How Is The Long Beach Island Real Estate Market This Year Compared to Last Year
Long Beach Island Real Estate
There is no doubt that both sellers and buyers in the LBI NJ real estate market are facing a new environment. Over the past two years, the Long Beach Island and national real estate market have been on fire with bidding wars and a “name your price” mentality for sellers. Buyers have benefitted from incredibly low interest rates and enjoyed almost immediate equity appreciation. While the market still favors sellers, there are new opportunities for buyers. We are seeing more “normal” market conditions, such as home inspections and mortgage contingencies, as we enter a more balanced real estate market on Long Beach Island. That leaves us asking, how is the LBI real estate market doing this year compared to last year?
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
More LBI Real Estate Information:
An Overview of Buying a Home in the Long Beach Island Real Estate Market
5 Questions to Ask Your Long Beach Island Real Estate Listing Agent
Four Reasons to Use an LBI Real Estate Agent
What is an LBI Real Estate Seller’s Market
The Hidden Costs of Buying a Home in the Long Beach Island Real Estate Market
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