Two LBI Real Estate Questions Buyers Should Be Asking
Long Beach Island Real Estate
Undoubtedly, the LBI real estate market has changed over the last few months. Like the national real estate market, we see more restraint from buyers. This is not to say that the Long Beach Island real estate market is headed for a crash, far from it. Rather, we are moving into a more balanced market. The recent increase in mortgage rates has slowed things down and made the cost of owning a home more expensive. This has left some buyers wondering if this is the right time to buy a house on LBI. That is a very personal question and largely depends on your wants and needs, but there are two essential questions to ask yourself. They are:
- Where do you think prices in the LBI real estate market are heading?
- Where do you think mortgage rates are heading?
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:
Financing Options in the LBI Real Estate Market
How LBI Buyers Are Approaching Rising Interest Rates
Ways to Use Equity in the LBI Real Estate Market
DIY Home Improvements That Can Increase Your LBI Real Estate Value
No comments:
Post a Comment