Jersey Shore Real Estate

Disproportionate Number of NJ Women Legislators Must Step AsideBecause of Shifted District Lines

NEW BRUNSWICK, NJ - Five incumbent New Jersey assemblywomen – more than one fifth of the women currently serving – will not run for reelection because of the redrawn state legislative map. At the sametime, newly drawn district lines have opened doors for new women to run for the legislature inthe June 7th primary. A current assemblywoman is favored to win the only open Senate seat.And if predictions for November prove accurate, one district could elect New Jersey’s first allwomanlegislative delegation.

“In a state where 28% of the current legislature is female, women make up 70% of thelegislators who will retire from the legislature as a result of redistricting,” says Debbie Walsh,director of the Center for American Women and Politics, a unit of the Eagleton Institute ofPolitics at Rutgers, The State University of New Jersey. “The impact of the new map has beenespecially harsh on incumbent Democratic assemblywomen, with one quarter of them leavingthe legislature. We’ve expanded women’s representation in the Garden State significantly inrecent years, but that progress may now be slowed.”

A record 23 women (12 D, 11 R) are seeking State Senate seats in the primaries, while 50 women(27 D, 23 R) are running for the Assembly, down from the 2007 record of 51. The record total of73 women running for the legislature is up from the previous high of 68 women primarycandidates in 2007, the last time all seats in both houses were on the ballot. (See table below.)

Changes in Legislative Map Alters Prospects for Women.

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Top 10 Most Important Property Listing Features for Home Buyers (Cumulative Averages, 1 = Least important, 5 = Most important):

1. Wide selection of photographs (4.3)
2. Location of the property on a map (4.1)
3. Room sizes (4.0)
4. Floor plans (3.9)
5. Town name (3.8)
6. House number (3.57)
7. Street name (3.57)
8. Room description (3.51)
9. 360 virtual tours (3.4)
10. Information on local services, eg. shops and schools (3.2)

Businesses are showing signs that they're ready to spend. The federal government is inducing them to spend, a new rule permits businesses to depreciate their investments right away rather than over several years.

If business spending picks up it won't be a moment too soon. The housing market is tapped out. Unemployment remains historically high and the bulk of the household wealth is tied to home equity, and many households are looking at a lower net worth. Just as the businesses are ready set and go, the global economy now faces shocks fromt he unrest of the Middle East and Northern Africa.

While Egypt is not a big oil exporter, Libya is and so are many other countries in the region. When Hosni Mubarak was ousted from Egypts government in February oil prices jumped to more than $100 per barrel. If it continues like this then we Americans are shipping out of our country more than $200 million a day for gasoline and other energy costs.

And when the higher prices continue the economy could face another plunge into recession.

 

Borrowers Face Higher Monthly FHA Premiums

The FHA has increased the mortgage insurance premium (MIP) by 25 basis points for loans with case numbers assigned on or after April 18. This increase, which is the third int he last 12 months, is necessary to resotre the agency's finances, which remain under a required 2 percent reserve, the FHA says. The National Association of Realtors opposes this increase, because it will cost the average buyer an extra $30.00 per month that's an extra $360 per year. Existing borrowers are not affected. The upfront MIP will remian unchanged at 1percent. for more www.hud.gov (mortgage letter 11-10)

Many years ago in England , pub frequenters had a whistle baked into the rim, or handle, of their ceramic cups. When they needed a refill, they used the whistle to get some service. "Wet your whistle" is the phrase inspired by this practice.

 

04.23 - Two Rivers Garden Tour RESERVE NOW for June 4 and 5. The 17th annual sightseeing excursion to some of Monmouth County's most elegant and spectacular backyards (now presented without the accompanying Antiques Show, relocated to October) offers tours of five properties in Little Silver, Locust, Rumson and Shrewsbury. Call 732.923.6886 or visit www.tworivershow.org for full details.

The Easter Egg Hunt will be held at 11 am sharp on the public beach Saturday, April 23rd. If it should rain (Most Likely) children can visit with the Easter Bunny in the Sea Bright Gym at 11 am. We will not have a egg hunt in the gym but the Easter Bunny will give each child a bag of eggs and other goodies.

Tervis Tumbler has kept drinks and their containers cool for 65 years. In 1946, Detroit engineers Frank Cotter and George Howlett Davis hit upon a refreshing idea: insulated plastic cups iwth double walls that maintain a beverage's temperature and provide a spot for displaying fun fabirc designs.. the name comes from combining both of their names. This company is based on florida's west coast. They offer five tumbler sizes, plus mugs and ice buckets all made to order.

website: www.tervis.com