OCEAN CITY, N.J. - As Memorial Day weekend, the unofficial start of the summer season, approaches, most people have their eyes on a Jersey Shore vacation, and some are saying vacation rentals are on the rise.
In Ocean City, N.J., rentals are already up from last summer. Real estate specialists on the shore say that it might actually be difficult to find an available rental property this late in the season if you haven’t already started looking.
New construction slowed with the economy, so there are few new properties to consider. If you factor in that rentals on the shore didn’t dip with the economy and people are now reporting having a little more money to spend on vacations, you may find some competition in finding a good place to stay.