A Home Away From Home

Posted by Steven Schrenk

We may still be in the throws of winter, but spring is right around the corner and with all that arctic chill your mind might start to think about next summer, and maybe even a secondary home investment. If so, you’re not alone. There's been a recent boom in vacation property sales among affluent investors and the baby boomer generation as they begin to reach retirement years. Vacation home sales across the country are soaring, rising by 57% to 1.3 million properties in 2014 compared to 2013 reaching a record high, according to the National Association of Realtors (NAR). In fact, vacation home sales accounted for 21% of all real estate transactions last year. This increase is great for the economy but there are many factors to consider before investing in a secondary home. Here are two key recommendations to keep in mind before taking the plunge.

Keywords: Interior Design, Coastal Inspired

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