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- RT @M_RiordanPBE: Full moon Tuesday February 7th. #skywatch
- RT @M_RiordanPBE: @AnnDelaneyBeach @iamthebassman I love that we can share such beauty where ever we are that day
- AND over the ocean. #brightmoon http://t.co/xzbDPo7z
- The moon! Over the dunes. http://t.co/dHaUH8ef
- Stone Harbor, NJ- Escape to the shore! http://t.co/r0x340UN Excellent value $409,000 furnished
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Prices and Percentages
I follow a segment of the Florida market, and have watched values drop 20% from the height in 2005. The property that I own was purchased in 2001, and even with the decline, has increased in value an average of 10% per year- so still a good investment. Plus, the intangible benefit of personal use.
We have experienced a similar trend at the Jersey Shore. The peak of our market was late 2004 through 2005. Values have dropped an average of 20% from the peak- with exceptions for unique locations. New construction remains the most popular real estate in our market, and has maintained a stronger position- down just 10%.
Future? I am confident in my Florida location because it’s located in a “name brand” community. I feel the same about my year round home here on the island. Both are popular areas and will continue to attract interested buyers who want to own in beautiful locations!