The Rental Market Died. What Are the Real Estate Market Implications?
Reports from many agents across many agencies throughout the southern NJ shore resort towns consistently say: The rental market unexpectedly slammed on the brakes when there is usually a significant and final push in late spring. What does this mean in the immediate for renters and rental owners? And what might be the longer-term implications for the shore home sale markets? John Burke takes a quick look in this week’s market report.
As always, find links below for everything listed, put under contract, or sold in Sea Isle, Avalon & Stone Harbor, The Wildwoods, Ocean City, and Upper Township (includes Strathmere).
To discuss anything real estate related or your plans to buy, sell, or rent, call us at 609-478-0333 or email [email protected].
New Listings, Sold Listings, and Pending Sales for Week Ending June 10
Sea Isle- New Listings and Price Changes (4), Sold (1), New Pending (1)
Stone Harbor and Avalon- New Listings and Price Changes (11), Sold (5), New Pending (4)
The Wildwoods- New Listings and Price Changes (21), Sold (8), New Pending (21)
Ocean City- New Listings and Price Changes (17), Sold (15), New Pending (22)
Upper Twp (Includes Strathmere)- New Listings and Price Changes (3), Sold (0), New Pending (1)
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