Downbeach Webcast: Housing Inventory, Price Reductions, Builders Get Creative

Watch the latest DownbeachBUZZ Real Estate webcast from NOV. 30, 2023.

Sherri Lilienfeld of EXP Realty shares updated housing and sales inventory trends.

Are we in a balanced market, or a buyers market?

Yes, we see a growing number of price reductions in Ventnor and Margate.

Custom home builders forced to get creative if they want to sell their properties.

Beware bad credit and dual agency.

You better qualify those renters and buyers. Make sure to hire a competent real estate agent, otherwise you’ll regret it.

How is the market? Check how many building and demolition permits are being applied for.

Year-round residency continues to decline. Banks, doctors and gas stations leaving for offshore locations.

Margate has only 5,100 year-round residents.

McMansion mania and lack of moderately priced housing keeps young families out of Ventnor and Margate. Are planning boards to blame?

Is Downbeach still a family community or a ‘second home’ market at risk of shuttering schools?

The DownbeachBUZZ webcast is sponsored by:

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