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Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts Blog

Thursday, May 21, 2020   /   by Teresa Dipeso

6 Reasons Why Selling Your House on Your Own Is a Mistake

There are many benefits to working with a real estate professional when selling your house. During challenging times like the one we face today, it becomes even more important to have an expert help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner or FSBO, please consider the following:
1. Your Safety Is a Priority
During this pandemic, your family’s safety comes first. When you FSBO, it is incredibly difficult to control entry into your home. A real estate professional will have the proper protocols in place to protect not only your belongings, but your family’s health and well-being too. From regulating the number of people in your home at one time to ensuring proper sanitization during and after a showing, and even facilitating virtual tours for buyers, agents are equipped to follow the latest industry standards recommended by the National Association of Realtors (NAR) to help protect you ...

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Wednesday, May 20, 2020   /   by Teresa Dipeso

Weekly Mortgage Applications Point to a Remarkable Recovery in Home Buying

Key Points



Purchase volume was just 1.5% lower than a year ago, a rather stunning recovery from just over a month ago, when purchase volume was down 35% annually




Mortgage applications to purchase a home rose 6% last week from the previous week, according to the Mortgage Bankers Association.

If mortgage demand is an indicator, buyers are coming back to the housing market far faster than anticipated, despite coronavirus shutdowns and job losses.
Mortgage applications to purchase a home rose 6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Purchase volume was just 1.5% lower than a year ago, a rather stunning recovery from just six weeks ago, when purchase volume was down 35% annually.



“Applications for home purchases continue to recover from April’s sizable drop and have now increased for five consecutive weeks,” said Joel Kan, an MBA economist. “Government purchase ...

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Wednesday, May 20, 2020   /   by Teresa Dipeso

Memorial 2020 at the Jersey Shore

The beaches and boardwalks throughout Cape May County may look a little different this summer but there is no reason why you can’t enjoy your time at the shore. While restaurants are not offering indoor seating this weekend, most establishments are providing take out and delivery. Grab a meal, and alcoholic beverage and enjoy it overlooking the beach or bay. This is a great way to support local businesses who are only open a few months a year and waiting to open at full capacity.


While the amusements and arcades won’t be open, area boardwalks are open for walking, jogging, and bike riding. This may also be a great time to explore what Cape May County has to offer. Take a whale and dolphin cruise, charter a fishing trip, visit one of the local golf courses and take the family horseback riding. 




New to the shore are “Ambassadors” who you will see around town on the beach and boardwalks. Ambassadors will be reminding visitors about social d ...

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Tuesday, May 19, 2020   /   by Teresa Dipeso

The Latest Jersey Shore Beach and Boardwalk Openings

May 19, 2020

Jersey Shore beachgoers have reason to celebrate as beaches and most boardwalks are opening in time for the holiday weekend that kicks off summer. Gov. Phil Murphy gave municipalities the green light May 14, amid the coronavirus pandemic, to implement their plans to reopen the Shore.
The governor had issued an executive order in April that gave municipalities the option to restrict access to their ocean fronts. Many closed their beaches and boardwalks or had restrictions in place.
Shore destinations will have a different feel this season as restrictions are in place that include the practice of social distancing, strong recommendations to wear face masks and no dining in at eateries. Additionally, organized games and contact sports are not permitted. Festivals, fireworks and concerts are canceled. Amusement parks, rides and arcades remain closed. Restaurants will offer takeout and delivery. Retail establishments will have curbside pickup.
The Jersey Shore is welcomin ...

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Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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