Laricks Real Estate April 2022 Newsletter  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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"Our spring has come at last with the soft laughter of April suns and shadow of April showers." 

- Byron Caldwell Smith



Read on for homeowner seasonal tips to consider and discover lifestyle tips curated just for you!

Sea Isle City Market Value Update 

Dustin's Market Minute 

"It's no surprise that I still get asked the question 'How is the market?' And my answer is still the same. Inventory is low and the demand to be in Sea Isle City remains high. In the sale market, there are only 41 residential units currently listed for sale on the island. However, the difference between now and a few months ago is that I am beginning to see the first signs of the appreciation rate leveling off. Let me be clear, this does not mean that sale values are going down, it just means that they are not going up as fast. 


On the other hand, I am still seeing our rental rates continue to climb. Years ago, when our rental inventory was high, the "last minute" rentals would often negotiate a better price as an alternative to the house remaining vacant. However, the rental market now is the opposite. The low inventory and continued demand are pushing the mid-summer weekly values up. Fortunately, Laricks Real Estate has just listed a few new properties for rent, so we have some additional availability."  ~Dustin Laricks


Mike Jamison's Mortgage Minute 

“ As discussed previously the conforming mortgage rates (loan amounts below $ 647,200) are under pressure and continue to tick higher. The conforming 

daily average rate survey has the FNMA 30 year fixed rate at 4.90%. Again most of our market in Sea Isle is JUMBO rates. (loans over $647,200) Our JUMBO rates, 

while very low compared to the competition, are going up on 4/14. Our rate will go from the current rate of 2.875% (2.916% APR) to 3.125%. (3.211% APR) 

If you are on the fence please give me a call at (609) 425-7284 to lock the lower rate before 4/14." 

                             Mike Jamison 

                             Republic Bank 

                             Senior Loan Officer

                             NMLSR: 460193


                             C.609.425.7284.




Featured Listings 

9 78th Street, Unit WEST
Sea Isle City
4 Bed | 3 Bath
33 74th Street, Unit WEST
Sea Isle City
5 Bed | 4 Bath
110 34th Street, Unit WEST
Sea Isle City
4 Bed | 3 Bath

Exclusive Rental Listing 

1400 Landis Avenue, Unit EAST
4 Bed | 3 Bath
SUNDAY TO SUNDAY RENTAL!! Private location right across the street from the beach with gorgeous ocean, wetland, and sunset views. Beautiful townhouse features and extra spacious living area with cathedral ceilings and so many windows to take advantage of the special panorama outside. 

The large sunny deck off the living area has a unique lift to the ground level so you don t have to do stairs if you don't wish to. First level has 3 roomy bedrooms. and 2 brand new gorgeous baths. First level has all new flooring, doors, wainscoting, crown molding, 3 bedrooms, 2 all new luxurious baths and new washer and dryer. Two of the bedroom will have queen beds, third bedroom will have 2 pyramid bunkbeds, sleeping 6.

Top floor has master bedroom with queen bed and private bath, living area with new living room furniture, deck with all new deck furniture and gas grill, dining, and kitchen areas, and powder room. Parking for 3-4 cars, outside shower & storage space. Contact Laricks Real Estate to see the weeks available. 


Upcoming Events in Sea Isle City 

To register or make a donation click the button below. We sincerely thank you for all your support! 

              ROCK & ROLL BINGO


Date:

Saturday, April 9, 2022 - 6:00pm

Phone: 609-425-3308

Address:

Kix McNutley's 

120 63rd Street 

Sea Isle City, NJ 08243

Details:

Sea Isle City’s Italian-American Club will host a “Rock & Roll Bingo” event at 6:00 PM on Saturday, April 9, at Kix night club on 63rd Street. Tickets cost $25 per person, which includes food and numerous games of fast-paced, musical Bingo. During the games, a DJ will play 15-second clips of popular songs that players must match-up to their game cards. A prize will go the winner of each round. Proceeds benefit the Italian-American Club’s charitable efforts. 

 For more information, contact Marie Peltier at 609-425-3308.

More information:

Music Bingo Flyer.pdf

     SPRING FLING FAMILY FUN DAY


Come out for tons of Spring/Easter themed fun! 

Dress to Impress Easter Stroll 

Music 

Photos with the Easter Bunny 

Jelly Bean Guessing Contest 

Easter Crafts 

Egg and Spoon Races 

Face Painting 

Date:

Saturday, April 16, 2022 - 1:00pm to 3:00pm

Phone: 609-263-8687

Address:

Excursion Park 

JFK Blvd. & Pleasure Ave. 

Sea Isle City, NJ 08243

          SPRING GIRLS WEEKEND


Enjoy great deals throughout town


Date:

Friday, April 29, 2022 

12:00 am to Sunday, May 1, 2022 - 11:45 pm

URL:

http://www.seaislechamber.com

Phone

: 609-263-9090

Address

:

Townwide 

Sea Isle City, NJ 08243


Real Estate 

in the News
What to Look for When Buying a House


Do you know what to look for when buying a house? Many home buyers walk though the open house, checking out the layout of the rooms and the name brands on the kitchen appliances. Smart buyers, on the other hand, know what’s really important to look for when buying a home, and it’s the structural details and the mechanicals of the home. 


If you’re a first-time home buyer looking for a starter home, or if you just need to find a house you can afford, be careful not to lose sight of your goals in the home buying process. From foundations to scents, there are so many factors that you look into when you're in the process.



Click Here to read more about what to look for when 

buying a house.

Lifestyle Tips & Tricks

18 Beautiful Spring-Flowering Shrubs That Bloom Year After Year



Embrace the Spring season and plant one of these gorgeous flowers that will continue to bloom in years to come! This article also provides growing conditions, size, and a gardening tip for each flower. From Mountain Laurel to Forsythia to Azalea, there’s definitely a shrub on this list that will look beautiful in your yard.


Open Floor Plan: In or Out?


Over the past few months, we've been noticing the rise in rooms—not just designated areas of a larger space, but sectioned-off spaces complete with four walls. So, what gives? Is the open floor plan on its way out? Admittedly, it depends on who you ask.

Outdoor Living Trends Taking Over in 2022



Many homeowners now depend on outdoor areas to provide additional living space, a peaceful escape, and a connection to nature that their homes might otherwise lack. To accommodate these new needs, the latest outdoor living trends embrace the comfort, convenience, and style common to home interiors.

Space Age Design Relaunches


Whether you call them Space Age or Atomic Age, the homes built in the 1950s and 1960s represented a new wave of modern architecture inspired by space exploration and futuristic ideas. Now that space travel for the layman is becoming a reality, we can expect to see architects and designers gathering inspiration from the new boom and from advancements in materials and technology.


To check out who we are and some more fun facts, click on our Blog below! 

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass RE is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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