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Purchasing A Home In The LBI Real Estate On Long Beach Island Nj
The LBI Real Estate MarketThe LBI real estate market has seen its share of impact from the national housing market and the economy but overall, the LBI real estate market has remained strong. Buying Long Beach Island NJ real estate takes a careful understanding of the local market, how current changes have and will continue to impact prices and the realization that a second home on Long Beach Island still proves to be an excellent long term investment. Consider:
- The LBI real estate market did not see as significant a drop in home values when compared to other areas around New Jersey and the nation.
- There are a low number (only about 60-80) foreclosures, short sales, etc in the Long Beach Island real estate market.
- Historically, shore area real estate has proven to be an excellent investment
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