Buyer Concerns in the Beach Haven West Real Estate Market

Buyer Concerns in the Beach Haven West Real Estate Market

 

Buyer Concerns in the Beach Haven West Real Estate Market
Buyer Concerns in the Beach Haven West Real Estate Market

Beach Haven West NJ Real Estate

Buying a home in the Beach Haven West real estate market is a major investment. Regardless of the motivation, is it a primary home or a vacation home, buying a property in Beach Haven West requires careful planning and understanding the buyer concerns in the Beach Haven West real estate market is an important first step to this planning.

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Buyer Concerns in the Beach Haven West Real Estate Market

Like an investment, buying a home in the Beach Haven West real estate market carries risks and rewards. Before committing to any transaction, it is helpful to understand some of the more common concerns we see such as:

Most buyers in the Beach Haven West real estate market have some concern about flood insurance rates. This is a very important budgetary item for buyers and one that should be thoroughly understood. The good news is, since Hurricane Sandy there has been an unprecedented wave of new construction and these new homes have been built to exceed the current flood elevation requirements. This should help keep the cost of insurance lower in the future. The second two concerns, future flooding and declining property values, are both partially answered by the above stated construction. While any coastal community including Long Beach Island is subject to occasional flooding from storms, the new building methods that have been employed should limit that damage. This construction should also keep home prices in the area relatively stable. Whenever a significant investment is made in a local real estate market, home prices generally will rise in the absence of other external factors. The Beach Haven West real estate market has been witnessing this trend as well.

Buying and Investing in the Beach Haven West Real Estate Market

Buying a home, as I mentioned above, carries risks and rewards. Long-term appreciation in the Beach Haven West real estate market is a likely possibility and concerns about flood insurance and flooding in general are more closely related to the style of home built and how well advised you are on your purchase. We are happy to assist in providing knowledgeable advice throughout each step of your Beach Haven West real estate transaction. For more information about buyer concerns in the Beach Haven West real estate market, please do not hesitate to contact us.

Ocean Sales Team

Farrah Pileggi Sales Agent: 201-952-4131

Kim Pileggi Transaction Processor | Nathan Colmer Marketing Agent

Stafford Township | Barnegat Township | Long Beach Island | Ocean Township (Waretown) | Eagleswood | Little Egg Harbor | Tuckerton

www.beachhavenwestrealestate.com

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