Brigantine is back on track! Unbelievable amount of people on the island for the holiday weekend. The weather is perfect.

Solid amount of buyer activity and confidence of late. Just today, I showed a 1.1 million bay front single, and a 500.5K beachblock multi-family. Both Buyers are submitting offers. Both properties are priced to sell and are fabulous buys. There are some real deals out there, and I am finding a definite trend towards confidence in buying. Of course there are still those choosing to continue to sit on the sidelines....taking their time.....convinced that prices still have more to fall. But the smart ones are stepping up. Inventories are undeniably stable. We do not have a glut of listings-quite the contrary. All it takes is a flurry of smart buyers to snap up the greatest deals, take a chunk out of the already low levels of inventory, and then the bar gets set a bit higher for the next round of buying. And one must always keep one thing in mind-this island is FINITE. You must tear down an existing structure to build. There is only so much beach and bay to go around.

I'm getting excited about the turn around in confidence. Real Estate is without a doubt the most lucrative and solid aspect of anyone's portfolio. Always has been, and always will be. It's cyclical, just as any investment is. We are at the beginning of the next up-cycle. Now is the time to invest!

Catherine (Kate) Sorrentino

Brigantine New Jersey Realtor

www.brigantine4sale.com