A place to rediscover nature, to re-find the organic rhythms of life. Today's second home owners are much like yesteryear's. They want the sun. They want the recreational opportunities. They want to enjoy a slower pace of life.
Vacation homes are a promising niche for realtors.
According to Realtor magazine, the number of second homes was expected to jump 6.2 percent from 1998 to 1999. Americans were thought to own a projected 6.4 million of these properties, according to the U.S. Census Bureau. Most experts attribute the trend to aging baby boomers and a robust economy. Seniors are particularly interested in these properties, as they seek prime recreational opportunities in warm climates. Second homes account for 3.1 to 7.4 percent of national housing stock, as reported by the Real Estate Finance Journal.