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Toms River Real Estate

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Everything and anything, real estate related and otherwise, in and around Toms River, New Jersey. Psychology, philosophy, sports, religion, politics; almost no subject is taboo. I am a firm believer in the freedom of speech and I thank each and every man and woman who served to protect that freedom! Please do not abuse that freedom by using this forum for advertising...thank you.


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June 2009

Signs, signs; everywhere are signs!

I returned from vacation on Monday to find a "Violation Notice" from the Township of Toms River, NJ, taped to my office door. The "Violation Notice" read:

REMOVE ALL PORTABLE OR SNIPE SIGNS, BANNERS, PENNANTS & TENTS. You are only allowed to have signs which have been approved by the Toms River Planning Board.

The potential fine for failing to comply; $300.00 to $1,000!

What did these "offending" signs say? Here's one at the beginning of my latest video:

The $8,000 Tax Credit and YOU!

Now, I understand the Code Enforcer is just doing their job but, in the midst of the GREAT RECESSION, one may want to take a minute, READ the signs and act accordingly. OR, we could just keep putting out all those ELECTION signs…we know how effective they are…they got us HERE!

YOU be the judge.


Posted: 8:44 AM, Jun. 24, 2009
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Monthly Market Report for Toms River, NJ (May 2009)

Sorry for the delay, I was out of town last week!


Photo Credit
May by the numbers:

• 46 The number of Single Family Homes CLOSED during the month

• $356,467 Average LIST price for May*

• $332,528 Average SALES price for the month*

• 86 Average DAYS ON the MARKET for May

• 93.28% The SALES price to LIST price RATIO for the month

• 796 Number of Single Family Homes ACTIVE on the market in May

• 17.30 Number of MONTHS it would take to SELL OFF the existing supply of homes on the market, in Toms River, at this rate, if NONE were to come on the market!

*These averages include Single Family Homes from the beach communities of Ortley, Normandy and Ocean, etc.

May, 2009, saw 46 Single Family Homes CLOSE in Toms River, as compared with 73 in May of 2008. Of those 46 homes, 11 were in the price range of $200,000 to $250,000 (22%). Combined with the CLOSINGS from the First Quarter of 2009, this represents an INCREASE in SALES of 17%, in this particular price range, over the same time last year!


Posted: 12:11 PM, Jun. 22, 2009
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Who wants to have some fun?

I originally recorded this video last week, after reading Matthew Ferrara's post Points of Perception. In his post, Matthew proposes that the reason today's home-buyers are still sitting on the proverbial fence, despite; abundant inventory, lower home prices and historically low mortgage rates; may be because the "process" of buying a home today is not fun!

This got me to thinking:

What could I, as a local real estate broker, do to get the message out; buying a home today, in Toms River, NJ, can be alot of fun! So, here's what I came up with. Please let me know what you think:

Click here to watch the video, "Who wants to have some fun?"


Posted: 11:44 AM, Jun. 4, 2009
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