BUYERS IN THE LBI REAL ESTATE MARKET

LBI New Jersey Real Estate

The Long Beach Island real estate market offers buyers some excellent opportunities and the LBI real estate market has remained strong even in this economic downturn. Buying opportunities still exist on LBI for several reason:

• The LBI market did not see as significant a drop during the 2008 recession as other markets around the country.
• There are a comparatively low number of foreclosures, short sales and other distressed homes in the LBI real estate market.
• Historically, shore real estate has proven to be an excellent investment

Buying real estate on Long Beach Island, like buying any investment, comes down to timing and price. With the available inventory and some patience, a buyer can purchase a great property for a great price and still be in a strong financial position.

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