Many who invest in LBI homes for sale do so not only for the low prices, but also for the fact that these properties often make good rentals,
Beach Haven, NJ (PRWEB) May 18, 2010
Leading Long Beach Island Realtor Jeffrey Shapiro reports that homes for sale on Long Beach Island have been attracting more and more interest from homebuyers in recent months. The island has long been a popular summer vacation destination and the recent increase in the number of LBI real estate sales indicates that second and vacation home buyers are preparing to spend the coming season in one of the region’s many beach towns.
A barrier island with the Atlantic on one side and the Pinelands National Reserve on the other, Long Beach Island has been a family vacation destination for generations. The historic communities here have a rich nautical heritage and real estate options range from luxury beachfront homes to condos and townhomes.
“Many who invest in LBI homes for sale do so not only for the low prices, but also for the fact that these properties often make good rentals, “ says Shapiro, “given that the island is such a popular resort destination, particularly during the summer. The advent of the season is also why we’ve been seeing an increase in rental activity recently.”
Overall, notwithstanding this quarter’s good showing, home prices have declined throughout the island over the past three years. Shapiro sees it as the market needing to make a necessary adjustment. “It’s also an excellent time for investors and buyers to grab properties for prices that would have seemed impossible just a few years ago,” he says. “If you’ve always dreamed of owning a beach house or condo on LBI, you really should start looking at possibilities here this year.”
For more information on LBI homes for sale, as well as the community and the lifestyle here, consult with Jeffrey Shapiro or get started by exploring his site, http://www.DealWithLBIJeff.com.