Hot Market at the Jersey Shore!

The real estate market is hot in New Jersey right now and several towns right here in Monmouth County have made the list to the top 15 hottest real estate markets in NJ!  #springlake #belmar #seagirt #lakecomo #manasquan #asburypark  With increases in home values between 12.6% and 6.4% real estate is a great investment!

According to NJ.com:

“America’s real estate market looks better than it has in years, just don’t tell that to New Jersey.

The average home price in the United States is the highest it’s been in more than two decades after years of dragging behind pre-recession prices, according to Zillow data on home prices in the first quarter of 2019. But New Jersey’s homes remain stuck behind 2006, when they hit their peak prices.

The New Jersey median home value of $327,500 is still higher than the national median of $226,700. But the market has grown a measly 0.3% over the past 10 years compared with the national growth of 2.8%.”  [Read the full article here]