Columbus Day weekend soared high on LBI as we celebrated the 6th Annual LBI Fly Kite Festival. Hosted by the LBI Chamber of Commerce, and organized in 2015 to highlight the sport of
December Rate Hike
Dated: September 30 2016
With September come and gone, it would appear that December is almost a certainty for an interest rate hike. Of course with the level of global volatility we experience these days, it is entirely possible that there could be an event or events that could derail a hike. Not likely but now European Banks are back in the limelight with Deutsche Bank drawing a lot of attention. Inventory on LBI, at least the more attractive properties, is getting a little thinner and the better deals are not sticking around. The fall season will disappear quickly and the opportunity to make a move that is likely to make you happy may disappear with it. Waiting for the Spring market may not be a good idea as there are just too many folks looking around at this point in time...as usual, a word to the wise.
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