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February 19, 2026

It hasn't warmed up THAT much yet...but it won't be long!
SIX PERCENT, ZERO POINTS!
Thirty-year mortgage rates have inched downward again and reached 6%
last week, for both conforming and jumbo (above $832,750) loan amounts,
with zero points. Fifteen-year rates reached 5.5% for
both conforming and jumbo loan amounts, also with zero points. If
you've been watching mortgage rates before making your shore purchase,
this may be a good time to jump in! Call or email me if you'd like
the names of reliable mortgage lenders that can provide you with a
pre-approval, improving your negotiating position as a buyer.
AVALON'S LEGENDARY LIFEGUARD, Murray
Wolf passed away earlier this week. Wolf retired as Captain of the
Avalon Beach Patrol in 2021, after 65 years of service. One of
Avalon's competition life boats proudly wears the name "Captain G.
Murray Wolf" on its bow, honoring Wolf's 65 years with ABP. Wolf's
son Matt has followed in his footsteps, and currently serves as the
captain of the ABP.
THE ICE MAY BE
GONE, but some damage remains.
Some pilings not protected by bubbler or deicer systems were
"ice jacked," or lifted out of the mud by ice gripping the pilings as
the tide rose. Similar damage has been reported to some
Intracoastal Waterway day markers (pilings with red or green navigation
markers on top), as shifting ice flows lifted the day markers or pushed
them over during tide changes.
FUNDING FOR BEACH PROJECTS is an ongoing concern for shore
communities, who rely on beaches for both tourism and storm protection.
After last year's cut to federal beach funding, Representative Jeff Van
Drew has introduced bipartisan legislation along with Rep. Laura Gillen
of New York, to create a permanent source of funding for US Army Corps
of Engineers beach replenishment projects. Meanwhile, Avalon Mayor
John McCorriston and Business Administrator Scott Wahl met with New
Jersey Governor Mikie Sherrill's staff to press for the governor to
declare a state of emergency regarding beach funding. Such a
declaration would allow easier access to federal funds. Prior NJ
Governor Phil Murphy denied a similar request in December. Avalon,
Stone Harbor, Sea Isle City, Ocean City, Upper Township, and Cape May
have all passed resolutions asking Governor Sherrill to issue the
declaration.
UPCOMING EVENTS:
Estate Planning Discussion.
Attorney Marianne Johnston will discuss Estate and Long-Term Care
Planning. Topics will include protecting retirement plans, protecting
children's inheritance through a Bloodline Trust, and protecting assets
from Nursing Homes and Medicaid. No registration required. Avalon
Free Public Library, Friday, February 27th, 2pm to 3pm.
The Fiddle Club Presents: Irish Folk Music.
Irish jigs, reels, hornpipes and ballads as well as some classical
music. Avalon Free Public Library, Saturday, March 7th, 2pm.
Stone Harbor Shiver Polar Plunge
Weekend.
Pre-Shiver party at Yacht Club of Stone
Harbor, Friday, March 13th, 6pm. $35 entry fee, cash bar.
Pre-game at Fred's Tavern, Saturday, March 14th, 10am
Parade to the
beach, Saturday, March 14th, 12 noon.
Shiver Showdown, 96th Street &
the beach.
Polar Plunge, 96th Street & the beach, 1:15pm
After
party at Fred's Tavern with music by the Quinn Brothers.
Winter Wine Dinner Series.
Carefully curated four-course menu paired with exceptional wines.
Cape May Winery, Friday, March 20th, 6pm.
Read More
Somm's Table: Chile.
Explore and taste Chilean wine. The Washington Inn, Saturday,
March 21, 3pm.
Read More
Bird Migration 101.
Avalon Free Public Library, Saturday, March 28th, 1pm.
Avalon's Bunny Hop. Meet the
Easter Bunny! Veterans Plaza, Saturday, April 4th, 11am to 2pm.
Easter Brunch at Icona Avalon. Sunday, April 5th, 10am to 2pm.
Details here
Easter Brunch By
the Bay. TThe Reeds at Shelter Haven, Sunday, April 5th,
10:30am to 3:30pm.
Read More
Stone Harbor Job
Fair. Details to follow. Saturday, April 11th.
Avalon Garden Club Spring Card Party:
Cheers to 50 Blooming Years! Avalon Community Hall,
Thursday, April 16th, 11:30am to 3pm. Contact Joanna Morrison for
tickets at 609-675-6846.
Spring
Dune Grass Planting. Avalon Community Hall, Saturday, April
18th, 8:30am. Please RSVP to Jordan Sykes at Community Hall:
609-967-3066 or
jsykes@avalonboro.org
Recent Listings:

55 W 32nd Street, 1A, Avalon, $1,185,000, ACTIVE
MLS#: 260375

248 81st Street, Unit A, Stone Harbor, $1,599,000, ACTIVE
MLS#: 260334

181 7th Street, Avalon, $2,899,000, ACTIVE
MLS#: 260325

247 85th Street, Stone Harbor, $3,350,000, ACTIVE
MLS#: 260344

243 87th Street, Stone Harbor, $4,699,000, ACTIVE
MLS#: 260352

145 112th Street, Stone Harbor, $7,695,000, ACTIVE
MLS#: 260320
PROPERTIES UNDER CONTRACT:

29 E 28th Street, 7, Avalon, $729,777, UNDER CONTRACT
MLS#: 253044

285 14th, 285, Avalon, $1,300,000, UNDER CONTRACT
MLS#: 260221

301 80th Street, Cambridge Greene - Unit B24, Avalon, $1,495,000, UNDER
CONTRACT
MLS#: 252742

164 93rd Street, Stone Harbor, $4,399,000, UNDER CONTRACT
MLS#: 252920

25 W 32nd Street, Avalon, $5,495,000, UNDER CONTRACT
MLS#: 252919
PROPERTIES sold:

23 W 23rd Street, Avalon, $2,800,000, SOLD
MLS#: 260249

10108 Second Avenue, Stone Harbor, $3,100,000, SOLD
MLS#: 260140

2988 1st Avenue, Avalon, $2,935,407, SOLD
MLS#: 250086
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