Will the Toms River real estate market CRASH in 2022?

Will the Toms River real estate market crash in 2022? As we head into the last 3 months of 2022, the real estate market in Toms River has definitely "shifted"!
By aggressively increasing interest rates, the FED has effectively dumped ice water on the once "red hot" Toms River housing market. Mortgage rates have essentially DOUBLED in the last year, making it even more unaffordable for home-buyers.
With 25% fewer home sales in Toms River so far in 2022, what does this mean for home prices as we close out the year???
If you're thinking about living in Toms River, moving to Toms River, or interested generally in Toms River real estate, then this channel is for you. My aim is to give you all the tips you need to make the best decisions on your move!
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My name is Jim Flanagan, and after living in Toms River for most of my life and serving this area as a real estate agent, I hope to provide with you a great perspective on what you can expect especially if you're thinking about moving to Toms River. I've actually had 2 experiences moving to Toms River (yes, I've lived here 3 times).
Feel free to reach out with any questions and I'd love to be a resource in any way that I can.

[@herbpalmerjr5562]

would like to talk with you about some home selling video ideas,

[@herbpalmerjr5562]

hi Jim, with the new year in 2023, lets do a will the market crash in 2023.. lobster lab media, branding on a budget