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North Wildwood | TERESA DIPESO JERSEY SHORE REAL ESTATE BLOG

Tuesday, February 13, 2024   /   by Teresa DiPeso

What's Really Going On With Mortgage Rates?

Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true.
The simplest answer is: that what you read or hear will vary based on the time frame they’re looking at. Here’s some information that can help clear up the confusion.
Mortgage Rates Are Volatile by Nature
Mortgage rates don’t move in a straight line. There are too many factors at play for that to happen. Instead, rates bounce around because they’re impacted by things like economic conditions, decisions from the Federal Reserve, and so much more. That means they might be up one day and down the next depending on what’s going on in the economy and the world as a whole.
Take a look at the graph below. It uses data from&nb ...

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Monday, February 5, 2024   /   by Teresa DiPeso

Avalon 2024 Concert Schedule

The Avalon Department of Recreation in conjunction with the Avalon Free Public Library will be presenting the concert series that begins June 20th. Surfside Park is located off the boardwalk between 29th and 30th Streets in Avalon featuring free parking lots, a Kids' Playground, plus a Stage for Shows and Events.
(Search All Avalon & Stone Harbor Listings Here!)
Check out the lineup for Thursdays At Surfside 2024 Avalon Summer Concert Series:
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Friday, January 26, 2024   /   by Teresa DiPeso

Renovation Funding Approved For Cape May-Lewes Ferry

The Delaware River and Bay Authority (DRBA) Commissioners have approved the agency's 2024 Capital Improvement.  Program (CIP) and unveiled a comprehensive Five-Year Strategic Plan aimed at enhancing airports and crossing facilities across the region. In the plan include major improvements to the Cape May-Lewes Ferry. 










One of the key components of the 2024 CIP is the Annual Vessel Maintenance & Dry Docking project for the Cape May Lewes Ferry. The planned projects include shipyard dry dockings, the acquisition of life-saving equipment, seating replacements, system efficiency upgrades, generator overhauls, and various other improvements. The estimated cost for this project in 2024 is $3,305,000, with a long-term budget of $43,913,000.
Another significant undertaking within the 2024 CIP is the New Vessel Design & Construction project for the Cape May Lewes Ferry fleet. This project encompasses the entire process of designing and constructing new v ...

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Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
5901 New Jersey Ave
Wildwood Crest, NJ 08260
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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