A Message from Michelle discussing the 2023 Year End LBI NJ Market Report Here on Long Beach Island, the frenzied COVID years have ended and a more stable market has taken its place, relatively unaffected by rising interest rates and a slow economy. The limited inventory on LBI has significantly impacted market activity with eager […]
October 2023 LBI NJ Market Report
A word from Michelle discussing the October 2023 LBI NJ Market Report As Thanksgiving and the Christmas season rapidly approach, we see Long Beach Island sales data trending downward along with the temperatures. The hope of a post-season rally did not materialize and inventory for active single-family homes remains low at 119 properties, well below […]
September 2023 LBI NJ Market Report
A Message from Michelle discussing the September 2023 LBI NJ Market Report… The long-awaited Fall selling season has finally arrived, bringing with it a wave of new property listings that has sparked optimism among patiently waiting buyers. Data reveals a 35% uptick in listings for September 2023 compared to the same month in 2022. While pending […]
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