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Little is in ~ Tiny Beach Homes are Selling Fast!
Little Is In!
It's no secret that 2009 was a horrible year for home builders. In fact, 2009 was the worst year that builder's have seen in Ocean Shores since 2004 with only 44 new spec homes sold, according to the NWMLS. That number it seems is already on an upswing in 2010. One major sign that changes are coming is with the number of "presales," which is the sale of a new spec home before construction has even begun. As of February 17th, three new presales have gone pending on the NWMLS website. That's more presales already in the first month and a half of 2010 than we saw in all of 2009!
What's most exciting about these new sales is the size of these new homes. They are tiny! The average number of square feet in these little beach cabins is 768 square feet. The average size of a home sold in Ocean Shores last year was 1415 square feet. The average price per square foot for this new construction is $143.43.
Most buyers of a brand new little beach cabin are second home buyers looking to own their cute getaway at the beach. We're actually seeing some people ... more

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