Housing data powerhouse RealtyTrac recently 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. The report analyzed more than 1,400 cities in coastal counties across the nation. Each city was garnered index score from 0 to 500, with 500 being the best possible.
“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….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…” said Daren Blomquist, senior vice president at RealtyTrac.
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