Showing posts with label new jersey real estate. Show all posts
Showing posts with label new jersey real estate. Show all posts

Sunday, January 20, 2008

Ocean City NJ Real Estate Market - Jan 2008

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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).
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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 -
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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 ..."
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For a search of Ocean City real estate available today visit Beach4Sale.com