On July 26, 2023 the central bank’s Federal Open Market Committee (FOMC) raised its funds rate by a quarter percentage point. It is questionable as to whether there will be any additional increases this year. The increase is the 11th time the FOMC has raised rates since March 2022. The fed funds rate sets what banks […]
Tag: LBI Investor
LBI Real Estate HELOC
People have asked if it is possible to close on a Home Equity Line of Credit (HELOC) the same day they close on the purchase of Real Estate that they would like the HELOC against. Although there could be circumstances in which one could close on a HELOC on the same day they close […]
Long Beach Island – LBI , New Jersey is a great opportunity destination for investors.
Long Beach Island, New Jersey is a great opportunity destination for investors. Over the years I have worked with several investors – investors that are buying property to use for rental income, investors that purchase “tear downs” or vacant lots for selling new construction homes and investors that purchase property for both rental income and personal use. […]
Exploring Some Gems of LBI Real Estate
Long Beach Island, New Jersey is a small but beautiful destination for beach-goers and vacationers. Visitors come for the picturesque beaches and stay for the many entertainment and dining options. Here are some of the best things to do on Long Beach Island: 1. Sunset Park: Sunset Park is a small park located in Harvey Cedars, […]
Some things you should look out for when buying a home on Long Beach Island (LBI)
Looking to buy or sell on LBI? Call me at 609-300-3899. Email: lbideidre@gmail.com Insta: deidre_martin_lbi Website: lbideidre.com
Where is the LBI Market at Now?
As we approach the end of September we are seeing, as predicted, prices remain more or less the same as they were through the Summer of 2022. The market is remaining competitive especially in the under a million dollar price point despite increasing interest rates and inflation. The real estate market on LBI remains competitive […]
Long Beach Island Inventory – Winter 2022
LBI Inventory. The LBI real estate inventory remains low, however, we are seeing an uptick in people looking for properties. This means that the LBI real estate market remains competitive. What should you do to maximize your potential to get the home of your choice? Explore the market with a good local real estate agent […]
LBI Minor Subdivisions
LBI Minor Subdivisions – A Brief Overview Minor subdivisions can be a lucrative way to sell real estate on LBI. How to begin – find a lot that can be subdivided into multiple properties. What’s next? Engage a Land Use Attorney and Engineer that has experience in subdividing properties in the location in which […]