Looking for a second home or vacation property by the water? RealtyTrac® released a special report ranking the best bargain beach towns for summer 2016 based on median home prices, average summer temperatures, air quality and density of registered criminal offenders.
For the report RealtyTrac analyzed more than 1,400 cities in coastal counties as defined by the U.S. Census Bureau. The list was narrowed all the way down to the top ranking bargain beach town in each of the 15 states with a city matching the final criteria for a bargain beach town.
“Buying a second home or investment property in a beach town can help families save on summer vacations for years to come and also potentially generate vacation rental income,” says Daren Blomquist, senior vice president at RealtyTrac. “While real estate close to the ocean tends to be pricier, bargains are still available particularly in smaller towns off the beaten path where home prices have been slower to bounce back from the housing downturn. We picked the highest-ranked bargain beach town from each state to provide a good sampling of the diverse beach town experiences available across the country.”
For more information, visit www.RealtyTrac.com.