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.
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