not only is ocean front property a great buy from the perspective of pricing and interest rates, these same properties can also produce an income stream for the buyer for years to come.
Topsail Island, NC (PRWEB) October 17, 2011
Clark Howard, a nationally syndicated talk radio and television personality, has been frequently talking about the fact that now is the best time ever to buy second home or investment properties on the beaches, in the mountains and in popular resorts.
Richard Baker, Owner of Treasure Realty, completely agrees with the reasons Mr. Howard lists to back up this claim. There truly is an abundance of inventory on the market and interest rates are either at or near all time lows. Clark also points out another less talked about fact; the fact that North Carolina, Tennesee and Georgia are the states that "had the half backs, people who moved from the Northeast or Midwest to Florida in early retirement. Then when life changed, they didn't want to go back home, so they went half way back." This population is continuing to age and there are few buyers to take their place making for some really great deals. You can click here to read Clark's entire article.
Isaac Baker, Marketing Director of Treasure Realty, shares another factor contributing to Howard's point that it truly is a great time to buy resort/vacation property. The point being that even in this tough economy, the rental market continues to grow as vacationers continue to flock to Topsail Island and other NC beaches in search of family fun and relaxation.
Issac Baker also added the following: "This is the third consecutive season that we've (Treasure Realty) posted best ever numbers in our rentals business so not only is ocean front property for sale a great buy from the perspective of pricing and interest rates, these same properties can also produce an income stream for the buyer for years to come in addition to the enjoyment a home on the beach offers"
Treasure Realty is a full service Topsail Island Real Estate Company offering 400+ vacation rentals and also sales services to buyers and sellers in Topsail Island, Sneads Ferry and Jacksonville, NC. Treasure Realty has been serving the NC Coast since 1989 and is #1 in Sales and Rentals on Topsail Island. Visit http://www.Treasure Realty.com today and let us help you find your castle by the sea.