It Is Still An Active Market

Dated: 11/30/2015

Views: 959

Around this time of year things tend to slow down significantly on LBI...not quite the case this year. Rental activity looks like it is on pace and perhaps even going to be busier than last year, and last year was really crazy busy. Better properties are already becoming scarce, as it appears folks who waited a little too long last year are making sure they get in ahead of the crowd this year. A word to the wise. Sales are also unusually busy with plenty of buyers still poking around. Another word to the wise. Looks like it may be a very busy Spring at this point but still a little too early to call. Most think that the Fed will definitely do an increase in December. Remains to be seen how much and how many in the coming months. The resultant increase in mortgage rates is a certainty, once again it is a question of degree. I will not be surprised if we see an unusual bump in sales from folks who will be be anticipating this and looking to take advantage of the current rates while they last. Another word to the wise. Can' believe Christmas is right around the corner, so a wonderful and blessed holiday season to all.    

Latest Blog Posts

Town Wide Yard Sale In Surf City

Saturday, September 5, from 8:00 am to 6:00 pm marks the day and time of the next Surf City town wide yard can get a printed list of all the participating homes by going to www

Read More

Buying A Tear Down Home Or Building Lot On Long Beach Island New Jersey

There are very few empty building lots left on Long Beach Island; in today's market, the majority of new construction on LBI occurs when an older home is purchased as a teardown, then replaced with

Read More

Is A Brand New Construction LBI Long Beach Island Home Right For You

Do you want a home that you have helped design that fits your family's needs? Perhaps having an energy efficiency home to reduce cost is why you want to do this? How about having an instant equity

Read More

Buyers Are Waiving Contingencies To Sweeten Their Offers

what do you think about this?The pandemic and high unemployment rate haven't slowed the housing market. With home buyers facing heightened competition this summer for a limited number of homes for

Read More