By Paul Goldfinger, Editor @Blogfinger
Some of you may remember Arlene Fox who ran the Re/Max office at 45 Main Avenue in Ocean Grove at the turn of this century. That business was closed, and Diane Turton moved in. Now three local realtors have reopened Re/Max at this address once again. The will have their official opening in early December, but they are now open and operating, as you can see from the sign above.
There are about 50 homes for sale in the Grove ranging in price from $299,000 to $2.2 million. Some local realtors say that there isn’t much available in town, but this sounds like quite a few. Mortgage rates have been climbing rapidly lately, rising to about 4.3%, with the risk of going higher looming in the future. The feds are talking about raising rates. Also, there have been concerns expressed in the Times regarding the potential for falling prices in coastal communities, especially in flood prone shore towns. Some owners are thinking about selling.
Realtors have to apprise shoppers of environmental risks.
EDDY DAVIS AND CONAL FOWKES “Hannah and her Sisters.” from the album Live at the Hotel Casa Fuster Barcelona: Selections from Woody Allens motion pictures.