Home Prices Rise In Many Vacation Areas

According to Trulia, a real estate website, home prices in popular travel and vacation areas are up. On May 1st, the recorded median asking price for homes in vacation areas increased 1% from 2012. Vacation home sales are not rebounding as quickly as homes in other areas, but are expected to continue to gain momentum over the coming year as more homebuyers take advantage of lower interest rates. Vacation areas have been defined as areas where at least 25% of homes are used seasonally or occasionally. More here

Leave a Reply

Your email address will not be published. Required fields are marked *