. Sea Isle City Market Update 

   Under Contract Currently 

   Sold: Last 30 days

2. Book your Summer Vacation 

 Laricks has been booking vacation rentals since 1946. How can we help you? 

Vacations at Sea Isle City 

3. How's the Market

With interest rates projected to come down, I am anticipating a very busy fall for house sales in Sea Isle City.  We have a very low inventory and I am seeing pent up demand.  I recently listed 2900 Landis Avenue, 15 67th East Street and 30 71st Street west - Check DustinLaricks.com for more details.  2909 Landis went under contract in 16 days while 67th Street and 71st street already have a lot of several scheduled after less than 7 days on the market.I have several other properties that are set to hit the market in the next two weeks. Stay tuned for more details...

4. Mortgage Update

This morning, the 10-year Treasury yield dipped below 4%, reaching 3.981% amid signs of an easing U.S. jobs market and expectations of potential rate cuts by the Federal Reserve. This marks the first time since February that the yield has fallen below 4%, driven by weaker-than-expected manufacturing data and an increase in jobless claims. As the 10-year Treasury yield trends towards 3.8%, now is an excellent time to explore your mortgage options. Lower yields could translate into more favorable mortgage rates, making homeownership or refinancing more affordable. For personalized advice and to take advantage of these potential savings, reach out to Michael Jamison at US Bank today.

Michael Jamison Mortgage Loan Originator NMLS# 460193 O: 609-493-1951 | M: 609-425-7284| mike.jamison@usbank.com

 

5. Experience Coastal Living at its Finest

24 89th Street

6BD 4BA 2764SF  $4,999,000

Discover this newly renovated beachfront home in Townsend’s Inlet, Sea Isle City, NJ! Enjoy amazing ocean views and the ultimate coastal living experience.

         

VIEW LISTING

VIEW ALL LISTINGS 

 

    

Sea Isle City                                                    Sea Isle City 

25 46th Street, Unit West                                 130 88th Street 

6 BD 4.1 BA  2508SF $1,999,000                    4BD ,3.1BA  2315 SF $2,499,000

View Listing                                                      View Listing

        

Sea Isle City                                                         Sea Isle City 

305 40th Street, Unit West                                   324 40th Street, Unit West 

4 BD 3BA $1,349,000                                           5 BD 3 BA $1,349,000

View Listing                                                          View Listing 

 

            

Sea Isle City                                                                Sea Isle City 

30 71st, Unit West                                                      2 Coventry Lane

7 BD 5.2 BA 2402 SF   $2,349,000                            3 BD 3 BA  $579,000

View Listing                                                               View Listing 

 

6. Jersey Shore 2024 Shore Report 

2024 Shore Report 

 

7. Local Happenings 

 

Movies Under the Stars:

8:30-10PM

Excursion Park

2 41st Street

8/7-Element

8/14-Wonka

8/21-Pirates of The Caribbean - The Curse of the Black Pearl

08/28-Paw Patrol: The Mighty Movie

 

Concert Under the Stars:

7:30-9:30PM

Excursion Park

2 41st Street

7/6-Jesse Garron (Elvis Tribute)

7/13-Queen Flash (Queen Tribute)

7/20-Seven Bridges (Eagles Tribute)

7/27-Kick it Out (Heart Tribute)

609.263.8687

20th Annual Ocean Drive Restaurant & Lounge Charity Baggo Tournament 

Monday , August 5th 

12-6:30PM 

Excursion Park

2 41st Street

609.263.1000

www.theod.com

20th Annual Ocean Drive Restaurant & Lounge Charity Bingo Tournament 

Monday, August 5th 

12-8:30PM

Excursion Park

2 41st Street

www.theod.com

 

Phillies Down the Shore Shimmy

 

(Join the Phillies, NBC10, Telemundo62 and NBC Sports Philadelphia for the Phillies Down The Shore Shimmy! Bring your beach chairs and catch the hottest team in baseball on the big screen at Excursion Park. There will be giveaways, surprise guests and so much more! We’ll see you there Phillies fans!)

Tuesday, August 20th 

6-9:30PM Excursion Park

 2 41st Street

Event Flyer 

 

 

7. Lifestyle Tips and Tricks

The Suprising State Where 5 of America's Hottest Markets are Hiding....

Including a shocking new no. 1...

Courtesy of Realtor.com

 

Technicolor Switch 

All neutral color palettes might be out - or at least taking a long summer vacation...

Courtesy of Realtor.com

The Most Common Questions Buyers Ask Real Estate Brokers 

A real estate purchase brings up a plethora of questions. The answers are often nuanced

U.S. News

 

 

Least Difficult Areas in the US to Buy a Home 

Ranked by cost, competiton, scarcity, and economic instability

Courtesy of CNBC

 

8. To check out who we are, our newsletters, and more fun facts, click on the blog link below.

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