Monday, March 18, 2024

Will LBI Real Estate Mortgage Rates Drop in 2024

 

Will LBI Real Estate Mortgage Rates Drop in 2024







Long Beach Island Real Estate

Home buyers in the LBI real estate market have been facing three notable challenges: low inventory, high prices, and high mortgage rates. Two of these challenges, inventory and home prices, are unlikely to change positively in the near future, but there may be some relief for buyers with mortgage rates in the coming year. The question is, what impact will lower mortgage rates have on the rest of the LBI real estate market?

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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