Yet, on New Jersey’s Shore, the typically multimillion-dollar pursuit of a home steps from the water has continued to surge. As beachfront house sales have surged, so has curiosity in beach vacation leases, actual estate agents said. Pandemic work-from-house orders have led some folks to decamp to makeshift offices of their second properties on the Jersey Shore.
Fort Myers Beach News
An aerial view of Absecon Island, N.J. The coronavirus and low mortgage charges have pushed some consumers on the fence to lastly buy that Jersey Shore home. The average sale price of a house in the metropolis with an space just shy of three sq. miles is more than $1 million, Yerk stated.
Even patrons with budgets of up to $2 million have lately had difficulty discovering property. Cape May has ranked among the fastest-rising markets for luxury property, according to information launched in March by the National Association … Read MoreRead more