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Sea Isle City Real Estate Market Update: Update on Sea Isle City Real Estate Market

Posted on Tuesday, July 12th, 2022

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
An Update on the Changing Sea Shore Area Real Estate Market
There’s been so much news lately relating to the economy and real estate. If you’re planning to buy or sell a home soon, you may be wondering what it means for you.
The housing market, which received a boost from record low interest rates during the Covid-19 pandemic, has begun to shift.
The Arrival of a More Balanced Market
With mortgage interest rates and home prices on the rise, we expect the housing market will continue to cool from the surge in demand we’ve seen the last few years. As a bright spot for buyers, the number of homes on the market is expected to increase, bringing back a more balanced market.
For Property Owners Interested in Selling
It’s still a great time to put your property on the market because the supply of homes available remains at record low levels. Even if the number of sales decline from last year, the real estate market is on track for an overall good year.
The pause in mortgage rate activity should help the housing market rebalance from the breakneck growth of a seller’s market to a more normal pace of home price appreciation.
?Take advantage of the lower mortgage rates while they still last!
Looking to find the perfect Vacation Rental? Need help getting your house rented?
Ask for Sandy, Ian or Kyle! 609 263-1431
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!
Seashore Team of Long & Foster Real Estate
4914 Landis Avenue, Sea Isle City, NJ 08243 | 609.263.1431 | 609.263.2267 |
If your property is currently listed with another broker, please consider this informational and not a solicitation.