In the market for a vacation home or looking for a short-term rental or two for your portfolio? The folks over at Realtor.com put together a list of the top 10 places where folks can find the most affordable vacation home right now. They say some urbanites are even buying a second home before securing a primary residence because they can’t afford the type of home they home would like to buy, sending prices even higher. Indeed….
“We’ve seen rising demand for homes in vacation destinations within a three-hour drive of major metro areas, especially in mountain and waterfront areas where people can be outdoors and there’s less [population]density…Even as urban markets have seen tourism return, the popularity of off-the-beaten-path getaways hasn’t wavered.” Said Daned Kirkham, senior director of real estate at Vacasa, an international vacation rental management company.