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Sea Isle City Real Estate Market Update: Check Out What's New in Sea Isle City!

Posted on Monday, August 07th, 2023

4914 Landis Ave Sea Isle City, NJ 08243 Direct: 609 263 1431 Office: 609 263 2267
Sea Isle City Sale Market Update:
The Sea Shore real estate market is poised for better days ahead as the short-lived “housing recession” comes to an end.
Bidding wars have returned as homebuyer demand soars, even as inventory remains sparse. The number of Sea Shore homes on the market remains historically low while Buyers Dreams to become Sea Shore homeowners remains high.
Lawrence Yun, chief economist at the National Association of REALTORS® said “Home sales are likely bottoming out this year before an upturn next year, But it’s contingent on mortgage rates falling.”
?Settled Sales Volume for SECOND Quarter 2023!
A Huge Thank You to Our Clients and Colleagues who helped us reach this
?Level of Achievement!
We Sincerely Appreciate your Business and Partnership!
In the coming months, with inflation easing, one hopes the Fed will stop rate increases to the federal funds rate, which will lower mortgage interest rates in the fall and winter months.
Mortgage Rates range from 5.875% to 6.875% depending on terms.
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Ask for Sandy, Ian or Kyle! 609 263-1431
Ask for Sandy, Ian or Kyle! 609 263-1431
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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.
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.