STATEN ISLAND, N.Y. – As the U.S. economy continues to improve along with the rebuilding of the Hurricane Sandy-damaged Jersey Shore, some Staten Islanders may be turning their attention to the possibility of buying a vacation home. And as summer sunshine is quickly approaching, the timing may be just right.
Nationwide, the median sales price of a vacation home in 2012 was $150,000 — up 24 percent from the prior year –and this summer could be another sizzler, according to an online article at Money.CNN.
The same article quotes a real estate expert as saying values are still well below the 2005 peak of $204,000, and many sought-after areas are teeming with investors.
The hottest locations? Those, like Florida, hit hardest by the downturn. READ MORE …
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Thank you for visiting the blog site of the Staten Island Board of REALTORS® (SIBOR)
The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association inStaten Island, N.Y.
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.
Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS),which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR may be reached at 718-928-3220 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Board of Realtors,” on Twitter via @SIBOR, and on YouTube at the Staten Island Board of Realtors and RelevantPR channels.
SIBOR Media Contact: Barton Horowitz
Relevant Public Relations, LLC
Headquarters: 718‑682‑1509
Mobile: 917‑715‑8761
Email: Bhorowitz@RelevantPR.com