Vacation Home Sales Are UP!!

Like most of the country, here on Anna Maria Island people are trending to buy more vacation homes.  Vacation sales were up almost 30% last year with a total sale units of 717,000 across the country, but was still surpassed by investment home purchases at 1,100,000 units.  People buying Investment properties paid in cash 46% of the time as compared to vacation home buyers who paid cash about 36% of the time.  The median age of vacation home buyers was 43 and 42 for investment property buyers.  50% of investment property buyers bought the property as a rental.  And just as we suspected for both vacation home buyers and investment property buyers, the southern United States was the preferred region to buy in.  Whether you are looking for a vacation home or an investment property contact us FIRST at Anna Maria Island Beaches Real Estate to find your piece of paradise.