Short Sales Foreclosures Bank Owned Real Estate And Storm Damaged Homes On Long Beach Island

Dated: 01/27/2015

Views: 613

Long Beach Island Real Estate

Buyers in the LBI real estate market should expect to see fewer distressed homes for sale. As home values continue to improve on Long Beach Island, this lessens the chances for distressed sales. While short sales, foreclosures, and bank owned real estate are not particularly common in the LBI real estate market, they do come on the market from time to time. With the improvements we have seen in 2014, the expectation is that the number of these distressed sales will lessen. Far more common, and also classified under a distressed sale, are storm damaged homes. These homes, which sustained flooding in Hurricane Sandy, are sold for land value and are typically viewed as a good opportunity. While many of these homes have cleared the market, there are still storm damaged homes for sale. However as 2015 progresses, the expectation is the number of options will diminish. Therefore, buyers will find fewer distressed properties on Long Beach Island.

Click here to search all homes for sale in the Long Beach Island NJ real estate market

Short Sales, Foreclosures, Bank Owned Real Estate, and Storm Damaged Homes on Long Beach Island

Image title

Latest Blog Posts

The New Beach Will Be Ready For You

Check it out! The beach is being totally redone and will be waiting for you this summer!#lbibeachreplenishment #lbiregion #lbifindyourspot #beachtime

Read More

Happy Chinese New Year

Many people use this holiday to cleanse their homes of the Huiqi, "the breath of those who lingered in the area."It's the perfect time to clean out, clear out and maybe think about your next spot on

Read More

How Buyers Search For Homes

To see a list of all my latest books for Buyers and Sellers click on the link: Buyers Search for

Read More

2018 Long Beach Island Home Prices Are Hot

2018 Long Beach Island Home Sales2018 is off to a busy start for real estate sales.  According to the Jersey Shore MLS, the minimum price for properties that have gone to closing begins at ,

Read More