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Sea Isle City Nj | TERESA DIPESO JERSEY SHORE REAL ESTATE BLOG

Saturday, February 15, 2025   /   by Teresa DiPeso

Record Number Of People Planning To Buy In 2025

This could be the year to sell your house – and here’s why. According to a recent NerdWallet survey, 15% of people are planning to buy a home this year. That’s actually a record high for this survey (see graph below):

Here’s why this is such a big deal. The percentage has been hovering between 9-11% since 2020. This recent increase shows buyer demand hasn’t disappeared – if anything, it indicates there’s pent-up demand ready to come back to the market.

That doesn’t mean the floodgates are opening and that there’s going to be a huge wave of buyers like we saw a few years ago. But this does signal there’ll be more activity this year than last.

At least some of the buyers who put their plans on hold over the past few years will jump back in. Whether they’re feeling more confident about moving, they’ve finally saved up enough to buy, or they simply can’t wait any longer – t ...

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Monday, February 3, 2025   /   by Teresa DiPeso

Does Your Interest Rate Have You Trapped?

One phrase I often hear is, "My mortgage is 3%; I’d be crazy to sell!" While that low rate might feel like a win, staying in a home that no longer meets your needs could end up costing you more in the long run. Let’s be honest—interest rates aren’t the reason most people move.
Life changes, and so do the things we need and want in a home. Whether you’re feeling cramped, craving a change of scenery, or your family’s needs are shifting, staying in a home that no longer fits can create stress and frustration. A 3% mortgage is great, but you know what’s even better? Living in a home that works perfectly for you.
The truth is, there’s no "perfect" time to move. Plus, the equity you’ve built could make your next move more attainable than you might think—you don’t have to settle!
Thinking about your next step? Call me today and lets explore your options to finding a home that fits your life. ...

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Tuesday, January 21, 2025   /   by Teresa DiPeso

Steven Spielberg Movie Seeks Local Extras For March Shoot

Director Steven Spielberg is headed to New Jersey to film his next alien-themed movie and needs extras for scenes to be shot in Cape May County in March. 
(Search All Cape May County Listings Here!)
The film, tentatively titled "Dish," is slated to come out next year and will have a star-studded cast featuring Emily Blunt, Josh O'Connor, Colman Domingo, Eve Hewson and Colin Firth. The movie is being produced by Universal Pictures and Spielberg's Amblin Entertainment, the outfit behind classics like "E.T." and "Jurassic Park."
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A casting call issued Wednesday by Grant Wilfley Casting in New York seeks "Cape May locals" to appear as passengers at a train station and drivers in cars. The casting call describes the film with the code name "Non-View," although documents shared by Universal Pictures at last year's IMAX Investor Presentation refer to the project as "The Dish."
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The scenes are tentatively slated to be shot March 10-14 in Cape May. No actin? ...

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Saturday, January 11, 2025   /   by Teresa DiPeso

How Different Rates Can Change Purchasing Power

Some Highlights

Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn't try to time the market.
Instead, it's better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little bit, your monthly payment on your next home will too.
Want to see what this looks like at a different price point?  Reach out to me, your agent, as well as your preferred lender! ...

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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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