LBI Real Estate Market Appreciation vs Depreciation
Long Beach Island Real Estate
There are a lot of questions in the financial world right now. Inflation is out of control, gas prices are through the roof, and interest rates are rising. This has left a lot of buyers and sellers wondering what the future holds for the Long Beach Island real estate market and the national real estate market in general. It seems clear that we are either in or are heading into a recession caused mainly by inflation. In this kind of environment, history has shown us that real estate tends to perform very well. Despite higher borrowing costs, there are many reasons to be optimistic about the future of the LBI real estate market. To understand the current state of the market and make some predictions on where the market is heading, we have to know if the market will appreciate, depreciate, and to what degree we will see a change.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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