Blog Archives

The “New Normal” American Dream Of Renting Is About To Become Very Expensive

Posted on March 15, 2012 by Gekko Much has been made recently of the government’s renewed efforts to spark the housing market from its dismal slide, however we fear there are yet more unintended consequences lurking just around the corner.

Posted in Avalon, Investing, Jersey Shore, Market Conditions, Ocean City, Property Transfers, Real Estate, Sea Isle City, Short sales, Stone Harbor

Cape May County towns plan reassessments in wake of declining property values

Posted: Sunday, November 13, 2011 By MICHAEL MILLER Staff Writer pressofAtlanticCity.com OCEAN CITY — Faced with increasing tax appeals in the wake of the national real estate bust, the city plans to reassess its highest-priced coastal properties this year and

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Posted in In the News, Jersey Shore, Market Conditions, Property Transfers, Real Estate, Tax Issues

6 Good Reasons to Buy a Jersey Shore Home Now

6 Good Reasons to Buy a Home Now Houses are more affordable than they’ve been in a decade. By Pat Mertz Esswein, Associate Editor From Kiplinger’s Personal Finance magazine, October 2011 1. Prices have nearly hit bottom. In most areas,

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Posted in Atlantic City, Avalon, Banking, condos for sale, In the News, Investing, Jersey Shore, Local Posts, Market Conditions, Mortgage, Ocean City, Property Transfers, Real Estate, Sea Isle City, Shore Lifestyles, Short sales, Stone Harbor

Short Sale letter from Bank of America

Here is an email we just recieved from Bank of America. For short sales with Bank of America in the state of Florida, they are now offering up to $20,000 for sellers to participate in a short sale in many

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Posted in Avalon, Banking, In the News, Investing, Jersey Shore, Legal Issues, Market Conditions, Property Transfers, Real Estate, Sea Isle City, Short sales, Stone Harbor

Home Prices Continue to Show Seasonal Strength According to the S&P/Case-Shiller Home Price Indices

New York, September 27, 2011 – Data through July 2011, released today by S&P Indices for its S&P/Case-Shiller 1 Home Price Indices, the leading measure of U.S. home prices, showed a fourth consecutive month of increases for the 10- and

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Posted in In the News, Jersey Shore, Market Conditions, Property Transfers, Real Estate

Do You Understand Income Tax Considerations of Rental Properties

September 20, 2011 A rental property can generate “taxable losses” that can be used to reduce your normal salary income, hence the federal income taxes you pay. It’s difficult for most people to understand how taxes work, and even more

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Posted in Atlantic City, Avalon, In the News, Investing, Jersey Shore, Legal Issues, Property Transfers, Real Estate, Sea Isle City, Stone Harbor, Tax Issues, Vacation Rentals

Governor Chris Christie Signs Legislation to Cut Red Tape and Ease the Individual Sale of Homes

Trenton, NJ – On Wednesday, Governor Christie signed legislation to boost New Jersey’s real estate market and cut red tape in order to ease the individual sale of homes and seasonal rentals by providing an exemption from New Jersey’s bulk

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Posted in Atlantic City, condos for sale, In the News, Investing, Jersey Shore, Legal Issues, Market Conditions, Ocean City, Property Transfers, Real Estate, Sea Isle City, Stone Harbor

Shore home sellers rejoice as onerous state rule eased

Posted: Sunday, September 25, 2011 By KEVIN POST Press of Atlantic City Business Editor The real estate industry was gleeful this past week, especially in oceanfront towns, after Realtors succeeded in getting the state to ease a regulation that was interfering

Posted in Atlantic City, In the News, Investing, Legal Issues, Market Conditions, Property Transfers, Real Estate, Sea Isle City, Tax Issues

Looking Twice at Overpriced Shore Homes

It’s Not Always a Physical Defect that Drives Away Homebuyers By Elizabeth Weintraub, Common knowledge dictates that if a home doesn’t sell, there must be something wrong with it. That’s a true statement. In a market that is moving, there is something wrong

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Posted in Avalon, In the News, Investing, Jersey Shore, Property Transfers, Real Estate, Sea Isle City, Stone Harbor

August Existing-Home Sales Rise Despite Headwinds, Up Strongly from a Year Ago

For more information, contact: Walter Molony 202/383-1177 Washington, DC, September 21, 2011 Existing-home sales increased in August, even with ongoing tight credit and appraisal problems, along with regional disruptions created by Hurricane Irene, according to the National Association of Realtors®.

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Posted in Atlantic City, Banking, condos for sale, In the News, Investing, Market Conditions, Property Transfers, Real Estate, Sea Isle City
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The Lazarus Team
The Landis Co., Realtors
6000 Landis Avenue
Sea Isle City Nj, 08243
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