Tuesday, October 6, 2020

COVID-19 and the Coast

Coastal areas rely heavily on the tourism industry. That industry has taken a Chuck Norris round house to the face with COVID-19. If you live in the coastal areas be sure to do as much business with your local restaurants and businesses within the guidelines of local and state authorities of course.

The beach areas are more reliant on visitors and entertainment, social events, etc, so this virus has really done a number on the area and they would surely appreciate your support.

If you are thinking about buying a place at the beach, now is a great time to do so. Interest rates are very low and demand at the coast is not as crazy as it is here in the Portland-Vancouver metro area. That means you are not likely to be battling 10 other offers on every property. Pacific County, Washington has reasonable prices on real estate especially if you are coming form the perspective of Seattle or Portland-Vancouver. There is still a notable advantage over the Oregon coast as well.

The median home price on the Long Beach Peninsula is running about $230k which is barely more than half that of Vancouver, WA. There is great rates and great deals at the beach.

That's all I have this time around, see you next time!

     

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