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Construction Loans In The Long Beach Island Nj Real Estate Market
The LBI Real Estate MarketThe real estate market on Long Beach Island consists of many different styles of homes in a wide variety of price ranges and locations. Unlike many other real estate market, Long Beach Island sees a great deal of new construction. Typically, this takes place in the form of the purchase of an existing older property, for example a Cape Cod style home, demolition of the original structure and then building a new dwelling on the property. While this has been in play for decades on Long Beach Island, Hurricane Sandy forced a major increase in new construction on Long Beach Island as many homeowners decided to build a new house rather than repair their storm damaged dwelling. This has lead to an abundance of questions concerning Construction Loans on Long Beach Island New Jersey and the LBI real estate market.
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