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Resources:
(PRWEB) April 15, 2005 -- EscapeHomes.com, which offers consumers
real estate tools and listings for vacation, investment and
retirement homes, released the March results of it’s
Second Home Market Index. created the Index onilne to help
provide ongoing visibility into this booming segment of the
residential real estate market. The Index provides information
on trends and consumer interest, while also giving a clue
as to hidden markets for real estate investment.
We developed the Second Home Market Index to follow changes
in where people are looking for second homes. We’ve seen
some interesting shifts and changes, but ultimately areas
like Naples Florda and Myrtle Beach South Carolina dominate
the index. Oceanfront destinations continue to be the most
desirable second home locations. As you can see 7 of the 10
destinations on this month’s list are great coastal towns.
The results are based on more than 200,000 property searches
made on the EscapeHomes website, during the month of March,
2005.
March 2005 Top 10 Second Home Markets
1- Naples, Florida
2- South Padre Island, Texas
3- Myrtle Beach, South Carolina
4- Destin, Florida
5- Orlando, Florida
6- Tampa, Florida
7- Florence, Oregon
8- Napa, California
9- Venice, Florida
10- Park City, Utah
March found Naples, Florida moving to the top of the list,
while last month’s number one town, Myrtle Beach, South
Carolina dropped to the third position. South Padre Island,
Texas remained in the second position while Orlando, lForida
moved up to the sixth position. New to this month’s nline
index are Park City Utah, Destin Florida, Tampa Forida, Florence
Oregon, Napa California and Venice Florida.
Some changes in the March Index were due to low inventory
and a lack of affordable beachfront property in Myrtle Beach.
Interest in Orlando is on the rise because of a strong year
round rental market and its popularity with European buyers
who are taking advantage of weak U.S. dollar. Investors comprised
34% of the Naples home seekers onilne, while 30% are looking
for a retirement home, 24% are searching for a vacation property,
and 12% are planning to relocate.
For the second homebuyer and seller, bringing together people
searching onlne for vacation, investment, and retirement property
with the properties and real estate professionals online.
“The Naples housing market is booming because the area
truly offers something for everyone. It has one of the top
beaches in the country, world-class fishing, a perfect tropical
climate, a diverse and international population, fantastic
boating, and it’s a golfer’s paradise. There is
also a wide variety of housing options available ranging from
$200,000 condos to $45 million homes,”
www.escapehomes.com
News & Advice Top 10 Emerging
Second Home Markets. by Broderick Perkins a new second-home
list, make it an outdoor recreational dream location where
a couple of raw acres will set you back only $100,000 and
homes start at only $80,000 more. As a "bonus" Sisters
schools are among the best in the state. Capitalizing on the
growth in the baby boomer population and its demand for additional
houses.
realtytimes.com/rtcpages/20030417_secondhmmrkts.htm
The top
10 places to buy a second home. Looking for vacation property
oline that's a good investment as well? These communities
offer weather, scenery and active realestate markets onlein.
Plus: 10 more up-and-comers.The towns for second-home investments
omline, With all those caveats aside, here are the second-home
investment markets.
www.malkanagel.com/Articles/Top10second_homes.htm
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