Vacation Homes – Not just for the WealthyTerry Riffe | June 15, 2015
When people dream of vacation homes, oftentimes they cut themselves off quickly, thinking they would never be able to afford one. However, new research by the National Association of REALTORS® shows that is probably not the case. while vacation homes are obviously a big investment, they aren’t out of reach for those under the six-figure salary mark. According to NAR’s 2015 Investment and Vacation Home Buyer Survey, the median household income for those who own their primary residence ($79,650). And if you thought buyers needed cash to buy it, think again – 70 percent of vacation homes purchased last year were financed with a mortgage.
In the Orlando/Disney World area, there is such a wide range of vacation homes available to suit most any budget. Are you looking for a vacation home to enjoy yourself, or an investment property that you would like to rent out short term? I would be happy to assist you with all of your vacation hoe/investment home questions. Call me 1 (407) 800-0888 or send me an email email@example.com. I look forward to going over all the possibilities with you.