Potential Interest Rate Cuts in September 2024 and Their Impact on LBI Real Estate Long Beach Island Real Estate As we approach September 2024, there is much speculation about potential interest rate cuts and how they could impact the LBI real estate home sale market. The real estate market in Long Beach Island (LBI) has READ MORE
Tag: Mortgage
LBI Real Estate Appraisals and Assessments
Long Beach Island NJ Real Estate Appraisals and Assessments Long Beach Island Real Estate Many buyers, sellers, and homeowners in the Long Beach Island real estate market need clarification on an appraisal and a tax assessment. An appraisal and a tax assessment are two different things, although they are both used to determine a property’s value READ MORE
What is an LBI Real Estate Mortgage Default
What Happens When a Buyer Defaults on a Mortgage in the LBI NJ Real Estate Home Sale Market? Long Beach Island Real Estate Buying a home in the LBI real estate market is one of the most significant investments you can make, and it requires careful planning and preparation. Unfortunately, life events can sometimes make READ MORE
Will LBI Real Estate Mortgage Rates Drop in 2024
Why Long Beach Island Real Estate Mortgage Rates May Improve Long Beach Island Real Estate Home buyers in the LBI real estate market have been facing three notable challenges: low inventory, high prices, and high mortgage rates. Two of these challenges, inventory and home prices, are unlikely to change positively in the near future, but READ MORE
LBI Real Estate Market Mortgage Rates Dropped
Long Beach Island NJ Real Estate Mortage Rates Dropped-Now What Long Beach Island Real Estate Last week saw a meaningful drop in the mortgage rates around the county. Of course, this means that mortgage rates in the LBI real estate market also dropped. The Long Beach Island real estate market is not that sensitive to READ MORE
The Importance of a Pre-Approval Letter in the LBI Real Estate Market.
Why a Pre-Approval is Important When Buying a Home in the LBI Real Estate Market Click here to search all homes for sale in the Long Beach Island NJ real estate market Long Beach Island Real Estate Buyers and Mortgages The LBI real estate market is still very competitive. With inventory levels at an all-time READ MORE
Fannie Mae and the LBI Real Estate Market
Fannie Mae: A Guide to Fannie Mae and How it Affects the Long Beach Island New Jersey Real Estate Market Click here to search all homes for sale in the Long Beach Island NJ real estate market Long Beach Island Real Estate Fannie Mae is one of the world’s largest and most famous companies. While READ MORE
LBI Real Estate Market Pre-Approval Outline
Pre-Approvals in the Long Beach Island NJ Real Estate Market Long Beach Island Real Estate Buying a home in the LBI NJ real estate market can be demanding. The number of homes for sale on Long Beach Island is near an all-time low, and demand is still very high. To prepare yourself for this competitive READ MORE
Long Beach Island Real Estate Affordability Tips
Best Ways to Keep LBI Real Estate Affordable Long Beach Island Real Estate There is no doubt that buyers are still facing challenges in the LBI real estate market. Inventory is very low, demand is still high, and for those looking to purchase a home with a mortgage, rates have clearly increased over the last READ MORE
LBI Real Estate Buyer Activity Increases
Long Beach Island NJ Real Estate Market Buyer Activity Increases Despite Higher Mortgage Rates Long Beach Island Real Estate Anyone looking to buy or sell a home in the LBI real estate market often has the same question, “Is this a good time to buy or sell?”. Interestingly enough, in spite of higher mortgage rates READ MORE