Why Buying a Home in the Long Beach Island Real Estate Market Makes Sense Right Now
Long Beach Island Real Estate
There is no doubt that we are in a competitive market. Prices are high, inventory is low, and this is a seller’s market. That said, there are buying opportunities as well, and there are short and long-term benefits to buying a home in the LBI real estate market. Chief among these are:
- The long-term benefits of homeownership generally outweigh the short-term struggles we see in the LBI real estate market.
- Interest rates are so low, the cost of ownership has fallen in many scenarios.
- Inventory will likely start to improve, making buying a home a bit easier, but prices are also likely to continue to rise.
Above all else, buying a home in the LBI real estate market is a personal decision. If it makes sense to buy a home for you and your family, this is the right time. If it does not, then it may be best to wait.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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