President of Sotheby’s International Realty Philip White said: “Since the pandemic, we have seen a boom of interest in suburbs, secondary cities, and vacation markets in the U.S. and around the world. That trend has endured, and I envision buyers will continue to seek out locations that offer space, natural beauty, relaxed lifestyles, and larger properties.” Here are some great towns to consider for an additional home.
Seaside, Florida
Seaside is located on the Emerald Coast of Florida. It was featured in the film The Truman Show, which made it a tourist destination, and we totally understand why. Thanks to its coastal architecture, pastel homes, incredible beaches, and world class restaurants, this is a fantastic place to consider getting additional property.
Bend, Oregon
Bend has on average the most sunny days of all places in Oregon. Located about three hours driving distance from Portland, this is seriously a beautiful town. Bend is home to over 300 miles of bike trails, climbing routes, and skiing/snowboarding trails. There are also plenty of opportunities for water sports on the Deschutes River. For the nostalgic types, the last remaining Blockbuster in the world is also located here, so come and rent a DVD, if you still have a DVD player, that is.
Grand Lake, Colorado
According to Philip White, “The Grand Lake market is incredibly popular right now and is near the entrance to the Rocky Mountain National Park, ideal for those looking for a vacation home that offers adventure and hiking.” It makes sense, since Grand Country saw a 151% increase in sales just in the first half of 2021, so if you’re interested, you should act quickly.
Big Sky, Montana
Big Sky is the perfect mountain retreat that offers incredible views of the Rocky Mountains with a luxurious experience. It is usually a winter destination and is perfect for skiing and snowboarding lovers. The median home price grew by 22% from September 2020 to September 2021, so you should move quickly.
Wailea, Hawaii
It won’t take much to convince you that Wailea, a gorgeous Maui town is a great place to consider getting a vacation home. It has five stunning beaches to choose from, hiking trails, fantastic golf courses, snorkeling outports, and the Ahihi-Kinau Natural Area Reserve.