Fall Buying On LBI

Dated: 08/31/2014

Views: 1384

Not sure where the summer went but here comes the buying season on Long Beach Island. Preliminary indications are that it is going to be busy.Lot's of new listings coming on the market already and buyers are starting to send emails, ask questions,etc. For those who have securities portfolios, they have appreciated quite nicely in the past year, positioning buyers to be in a better place regarding affordability.  With the low yields that are currently being generated on cash and the bond market, I am sure there are a fair number of folks who are considering real estate as a better alternative. I believe the consensus is that prices have bottomed out and in fact are on the upswing. Don't be last in line, if you have been on the fence it is probably the time to move.As always, competition for the better properties will be strong so reach out and start asking questions. 

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