Last fall my sister and brother-in-law bought a tidy little house on a 'jumbo' acre. They managed to get it for a real song of a price compared to the values for a similar property in the Portland-Vancouver metro area. Frankly about 1/2 price. Now she has referred someone to me and that person is looking for a beach property as well.
My newest beach client is looking in the $300k - $400k range and should have no problem at all finding the right home. The Long Beach Peninsula remains under-valued in the market place, but I don't think this will last forever. It will be "discovered" soon and that could lead to a run up in values. Get yours while the 'gittin' is good :)
Here are some value properties I found recently in a search.
|2 beds, 1 bath, 1040 SF listed at $164,900|
|3 beds, 2 baths, 1435 SF Ocean View! Listed at $239,000|