Long Beach Island and Beach Haven Park Real Estate
Long Beach Island Real Estate
The Long Beach Island area and the LBI real estate market sustained a direct impact from Hurricane Sandy…and the impact will be felt for a long time. With the significant damage caused by the storm, buyer confidence will understandably wain. However, the LBI real estate market has always been a strong one and Beach Haven Park Real Estate Sales in the 1st Quarter of 2013 reflect this with some interesting activity.
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Beach Haven Park Real Estate Sales in the 1st Quarter of 2013
There was only one sale during the first quarter of 2013. Interestingly, the home that sold, 20 E Kansas, was not an elevated home but rather a traditional Cape Cod style home. This four bedroom, one and a half bath sold for $615,000.
Long Beach Island and Beach Haven Park Real Estate
While the damage from Hurricane Sandy cannot be ignored, Long Beach Island has already made a strong recovery. The myths that flood insurance will make owning a home on Long Beach Island are simply not true. The costs of flood insurance will increase, however for most homes it will certainly be affordable and not prohibit buyers from buying a house on LBI. For more information about the LBI real estate market or Beach Haven Park Real Estate Sales in the 1st Quarter of 2013, send me a message and I will respond right away.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.BuyLBI.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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