Vacation homes in the New Jersey shore counties of Monmouth and Ocean continue to sell as long as they are priced right. According to Paul R Hauke , Realtor Associate with Prudential Zack Shore Properties in the Jersey Shore oceanfront town of Allenhurst, NJ , the number of homes for sale in Monmouth and Ocean counties declined in December 2008 from November 2008. Research shows that home prices have dropped 9 per cent in 2008 and are expected to drop another 4 per cent in 2009 and stabilize in the same year. This combined with low interest rates makes buying a vacation home at the Jersey Shore very realistic and very possible.
Smart buyers are making offers on properties of their dreams, and deals are being made when a realistic seller is willing to negotiate. Regardless of all the doom and gloom you hear about in National Real Estate, with the major problems in markets like Ohio, Michigan, Florida, Nevada, and California, the NJ Shore is doing well. For 2008 the sales of homes in Monmouth County held steady , while the sales in Ocean County actually increased.
Buy your vacation dream home now, and get in for the summer season.
Click here to search the NJ Monmouth & Ocean MLS
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