Will More Homes Be For Sale in the LBI Real Estate Market
Long Beach Island Real Estate
Inventory is low on LBI, there is no doubt of that. Buyer demand in the Long Beach Island real estate market is still strong, and there are simply not enough homes to go around. Even in the face of higher interest rates, home prices on LBI have risen over the past year, and inventory has fallen. This begs the question, will more homes be for sale in the LBI real estate market? There are a few ways we may see the number increase, but it is hard to see a path where inventory will return to a pre-COVID market level in the near future.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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