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Interest Rates And LBI Update July 30 2023

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 […]

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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, […]

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Loveladies

Generally speaking, Loveladies is one of the quieter sections of the island.  The lots are generally 100’ x 100’ which allows for a relatively speaking good amount of space between homes.  Many of the homes in Loveladies are entered by way of tracts rather than paved roads, which tend to make the homes more private […]