2018 Tax Law and the Long Beach Island NJ Real Estate Market
Long Beach Island Real Estate
Tax Reform and the LBI NJ real estate market are two very important topics for all buyers and sellers on Long Beach Island to be concerned with. The recent changes to the tax law specifically have elements that can target the Northeast (New York, New Jersey, Connecticut) areas. Most notable are the changes tot he property tax deductions which have caused some to speculate there will be a drop in real estate values. That initial fear certainly had spilled over to the LBI real estate market but now that the real facts of the law are out and being digested the reaction has softened significantly. There are many other positive factors that seem to point to the LBI real estate market staying strong.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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