Best Places in U.S. to Buy a Vacation Home2013-08-13
For one, it’s still possible to purchase homes in popular vacation spots at decent prices, and mortgage rates are still relatively low. Plus, the homes can be income generators, if their owners rent them out when they’re not using them. Twenty-three percent of vacation-home buyers who participated in the Realtors’ annual survey on the topic said they planned to rent out their newly purchased home to others. To maximize rental profitability, buyers may want to seek out homes in some of the most popular tourist spots—and the markets where vacationers are most likely to be interested in a home rental.
These are the top 10 best places to buy a vacation home, based on the most popular rental destinations.