Long Beach Island New Jersey Real Estate | LBI NJ Real Estate | Nathan Colmer

LBI Real Estate Market Slowdown

Nathan Colmer | Van Dyk Group

C: 609.290.4293 | O: 609.492.1511

LBI Real Estate Market Slowdown

 

A falling real estate market can have many names. Slowdown, dropping, decreasing, crashing, shifting market, etc. but they all mean the same thing...prices of homes are falling. On Long Beach Island, like elsewhere, this is a natural cycle however LBI tends not to see as significant a drop as some primary markets. As there are some indicators that the real estate market may be falling it is prudent to explore the ins and outs of buying, selling and investing during a LBI real estate market slowdown. I have broken this section into four primary categories. Buying, selling, investing and market trends. Each will focus on a decreasing Long Beach Island real estate market and how to successfully navigate such a market.

 

 

LBI Real Estate Market Slowdown

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LBI Real Estate Market Slowdown

Buying in a LBI Real Estate Market Downturn

Buyers usually benefit the most from a falling real estate market, provided they exercise patience and discipline. The key fundamentals that drive value in the Long Beach Island real estate market cannot be ignored and are the key (no pun intended) to success. In this section we will go over what determines value and how to best capitalize on a falling Long Beach Island market.

 

 

 

LBI Real Estate Market Slowdown

Selling in a Slow LBI Real Estate Market

Sellers are usually the hardest hit in a slower market but there are opportunities for sellers as well. In this section we will go over market timing, the advantages of selling in a slower market and discuss if a wait and hold approach is your best strategy.

 

 

 

LBI Real Estate Market Slowdown

Investing on Long Beach Island New Jersey

A slow market can offer real opportunity to invest on Long Beach Island. Whether it be in the form of a long term rental property or a house flip (spec house), investing in a slower market may make sense and balance your overall portfolio. This section will cover rental income and spec house timing as well as the risks associated with both.

 

 

 

LBI Real Estate Market Slowdown

Long Beach Island Real Estate Market Trends

This section will broadly cover the developing market trends on Long Beach Island. Review the current trends developing in the LBI real estate market to anticipate when is the best time for you to buy or sell a home.

 

 

 

Real Estate Note

A slow market is nothing to fear. Rather it is best for both buyers and sellers to seek out opportunities in the market and capitalize on them. Even if you bought at the height of the market as the market recovers, so too will any lost equity position.

 

 

More Information about Buying, Selling and Investing in a LBI Real Estate Market Slowdown

 

Do Year Over Year LBI Real Estate Sales Point To A Slow Market?

Long Beach Island Real Estate Year Over Year Sales Long Beach Island Real Estate The LBI real estate market has been seeing a strong period of growth with higher prices and higher activity. 2018 signaled a slow down in the number of home sales-the first since Hurricane Sandy. This begs the questions Do Year Over...

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LBI Real Estate Market Appreciation

How Do Different Areas of the Long Beach Island Real Estate Market Appreciate Long Beach Island Real Estate The Long Beach Island real estate market is made up of many different locations. Each of these locations have pros and cons which can greatly impact the rate of market appreciation…or depreciation. As we are in a...

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LBI Real Estate Listing Price and Sale Price Ratios

Average Listing Price and Average Sale Price Ratios in the Long Beach Island Real Estate Market   Long Beach Island Real Estate When looking to make an offer on a home in the LBI real estate market it is helpful to understand the current market trends. I am often asked how much negotiation room there...

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Long Beach Island Real Estate Median Price Trends

Historic Median Sales Prices in the LBI NJ Real Estate Market Long Beach Island New Jersey Real Estate When looking to buy, sell or invest in the LBI real estate market it is very important to understand how prices have been developing over the past several years. On Long Beach Island I like to use...

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Your LBI Beach House is a Phone Call Away! Call Nathan Colmer 609-290-4293

Nathan Colmer

609.290.4293

ncolmer@vandykgroup.com

The Van Dyk Group

12800 Long Beach Blvd

Beach Haven Terrace NJ 08008

609.492.1511