VACATION HOME SALES ON THE RISE
The LBI Real Estate Market and Long Beach Island New Jersey
The Long Beach Island economy and the LBI NJ real estate market are based on summer tourism. With the majority of home on Long Beach Island being either second homes or vacation properties,LBI is what is known as a “second home market”. A rise in the sale of vacation homes, both on Long Beach Island and across the country, often signify a stronger economy as home buyers feel they have more discretionary income. Therefore, to see Vacation Home Sales on the Rise is a good good sign for the future of the LBI NJ real estate market.
Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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