Encouraging News For Jersey Shore Real Estate Vacation Home Buyers

vacation homeAccording to the latest research by the National Association of Realtors, 1/3 of all real estate transactions in 2007 involved second or vacation homes.  Although sales declined overall when compared to 2006, the proportion of vacation home sales was still near-record.

 

Lawrence Yun, NAR Chief Economist, said lifestyle factors and strong demographics remain positive for the vacation home market.  “Investment considerations are secondary for vacation-home buyers, so there is some dormant underlying demand,” he said.  “A peak of population is moving through the prime years for buying recreational property.  It is welcoming to see investment sales returning to pre-boom activity.”

 

To learn more about investing in Bradley Beach NJ real estate, please call me at 732-775-2774 or visit PatrickParkerHomes.com.  You may also begin receiving automated emails containing Bradley Beach NJ real estate that matches your criteria here!

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About Patrick Parker Realty

Patrick Parker Realty, an independent boutique brokerage located in the heart of Bradley Beach is your local market leader. We understand the demands of a changing real estate market and avail ourselves of the latest industry information and tools to ensure excellent results. Our Commitment to You Our seasoned Real Estate Agents are committed to providing all of our clients, from first time sellers to veteran real estate investors, quality and friendly service. We walk you through every step of the sale process offering the guidance, feedback, and expertise needed to ensure your complete satisfaction.
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