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Stock Market & Treasuries Benefiting Sandbridge

bullishThe recovery on Wall Street has been helping Streets in Sandbridge. Record house sales in the last 12 months has been assisted by the recent bull market according to several of my buyers. Feeling the wealth effect has made more baby boomers comfortable enough to move forward with their beach house dreams.

Another group of buyers have been investing in Sandbridge rental properties as an alternative to low yields on savings. These are successful, conservative business people who were burned by the last stock market slide and haven’t returned to mutual funds or individual equities. They see Sandbridge as an enjoyable productive investment.

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