Sea Shore Area:The sudden surge in mortgage rates led to a sudden and significant cool down in the housing market in May. However, mortgage rates are now stabilizing and Sea Shore Properties remain in short supply, so while we do expect home price growth rates to decline, we don’t expect prices to fall.
Following three weeks of declines, mortgage rates reversed course and headed back up this week. However, the upcoming rate hike will likely have a smaller impact on mortgage rates this time.
?Take advantage of the lower mortgage rates while they still last!
A Huge Thank You to Our Clients and Colleagues who helped us reach this Level Of Achievement!
We Sincerely Appreciate your Business and Partnership!
The SeaShore Teamof Long and Foster Real Estate, Inc of Sea Isle City - continues to be Sea Isle City’sHighest Producing Real Estate Team. The Sea Shore Team’s success of Selling and Renting over $95 Million a Yearis a result of the Service and Commitment to their Clients. The members of this team areexperts in the community, offering valuable insight and understanding to the Buying, Selling and Renting Experience often connecting with their clients beyond the sale who highly recommend them.
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Contact us today and let us put our Knowledge and Expertise to Work for You!
If your property is currently listed with another broker, please consider this informational and not a solicitation.
Clients Say:
"A great guy and a pleasure to work with. From the first minute that we contacted Nick he was informative, honest and made himself easily accessible. He always kept our wants and concerns at the top of his list when recommending any homes. We would highly recommend Nick to anyone who is looking to buy, sell or rent a property down the shore."
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