Long Beach Island Real Estate Buyer Conditions Improve
Long Beach Island Real Estate
Since Spring of 2020 in the depths of COVID-19, the number of homes for sale on Long Beach Island has been in a steady state of decline. Buyers flocked to the LBI real estate market, and with demand at an all-time high, the supply of homes for sale evaporated. Anyone who has been looking to purchase a home in the LBI real estate market is well aware of this. The good news is, inventory is improving for buyers in the LBI real estate market. While the supply of homes is still far less than average and nowhere near enough to meet current demand, we have seen a few weeks when more new homes were entering the market than pending transactions.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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