I am a broker owner on Long Beach Island and have found great buys for my customers/Clients. Long Beach Island is a luxury market and even though prices have dropped , the number of foreclosures and distressed sales have been minimal... My opinion is if we do not see a significant drop this fall and early winter it means homeowners have weathered this recession and sales will start to climb. A deal for one person is not seen as a deal to someone else. It all depends on what you are looking for and if it is right for you. I believe there was a very good bargain on the market an oceanside 5br 1 bath for $499- because it was older and had only one bath many of my potential buyers wouldnt look at it...it sold...had numerous offers... - Wed Jul 29 2009, 09:59