When the final statistics for 2008 sales in
Ocean City, New Jersey
roll in I suspect that we’ll see a final tally similar to 2007 – which is much better than similar reports we’re hearing from across the country.
Today’s interest rate quotes are coming in at
UNDER 5 % for a 30 year fixed rate
good news for qualified purchasers ! And there’s still a healthy inventory of homes and condominiums to choose from.
We’re writing leases now for the upcoming summer season so there’s still time to find the right property, get it ready for the summer and collect the rental income, (reserving some time for your family to enjoy as well).
So if your 2009 resolutions include exploring a jersey shore purchase don’t delay ! Sub-5% loans won’t last forever. Get PreApproved by a reputable lender, make a trip to the shore and take advantage of the Spring Buying season.