Brokers and real estate agents say home-buying at and near the beach has surged significantly since the start of the coronavirus pandemic — mostly when the weather started warming up in May — and professionals in the field are attempting to keep up with demand as shortage of inventory makes each available property a must-have item for countless wannabe buyers.
“I just put a house on the market two weeks ago, and within a week we had more than 85 people through the house,” Yagoda said.”It’s all been very, very busy — and then somewhat inland as well.”
The health crisis, experts say, appears to be pulling city-dwellers away from packed streets and towards the shore, or coercing folks who have the means to finally pull the trigger and purchase a second home along the coast or nearby — not a bad place to be when your forced to work from home.
Markets along the shore have been “busier than ever lately,” according to 2020 New Jersey Realtors First Vice President Robert White. With flexible schedules, more people have the opportunity to make the move, he said.