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By Joanne Bernardini | Agent in Linwood, NJ
  • Ten Best Places To Buy Your Vacation Home

    Posted Under: Home Buying in Ocean City, Investment Properties in Ocean City  |  May 28, 2013 6:20 AM  |  606 views  |  No comments
    Americans are starting to feel a little more secure that the economy is on the mend. Smart real estate clients are returning to the vacation home market  while the mortgage rates are still hovering around historic lows. Banks are relaxing their uber tight lending requirements a bit and those that have been waiting on the sidelines are beginning their migration back into the investment home and second home market. 
    • Researching the best buys and best locations is easy with the Internet! Trulia, a large real estate listing service and 24/7 Wall Street analyzed the data from the Internet searches conducted on Trulia for the ten best locations for vacation homes. To qualify as a vacation area 25%of the homes in that area must have been listed in the Census as homes that were used seasonally or occasionally.

    The results are listed below along with the median listing price for that location.

    #1.   Ocean City, NJ.                   $525,000
    #2.   North Wildwood, NJ.            $289,000
    #3.   Kissimmee, Fla.                   $298,800
    #4.   Ocean City, Md.                   $275,000
    #5.   Marco Island, Florida           $499,000
    #6.   Big Bear Lake, California     $335,000
    #7    Lake Arrowhead, California  $399,000
    #8   Panama City Beach, Fla.      $294,245
    #9   Gatlinburg, Tenn.                   $179,600
    #10 Cherry Grove Beach S.C.      $219,900

    I am fortunate enough to live and work in the # 1 location, Ocean City, NJ. This is a place not only great for vacation living but also as a year round home! I selected it because in the off season when all the vacationers have left, it returns to a town with old world charm. People are courteous and friendly and everyone knows everybody! The school system is so fantastic that neighboring towns send their children here!
    I truly have the best of both worlds to live in a city voted the Best Vacation location! If you would like more information on buying a property here, please give me a call! I'll be happy to assist you!
    Joanne Bernardini, SFR
    Certified Short Sale Agent
    Coldwell Banker Casa Bella
    1301 Asbury Avenue 
    Ocean City, NJ 08226
    Cell: 609 947 2451
    Email:  joannebernardini@gmail.com
    Office: 609 601 1009
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