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Oceanblock Home Sales On Long Beach Island New Jersey
Sales of single-family homes in the ocean block areas of Long Beach Island have been witnessing a period of high demand. Many would argue the ocean block offers one of the best locations on LBI , as nearly every home will provide a splendid view of the ocean, and close proximity to the beach, makes travel to and from the ocean simple. Recently, we have been witnessing a demand for new construction homes on the ocean block which has helped to translate to a high demand for teardown’s, as builders will fight to purchase these homes and build a speculative construction to be re-sold on the open market. A quick look at ocean block home sales in the LBI real estate market shows some interesting trends.
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Should rising interest rates concern you if you are thinking of buying of buying a house? That depends on a number of factors. Here are my observations on the matter. Regardless of what your