It seems that every geographic area has it's turn to lead the way up regarding property values.
I believe the next hot spot in Cape May County includes the bayside communities of North Cape May, Villas and Del Haven.
Although the lot sizes are generally small, these communities lie in close proximity to the Delaware Bay. There are alot of primary residences and some second homes in what is the most populated township in Cape May County, Lower Township (except Del Haven which borders to the north in Middle Township).
We are beginning to see some tear downs here and it stands to reason that for less than $200k you can still get in and get established. There is no speculation here at this time, and it won't be long until the secret gets out.....
Remember,....you read it here first!
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