If you have been waiting for the right conditions to purchase a second home or vacation rental, the time is now! Prices have hit the bottom and are stabilizing; this is the most effective time to buy real estate as an investment. I am not talking about flipping a property in six months; I am talking about a five year investment.
Vacation rental prices will continue to increase over the next five years and the property should also be equitable over that period of time.
Back in 2002 I heard this comments from many buyers “I wish I would have bought property here in Destin Florida a couple of years ago” and today’s market conditions now match the year of 2000 with great property prices, a stable market, the best interest rate in history.
Want a second home or a vacation rental in Destin Florida? Do not wait two years and regret passing up today’s market conditions….I may say, “I told you so”.
Bev Dudley, Realtor
Fluer de Lis Realty
http://www.luxurygulfproperties.com/
Vacation rental prices will continue to increase over the next five years and the property should also be equitable over that period of time.
Back in 2002 I heard this comments from many buyers “I wish I would have bought property here in Destin Florida a couple of years ago” and today’s market conditions now match the year of 2000 with great property prices, a stable market, the best interest rate in history.
Want a second home or a vacation rental in Destin Florida? Do not wait two years and regret passing up today’s market conditions….I may say, “I told you so”.
Bev Dudley, Realtor
Fluer de Lis Realty
http://www.luxurygulfproperties.com/
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