Long Beach Island Real Estate Market Sales Explained in Four Current Trends
Long Beach Island Real Estate
The LBI real estate market has changed a great deal since COVID. While sales were strong and confidence in the LBI real estate was high before 2020, the sales market saw significant changes in consumer behavior. As we move further into 2021, it is clear that there are opportunities for both buyers and sellers in this market. Any buyer or seller looking to invest in the Long Beach Island real estate market needs to understand the current trends that we are experiencing and understand how to react to them. Currently, the Long Beach Island real estate sales market can be explained in four trends. They are:
- There are not enough homes for sale in the LBI real estate market, but that is starting to improve
- Interest rates are still very low, creating an opportunity for buyers.
- Increased demand has led to multiple offers on many homes
- Prices have risen dramatically and are likely to keep increasing
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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