Vacation Homes Market Booming
The current real estate market in Sandbridge is very active and has investors looking for good opportunities. Below is an excellent news article from TIME Magazine I found relevant to the vacation homes market in our community. Please let me know if you have any questions regarding investment properties and/or the current market in Sandbridge.
“Market for Investment and Vacation Homes Has Been Booming”
By BRAD TUTTLE
Buyers snatched up houses as investment properties and second homes at an especially fast clip last year. The number of homes purchased for investment purposes rose a whopping 65% in 2011, from 749,000 to 1.23 million properties—which was more than one-fourth of all homes sold last year.