Some of you may have noticed we missed our report last week, so this week we are cramming two weeks into one report.
So it’s a two-for-one. But it’s also six-of-one and half-a-dozen-of-another. Because it might be two different weeks, but the one story remains the same.
Inventory is low. Well-priced homes are going under contract quickly. And only strong buyers who are well-prepared and willing to act quickly will get the prize.
Will the fall bring more inventory? We all certainly hope so. However, if anything is certain right now, it’s that nothing is. And the question of whether or not it gets better for sellers or buyers in the relatively short term future (say 3 years) is a wide open question.
I have theories, but I won’t speculate here. If you want the more speculative ideas, follow the Burke & Co. snapchat. It really is the place to get info ahead of the curve on real estate in Avalon, Sea Isle, and Stone Harbor.
So as the kids say it. Well, actually the younger adults (millennials begin to turn forty in less than 18 months) say it… Add me on Snapchat! Username: burkeandco https://www.snapchat.com/add/burkeandco
Enough of the social media plugging, here are links to see the homes for this week’s numbers.
Avalon- New Listings and Price Changes (26), Under Contract (27), Sold and Settled (8)
Sea Isle- New Listings and Price Changes (12), Under Contract (19), Sold and Settled (15)
Stone Harbor- New Listings and Price Changes (16), Under Contract (14), Sold and Settled (11)
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