Market Update

I heard a great quote last week describing our current real estate market: “we are bouncing around the bottom”.  I think that says it all.  No one has the ability to make absolute predictions, but I sincerely believe that we will look back in a few years and there will be regrets of missed buying opportunities. 

During my 25+ years of selling real estate on the island, I can’t tell you how many times a potential buyer has said “I remember when I could have purchased that property for $—“.  We know from experience that today’s prices will eventually seem like a bargain. 

Why?  The second home market is fueled by the wealth of the baby boomers; Avalon and Stone Harbor have brand name recognition for those baby boomers; mortgage rates are favorable; the Jersey Shore is a convienent drive for short visits (a general vacation trend); and this is a beautiful area!

When you or your friends are ready to buy a beach house, I will be here to help!   Call or e-mail with any questions: 

(800) 682-5940  or  ann@anndelaney.com