Encore Real Estate
Phone: (732) 865-4549
For Immediate Release
December 10, 2014
EAST BRUNSWICK, N.J. – New Jersey-based real estate consultant Jeffrey G. Otteau predicts investors will be swarming the Jersey Shore this Spring, looking for post-super storm Sandy property bargains.
Because of the limits on what flood insurance will cover, and the fact that many shoreline home owners do not have coverage, “investors” will be aggressively looking for opportunities to cash out these property owners and implement a repair-and-sell or repair-and-rent strategy,” said the market analyst in the latest form his Otteau Valuation Group, which was shared with GlobeSt.com
“Expect that investors will be going door-to-door searching for these opportunities,” said Otteau. His company, based in East Brunswick, prepares monthly analytical reports to subscribing brokerages and professionals.