Last year, vacation home sales rose over ten percent. The U.S. Census Bureau reports there are almost eight million vacation homes in America today! That means nearly a tenth of citizens own a vacation home. The overall price of a second home is down a whopping 25% (and that’s being conservative) since 2006! Interest rates are at historic lows. A strong stock market return combined with discounted foreclosures has really brought smart buyers out of the woodwork. And the smartest buyers look to Mann & Sons when buying a vacation home in Rehoboth Beach.
There are many reasons why vacation homes are a good idea. First and foremost, purchasing a vacation home gives you a permanent place to take the family that you can fix up just the way you like. If you think a weekend at the beach is fun and relaxing, a place to retreat to when you need a break from everyday life is an asset you can’t put a price on. In your own vacation home you’re free to bring pets, cook your own meals, and have guests. And those are just a few of the perks! There are so many options: a beach house in downtown Rehoboth, a condominium on Route 1, or a mobile home in one of the many fabulous communities in the area.
Also, there’s the opportunity to rent the home for extra income. You can’t spend all your time vacationing, so why not make money during those times? Mann & Sons can help you virtually pay for your home by renting it out. The Rehoboth Beach area has great rental potential! Beach homes will always be sought out by vacationers, whether weekly or monthly. Renting a vacation home is definitely the current trend, as opposed to cramming into a hotel.
Another trend is buying a vacation home with the intent to retire in it. Vacation at the beach today, live here year-round tomorrow. Finally, vacation homes are a great way to diversify your investments. Contact Mann & Sons today and be in your beach vacation home this summer!#shareaholic#