Live near your favorite playgroundDecember 11, 2007
More Americans than ever before in history can afford to buy or build a second home, and guess where they are investing? They want to live near their favorite recreation spots. Real estate sales in the most popular “adult playgrounds” have climbed steadily over the past decade, despite variable economic conditions. Second-home investments are predicted to remain stable, even though the overall housing market has slowed down.
Homebuyers select locations for their recreational homes based on the leisure activities they most enjoy. Water sports are at the top of the list, and some of America’s most beautiful and valuable real estate offers beach access. If the buyer owns a yacht and loves deep-sea sport fishing, sailing or water-skiing, he or she will search for a home with proximity to good marina facilities on one of the coasts. Florida, California, Cape Cod and the Carolinas are preferred locations.
Call me if you want a detached single-family residence, a resort condominium or a choice parcel of land on which to build your custom home.