The Wall Street Journal Reports Vacation Homes A Hot Market

According to Realtor.com, Wall Street Journal, Vacation Home Real Estate Emerges As Hot Market

It is always encouraging when a story is released like this one. With that said, what is the story and report based on, and does it hold water when you apply it to our local Sunriver Real Estate Market…

The report bases it’s attention getting headline off of home sales, year after year. Hard numbers taken from diffrent vacation areas. Here are the stats provided in the article…

percentage increase in homes sold from 2009 to 2010…

Barnstable County, Cape Cod, Mass.: 9 percent
Hilton Head, S.C.: 13.6 percent
Mercer Island, Wash. (waterfront): 181.8 percent
Palm Beach, Fla.: 39.3 percent

So How does the Sunriver Housing Market shape up against the markets above? Well within Sunriver, homes sold in 2009 was 109. Compared with 130 homes sold in 2010, the increase equates to a rise in homes sold of 27%. When you compare the 27% number with the percentages above you can see our local market is strong amongst the competition. Of course there is lots of variables involved when assessing the strength or softness of a real estate market overall, and this is only one statistic. With that said it is a very encouraging sign, year over year. If you would like to read more please click on the link here. The link will take you to the Realtor.com story, the link to the Wall Steet Journal article is there as well. If you would like more information regarding the local real estate market and your specific situation please contact me.

email: khoak@prunw.com cell: 541-639-7760 

This entry was posted in General Real Estate Information, Good Deal, Best Value, Investment Property Info, Real Estate Information, Real Estate Market Commentary and Market Analysis, Real Estate News, Second Home, Sunriver Living, Sunriver Real Estate Market Commentary and Market Analysis, Vacation Homes and tagged , , , , , , , , , , . Bookmark the permalink.

2 Responses to The Wall Street Journal Reports Vacation Homes A Hot Market

  1. Kyle – I am noticing some increased activity mostly on homes under $400,000 in Sunriver, and recently have come across multiple offers on well priced homes. I think these sources may be on the right track.

  2. Jen says:

    So you’re saying I need to buy a vacation home in Bend or Sunriver? 😉

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