Rents Will Continue to Support Home Prices

Prices have flattened (and maybe even receded ever so slightly) from about March/April here at the shore. However, there’s a few reasons that it might be unlikely that we will see prices drop significantly. This week John discusses one major reason: rental income versus financing costs.

As always, find everything listed, sold, or put under contract in Sea Isle, Avalon and Stone Harbor, Ocean City, The Wildwoods, and Upper Township including Strathmere last week with the links below.

To discuss anything real estate related or your plans to buy, sell, or rent, call us at 609-478-0333 or email [email protected].

 

Find every home listed, sold, or put under contract in the following localities with these links here:

Sea Isle- New Listings and Price Changes (6), Sold (3), New Pending (4)

Stone Harbor and Avalon- New Listings and Price Changes (14), Sold (2), New Pending (7)

The Wildwoods- New Listings and Price Changes (28), Sold (9), New Pending (10)

Ocean City- New Listings and Price Changes (20), Sold (7), New Pending (9)

Upper Twp (Includes Strathmere)- New Listings and Price Changes (4), Sold (3), New Pending (2)

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