Ocean City, New Jersey - There IS Good News from the Jersey Shore regarding the real estate market ! Last year's sales volume increased better than 10 % over the year before, due to adjusting prices, attractive interest rates ( 30 year fixed under 5.75% today ), and a healthy inventory (more choices for buyers).
As expected, there are still pockets of real estate still experiencing sluggish results - Too much supply and not enough demand for property priced above $900,000 - However, no matter WHAT price range you're looking at, there IS activity - and homes/condos ARE selling -
If you're still deciding on whether to buy Ocean City real estate priced from $300,000 to $600,000 here's my advice - "Don't take TOO long to sleep ON it, or you may not get to sleep IN it ..."
For a search of Ocean City real estate available today visit Beach4Sale.com