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Sea Isle City Real Estate Weekly Update

Posted on Monday, March 27th, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
Sea Isle City Market Update:
SeaShore Area:
Buyers appear ready to act upon movement in mortgage rates. “Conscious of changing mortgage rates, home buyers are taking advantage of any rate declines,” says NAR Chief Economist Lawrence Yun. Home prices also are stabilizing, as Yun has previously predicted.
Mortgage rates are following the downward trend of 10-year Treasury yields, which is helping to lift homebuying demand.
Jumbo Rates range from 5.75% to 6.125% depending on terms.
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?Settled Sales and Rental Volume for 2022!
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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 $85 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.
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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.