Sea Isle City Real Estate Market Update: Week in Review!

Posted on Monday, June 20th, 2022

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267 Sea Shore Area: Mortgage rates going forward will continue to be responsive to changes in expectations around the Fed’s policy path as well as inflation expectations. The Sea Shore housing market is still extremely tight, with inventory levels remaining near historic lows, leaving room for the market to absorb falling demand. Sea Isle City April Market Report New  Listings Price Changes Recent Under Contracts Sold & Settled All Under Contracts All Active Listings Search All MLS View Other Shore Area New Listings The latest increase in mortgage rates has largely been attributed to the Fed’s hike of 75 basis points to its key benchmark rate. It’s possible that this large increase could be somewhat of an over-correction on the part of lenders, and, as a result, it may fall somewhat over the coming weeks as lenders better adjust to the current high-inflation environment. ?Take advantage of the lower mortgage rates while they still last! Current Interest Rates More About This Week’s Rates Looking to find the perfect Vacation Rental? Need help getting your house rented? Ask for Sandy, Ian or Kyle! 609 263-1431 View Available Rentals Rental Listing Agreement Sea Shore Team of Long and Foster RANKED #1 with OVER $95 MILLION in ?Settled Sales and Rental Volume for 2021! 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 Team of Long and Foster Real Estate, Inc of Sea Isle City - continues to be Sea Isle City’s Highest Producing Real Estate Team. The Sea Shore Team’s success of Selling and Renting over $95 Million a Year is a result of the Service and Commitment to their Clients. The members of this team are experts 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. ? Contact us today and let us put our Knowledge and Expertise to Work for You! Learn About Our Team View Our Team Sale Record Testimonials  ? ? ? Seashore Team of Long & Foster Real Estate 4914 Landis Avenue, Sea Isle City, NJ 08243 | 609.263.1431 | 609.263.2267 | SeaShoreTeam.com If your property is currently listed with another broker, please consider this informational and not a solicitation.