That's because the much-heralded "seller's market" that had prevailed in Ocean City, N.J. until 2005 has shifted.

Here's why:

One of the key factors that govern housing activity at the Jersey Shore - the coming of age and maturity of the Baby Boomers, finding themselves with disposable income and inheritances, and armed with todays technologies allowing them to virtually “shop at home” for shore property.

Affordable mortgage rates have played a key role in the rebound, and could stimulate an even more vigorous consumer response in the coming several month. Thirty year fixed-rate mortgages in the 5.00 percent range are available from area lending institutions.

Government incentive credits are available to MANY qualifying First Time Homebuyers AND purchasers of shore homes for families that have owned a primary home for 5 of the past 8 years - and in some cases the property they are buying does NOT necessarily have to become a primary residence.

The point here : The inevitable result will be more qualified purchasers out in the market, hoping to purchase the new or resale house they have been putting off in the past. Price adjustments are making this a Second Opportunity for many buyers who put off their purchasing decision the past few years. So, if you've been waiting for the right time to look for the home of your dreams - the Time is Now!