Attention Ocean City NJ real estate Buyers, if you wait six months to buy and the rates increase by as little as 1 percent, you lose 10 percent of your buying power!
Meaning, if you can afford to make a 200k Ocean City NJ real estate purchase today, and interest rates increase by just one percent you will only be able to afford a 180k property. With inventory being so low in the area and inflationary pressures on the economy, there is a chance that Ocean City NJ real estate worth 200k now may be selling for 220k in the near future.
FOOD FOR THOUGHT with Ocean City NJ real estate!
Caroline Watts, caroline@prufoxroach.com, cell: 609-254-4756 – call me anytime for help with Ocean City NJ real estate and surrounding areas.