Mortgage Rates Retreat, but Housing Market Supply Crunch Won't Let Up

 Rates for home loans fell in tandem with the bond market, a welcome respite for the housing market after a recent run-up in home financing costs. The 30-year fixed-rate mortgage averaged 4.85% in the October 18 week, down 5 basis points, mortgage buyer Freddie Mac said Thursday. Rates for home loans –  15-year fixed-rate mortgage averaged […]

Booming Asbury Park

Do you remember those days when the wealthy wouldn’t even think about stepping foot into Asbury Park, let alone buying a house there? Well, those days have come to an end as the housing prices and quality of the homes have gone up. Budget travel magazine ranked Asbury Park as the “coolest small town in […]

Just listed in Cedar Village

This three bedroom 2.5 bath Exeter model sits on a magnificent corner Location in Cedar Village. Beautifully upgraded with the finest attention to detail. This home features a designer kitchen with maple cabinets, quartz surfaces and GE Café Series Appliances. Master suite with luxurious bath and walk in closet. Enjoy the sunroom that leads to […]

Pick of the Week – 307 Ocean Avenue, Avon-by-the-Sea

The Connolly Agency’s pick of the week located at 307 Ocean Avenue, Avon-by-the-Sea, NJ. LARGE HOME, BIGGER THAN IT LOOKS. FABULOUS OCEANFRONT COLONIAL W/ PANORAMIC OCEANVIEWS. 5 bedroom, 3.5 baths, open floor plan, 3 fireplaces, hardwood floors, steam shower, designer kitchen w/ center island.  Home has a first floor enclosed porch and second and third floor oceanfront […]