If you have ever considered a Beach house as a second home or vacation rental home now is the time to buy. After January and in February or after, everyone else is starting to think spring - now is the time for you to get a jump on the process. Now, before all your competition gets up and running to start the annual bidding war.
This Past Year Some Home Prices Increased Over 60%. The vacation home market is on track to do it again this next year. Interest rates are still relatively low you can get 100% financing on your vacation home or rental home. The following year may be a different story.
Limited Supply and Getting Smaller. Real estate in general has a finite supply. In areas that people want to live the limited supply is more evident and when it comes to the beach the supply is actually decreasing which we know drives up the price. Government regulations Federal, State, Counties, and local governments all have and continue to pass laws and land use regulations restricting our ability to use or build on beach and wetland areas. No argument as to whether it is good or bad it