According to Trulia.com, New Jersey is the 5th most searched State for real estate. In New Jersey, Monmouth County ranks 3rd, and Ocean County ranks 5th of all counties.

One of the major factors for this, are New Jersey’s beautiful waterfront and oceanfront homes. Oceanfront, waterfront, bayfront, riverfront and lakefront properties are a great investment in today’s market. The re-sale value of any type of waterfront property has been less affected than non-waterfront properties in today’s economic crisis and that is why now is a great time to invest in real estate.

The turmoil of the stock market has many investors turning towards real estate investments, which they consider safe long-term investments. The real estate bubble has popped and home values have fallen to where they probably should be. So feel good in knowing that the price you will be paying for a home you’re purchasing now, is most likely a fair market price.

Another positive force that is on your side right now is the government. The government, many say, is projected to do everything it can to stabilize home values. After all, if they continue to allow home values to drop, homeowners will be paying substantially more on their mortgages, than their homes are actually worth. This is already happening at alarming rates and it would be in our countries best interest to define a bottom. 

The chance that we may be close to the bottom of the declining real estate market is great news for an investor looking to buy now. This means that you can purchase a home at nearly the bottom price while the government works tirelessly to stabilize that price for you, with hopes of eventually increasing home values. 

Now is a great time to invest in jersey shore waterfront homes. If you are thinking of selling your home and upgrading to waterfront on the jersey shore, you might have to sell for less than you wish, but in return, you can find great deals on waterfront property on the jersey shore. Ocean County and Monmouth County are two of the most popular counties in New Jersey which offer a wealth of waterfront homes to choose from. 

There is no doubt that oceanfront homes and waterfront homes have added to new jersey, ocean county & monmouth counties popularity throughout the national economic crisis. If you are thinking of buying, go waterfront!!

Rich – Brick, NJ

This entry was posted on Friday, June 26th, 2009 at 11:42 am and is filed under Market Conditions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.