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WIlly Kahl, Broker AssociateWIlly Kahl, Broker Associate

Long Beach Island, NJ Real Estate

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How to Assess the Real Cost of a Fixer-Upper House


  • Woman looking at paint prices at hardware store

    How to Assess the Real Cost of a Fixer-Upper House

    When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate

6 Tips for Buying a Home in a Short Sale


  • House being sold in a short sale

    6 Tips for Buying a Home in a Short Sale

    By preparing for a real estate short sale, you can emerge with a great home at a favorable price. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate

6 Tips For Choosing the Best Offer For Your Home


  • Woman reviewing house offer over the phone

    6 Tips for Choosing the Best Offer for Your Home

    Have a plan for reviewing purchase offers so you don’t let the best slip through your fingers. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate

27 Years of LBI Oceanfront Data Analysis

In 1987, the Oceanfront sales market had peaked on LBI.  Six and seven years later I was selling oceanfront homes for approximately 25% less than the 1987 climatic sales market.  Then Oceanfront land began appreciating slowly from1992 to 1998.  In that time period, the average oceanfront home increased a total of 24%.  Over the next seven years (1999-2006), they increased another 329% – bringing total appreciation up 353% from the low of 1992 to the high of 2006!  The average oceanfront value in 1992 was $553,844 and had peaked in 2006 to $$2,508,891.  (Multiplied by 453%, subtracting the initial price brings us up 353%).

I feel history is repeating itself with approximate timing, appreciation & depreciation. We have already experienced the seven or so years of a depreciating LBI home sales market from the 2006 peak.   From the peak, values were down approximately 20% on oceanfront and approximately 30% on bayfronts.  Oceanfronts are slowly going back up in value and bayfronts should follow soon.

Most Buyers are more likely to purchase a property if the Selleris asking a fair price reflective of today’s market value. These buyers are excited that they are able to afford a vacation home on LBI!  With attractive mortgage interest rates and competitive asking prices, along with a variety of properties to choose from, it’s a great time to buy or sell on LBI!

Click here to sign up for the Summer 2014 Long Beach Island Oceanfront and Bayfront Newsletters

Posted in: LBI News, LBI Real Estate

7 Essential Questions to Ask Before Hiring an Architect


  • What To Ask An Architect

    7 Essential Questions to Ask Before Hiring an Architect

    Hiring an architect for your remodel is a big step. Here are essential questions to ask candidates, and the answers they should give. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate

Tax Deductions for Vacation Homes


  • Is My Vacation Home Tax Deductible

    Tax Deductions for Vacation Homes

    Tax deductions for vacation homes vary greatly depending on how much you use the home and whether you rent it out. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate Tagged: tax deductions

6 Reasons to Reduce Your Home Price


  • Home for sale with lowered asking price

    6 Reasons to Reduce Your Home Price

    While you’d like to get the best price for your home, consider our six reasons to reduce your home price.
    Read

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Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate Tagged: home price

4 Tips to Determine How Much Mortgage You Can Afford


  • Determining the affordability of a mortgage payment

    4 Tips to Determine How Much Mortgage You Can Afford

    By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate Tagged: mortgages

7 Steps to Take Before You Buy a Home


  • Couple selecting community where they're like to live

    7 Steps to Take Before You Buy a Home

    By doing your homework before you buy, you’ll feel more content about your new home. Read

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

Posted in: LBI News, LBI Real Estate Tagged: buying a home

Living the LBI Life in Ship Bottom

One of my favorite things about Ship Bottom is its walkability. You not only are steps away from the beach but also you are steps away from the finest restaurants, ice cream, bakeries, playgrounds and mini golf. Living by the beach is an amazing experience. Think about those days when you are packing your car up with a million things you might need for a day at the beach; now imagine waking up and taking a few short steps to your LBI beach paradise. You don’t have to worry if you forgot something because you can just walk to the house and get whatever you need. When you are hungry and the kids are crying to use a bathroom, you can just walk back to the house. It really is a relaxing lifestyle at the beach and if you are lucky enough to visit your vacation home every weekend, you’ll feel the stress melt away as you come across the bridge to LBI each and every time.

Check out 109 E. 20th St. in Ship Bottom, it’s For Sale and waiting for you. Call Us today to look at your new Ship Bottom beach house on LBI.

Craftsman Beach Bungalow updated and maintained immaculately. Charming enclosed front porch with plenty of sunshine, large living area with new wood burning fireplace and hot air blower, Hard wooden floors, Newer Gas Baseboard Heat for year round living, recently updated kitchen and bath, formal dining area, 3 bedrooms, new cedar impression vinyl siding and new timberline roof, laundry room, large recently updated garage with cable and electric for home office and shed for plenty of storage. Welcome to the “Tumble Inn”, just steps to the beach with no roads to cross!

 

 

 

 

Posted in: LBI News, LBI Real Estate Tagged: ship botom LBI real estate, Ship Bottom real estate for sale

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Contact

Egon "Willy" Kahl-Broker Associate
REALTOR®
LBI Waterfront Expert
Author of LBI Oceanfront & Bayfront Newsletters

6097091020

willykahl@gmail.com

Ann Kahl, REALTOR®
ann@lbisales.com

Jersea Realty
1415 Long Beach Blvd.
Ship Bottom, NJ 08008
Office: 609-492-1666

Send Me a Message HERE Using My Contact Form


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The data relating to real estate for sale on this website comes in part from Jersea Realty participation in the IDX /Broker Reciprocity Program of the Jersey Shore Multiple Listing Service, L.L.C. The information has been provided by Ocean County Board Of Realtors®, Inc. Real estate listings held by other brokerage firms are identified with the Seller's Representative. Information deemed reliable but not guaranteed. This information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing..

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