|
|
|
|
|
Forum
-> Inquiries & Offers
-> Lakewood, Toms River & Jackson related Inquiries
amother
OP
|
Thu, Mar 04 2021, 6:35 am
Anyone in the real estate world and can recommend if it’s a good time to buy or if the bubble will even out? The prices are crazy
| |
|
Back to top |
0
0
|
amother
Coral
|
Thu, Mar 04 2021, 6:37 am
amother [ OP ] wrote: | Anyone in the real estate world and can recommend if it’s a good time to buy or if the bubble will even out? The prices are crazy |
It is a sellers market in suburbs everywhere. Because of covid people in apartments or big cities are looking to buy houses in the suburbs.
| |
|
Back to top |
0
0
|
amother
Lavender
|
Thu, Mar 04 2021, 6:42 am
It’s hard to say.
Lakewood real estate has collapsed before.
I bought my house at the height of the last bubble 2008 and it went down in value a ton
Plus there is a lot less building now.
It’s impossible to predict for sure but I don’t believe prices will stay this high.
Btw not everything is so high if you don’t need the nicest town homes. A fixed up two family home near me recently sold for $415k and an older ranch for $350k. They are putting 50k into it and renting basement.
They are older homes in off the beaten path non popular olderneighborhoods but do exist.
I also think rental prices in Lakewood will crash. They have always come in waves.
| |
|
Back to top |
0
0
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
| |
|
|
|
|
|