Why Coronavirus May Create an Opportunity to Sell Your LBI Home
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Selling Long Beach Island Real Estate During Coronavirus
Coronavirus or COVID-19 dominates the news and the minds of everyone these days. The LBI real estate market is no exception. While the pandemic has altered how we sell homes, selling a Long Beach Island home during COVID is still possible. There are reasons why coronavirus may create an opportunity to sell your LBI home.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
Selling A Long Beach Island Home During COVID
Inventory is Low
The Long Beach Island real estate market is witnessing some of the lowest inventory levels in over a decade. The number of homes for sale in the LBI real estate market was already deficient at the beginning of the year, and coronavirus has only enhanced that trend. Less competition can be beneficial when trying to sell
Buyers are Serious
Buyers are looking for homes on Long Beach Island, and they are serious. Coronavirus seems to have removed many of the “casual” buyers from the market. In other words, if someone is taking the time to travel to Long Beach Island and look at homes for sale, the most likely are serious about buying a home.
Prices and Interest Remain Strong
While the economic impact of COVID is undeniable, currently, the LBI real estate market has remained steady. Homes are selling on Long Beach Island. While the number of pending sales is down, we are seeing more and more activity each day.
Why Coronavirus May Create an Opportunity to Sell Your LBI Home
It is important to remember that coronavirus is changing daily. The trends we see today may not be relevant tomorrow. Therefore, we have to take COVID day by day and react accordingly. The good news is, for now at least, the Long Beach Island real estate market is doing very well. If you have any questions about buying, selling or investing in the LBI real estate market, please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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