Are you hoping to buy or sell real estate in the New Jersey Shoreline area in 2022? Are you aware of the latest market pricing and valuation trends and predictions? This trusted realtor has launched its 2022 report so you can make informed decisions. Call Sherri Lilienfeld of Apex Prime Realty on 609-287-1795 if you’re looking for your dream home in New Jersey!
How long have you been living in your current property in Ventnor New Jersey or elsewhere on the New Jersey Shoreline? Do you own it, or is it rented? Are you hoping to move in 2022? If you’re interested in the New Jersey area, you need to read this report! It includes the latest trends and insights for homeowners and potential buyers!
The newly launched report from Sherri Lilienfeld of Apex Prime Realty helps you understand the real estate market so you can make informed decisions about your property. She states that the ongoing health crisis has affected the real estate market in ways that could not have been predicted.
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What changes have you noticed? Have they affected you? The report states demand for properties has far outweighed the inventory available in many areas. This has created a seller’s market. This has allowed sellers to get more for their property. In addition, mortgage rates fell, which provided an opportunity for homeowners to upgrade and buy a larger property.
However, the new report from Apex Prime Realty explains the implications of rising inflation for you, whether you are a homeowner or potential buyer. While rising inflation may increase the value of your property, you may find you have less to spend each month because the cost of living is rising. In addition, while a mortgage can offer a fixed rate each month, you may be affected if your rent goes up.
The report states that inflation will rise throughout 2022, however, there are initiatives being launched to combat the negative effects. For instance, Apex Prime Realty states that buying a house may become easier in the coming year. This is because the Federal Housing Finance Agency (FHFA) is increasing the maximum loan allowance.
The impact will be twofold. The report states that if you are a potential homeowner, you may have access to lower mortgage rates and make smaller down payments while more houses will be available. It concludes that 2021 has been uncertain. But you will benefit from the initiatives in place next year.
Apex Prime Reality offers real estate services across New Jersey for commercial and residential property. Sherri Lilienfeld is a respected realtor in the area. She regularly appears on the Downbeach Buzz podcast to share the latest real estate news and updates.
Sherri prides herself on helping you to better understand the market so you can make informed decisions. Are you aware Sherri is in the top 100 realtors in New Jersey? (There are over 60,000 in the area!)
There’s a lot to take in. Rising inflation is the next economic challenge to contend with. But it’s not all bad. If you’re worried about the housing market and what next year might bring, read this report. It may just ease your worries!
Go to https://www.facebook.com/ApexPrimeRealty to find out more!