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Ashley Franchini

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See What's New!

by Ashley Franchini Team

See what's new at Sotheby's!

Newsletter

New Listing Longport

by Ashley Franchini

Just listed! Attention: builders, renovators, contractors, developers! 3601 Atlantic Avenue in Longport. Direct ocean views from this prime corner southside property! Across from short beachblock. Property is only 3 houses to the beach. One of largest oversized lots available in this location in Longport -- 75x71 lot size. Best available building site on the market in all of Longport! Opportunity to renovate or tear down & build a new large 5000++ sq ft home with amenities galore! Don't miss this rare find! Near tennis courts/playground, walk to Margate too! Don't miss this rare find! $1,190,000

3rd Quarter Market Report

by Ashley Franchini

The NJAR has posted its market report of the Atlantic City area for the 3rd quarter of 2010 evaluating a number of factors affecting home prices, including the local job market, foreclosure rates, housing inventory and debt-to-income and mortgage-servicing-costs-to-income ratios. You can click on the report for this area at http://www.njar.com/research_statistics/pdf/metromarket/Q310NJAtlanticCity.pdf

Longport Beachblock New Listing

by Ashley Franchini Team

View more photos and property details of our new listing at 103 S. Evergreen on the Longport beachblock located just one house from beachfront. The ocean views are unbelievable and you can hear the ocean waves crashing against the surf from your living room and your master bedroom. The master bedroom features a spacious terrace directly overlooking the ocean where you can sit and start your day with a fresh cup of coffee or come home to after an enjoyable day of fun in the sun! For more information, check out our property website at www.103SEvergreen.info Priced at $3,600,000.

Atlantic City Restaurant Week

by Ashley Franchini Team

Well we’ve made it.  We’re in that lull between the holidays and spring -- When the weather is unpredictable and there is just not that much going on.  Lucky for us, Atlantic City has a great way to break up the monotony.  During the week of February 27 to March 5, 2011 the Atlantic City Convention and Visitors Authority is presenting Atlantic City Restaurant Week!  For a prix fixe menu of $15.11 for lunch and $33.11 for dinner, the whole family can enjoy delicious eats and treats.  Please visit www.acrestaurantweek.com for more details and a complete list of participating restaurants.

While you are here, if you have not locked in your summer rental, or due to this year’s low prices you are leaning towards a shore home purchase—give me a call.  I’d love to show you the fabulous properties on the market and why the South Jersey shore is a premier summer destination and year round hot spot.

Just Sold!

by Ashley Franchini Team

We are pleased to announce that both 219 N. Mansfield and 3910 Atlantic have been sold.

If you are interested in seeing any of our properties for sale, or have a home you are considering selling--give us a call.  We are happy to help in any way we can.

Longport - The Best Port!

by Ashley Franchini Team

Located at the southern tip of Absecon Island, Longport is one of the premier South Jersey shore destinations.  A quiet and peaceful enclave, this small town (less than ½ square mile) is best known for its impeccably clean beach and some of the most stunning homes in this part of the state.  The family entertainment of Ocean City is just to the south, and the dining and nightlife of Atlantic City is only six miles to the north, but both seem a world away from Longport’s calm and privacy.

First settled in 1695, Longport was far more commercial then the mainly residential town is today.  It boasts an interesting history and many stories—which you can hear about at the Longport Museum on Atlantic Avenue.  

To explore more of what Longport has to offer, please give me a call.  I look forward to showing you around town and introducing you to some amazing properties.

Ocean City

by Franchini Real Estate Team

Did you know that during Revolutionary War times, Ocean City was a small island on the South Jersey shore that farmers used to hide their livestock from pilferers? The high sand dunes made a perfect hiding spot!

The town of Ocean city was not incorporated until October 20, 1879 by Methodist clerics. From its religious origin, Ocean City remains a “dry” town today, and is a premier destination for families, boasting eight miles of wide, sandy beaches and two and a half miles of boardwalk.

From generations-old food favorites including Mack & Manco’s pizza, Johnson’s Caramel Corn, James Candy and Fralinger’s Salt Water Taffy to the array of shops offered on the boardwalk and in the center of town, there are plenty of off-the-beach diversions. Watching the kite fliers on the beach is great fun
for kids, and for the more daring there is always the Ocean City Ferris wheel. Or, get out of the sun and try a game of mini golf at one of the miniature golf courses on the boardwalk.

Ocean city gets 85 out of 100 on the walk-ability scale. Most amenities are easily accessible to all fitness
levels.

To learn more about Ocean City features and to find your new home please contact Ashley at 609-233-
6116 or view all my listings at www.franchinirealestate.com.

Should I Buy a Home Now?

by Ashley Franchini

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

Displaying blog entries 201-209 of 209

Contact Information

Photo of Ashley Franchini Real Estate
Ashley Franchini
Soleil Sotheby's International Realty
8502 Ventnor Ave
Margate NJ 08402
Cell: 609-233-6116
Fax: 609-487-8001

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