How Is The Long Beach Island Real Estate Market This Year Compared To Last Year

Dated: September 20 2022

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How Is The Long Beach Island Real Estate Market This Year Compared to Last Year

Long Beach Island Real Estate

There is no doubt that both sellers and buyers in the LBI NJ real estate market are facing a new environment. Over the past two years, the Long Beach Island and national real estate market have been on fire with bidding wars and a “name your price” mentality for sellers. Buyers have benefitted from incredibly low interest rates and enjoyed almost immediate equity appreciation. While the market still favors sellers, there are new opportunities for buyers. We are seeing more “normal” market conditions, such as home inspections and mortgage contingencies, as we enter a more balanced real estate market on Long Beach Island. That leaves us asking, how is the LBI real estate market doing this year compared to last year?

Click here to search all homes for sale in the Long Beach Island NJ real estate market

More LBI Real Estate Information:

An Overview of Buying a Home in the Long Beach Island Real Estate Market

5 Questions to Ask Your Long Beach Island Real Estate Listing Agent

Four Reasons to Use an LBI Real Estate Agent

What is an LBI Real Estate Seller’s Market

Why Getting a Mortgage Pre-Approval is So Important When Buying a Home in the LBI NJ Real Estate Market

The Hidden Costs of Buying a Home in the Long Beach Island Real Estate Market

All About Long Beach Island New Jersey

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Nathan Colmer

LBI Office 12800 Long Beach Blvd Beach Haven Terrace NJ 08008 I have lived on LBI my entire life and am actually the 4th generation in my family to do so. This have given me a deep knowledge base ....

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