EscapeHomes Releases List of Top Emerging Second Home Markets
San Francisco, CA - November 23, 2004. More and more buyers of second homes are seeking out emerging markets, according to the San Francisco based real estate service EscapeHomes (www.escapehomes.com). The company has found that many of today’s second home buyers are looking for affordable areas with easy access to their favorite recreational activities that haven’t yet been over-run with crowds.
In response to this demand, the company today released its updated list of Top10 Emerging Second Home Markets based on input from customers and its REALTOR® network:
"We continue to see strong price appreciation and high consumer demand in these markets for several reasons. First, the large base of active baby boomers entering retirement years is putting pressure on most of the already well-known second home destinations. Second, many people can no longer afford to buy into the top vacation and retirement markets or have difficulty finding homes that fit all of their needs. And finally, people are choosing real estate to diversify their portfolios, especially since interest rates are still at historic lows," said EscapeHomes President David Hehman.
“Paonia, Colorado is a little mountain town just over the pass from the high priced Aspen/Roaring Fork valley. Proximity to a full range of mountain sports, breathtaking scenery, a mild climate, outstanding musical events, and very affordable housing make Paonia an ideal place to buy a low stress mountain retreat,” said Dan Stech, an agent with RE/MAX Mountain West.
“Vashon Island is a rural community with an eclectic mix of equestrians, artists, writers, engineers, telecommuters, and other professionals. Vashon offers public schools rated in the top ten in Washington State, a safe environment, quality of life with only a short ferry ride to all the amenities of downtown Seattle and Tacoma,” explains Sherry Abbott with Windermere Real Estate on Vashon Island.
About EscapeHomes:
EscapeHomes is the only real estate matchmaker focusing exclusively on the second homebuyer, bringing together people searching for vacation property with the real estate professionals and properties that meet their needs. EscapeHomes focuses primarily on the retirement, investment and vacation needs of our customers.
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Media Contact:
Amanda Sturges
800.937.9090