The Wall Street Journal Reports: Vacation Home Market Heating Up

Vacation home sales are on the rise as investors realize that the incredibly buyer-friendly market conditions won’t last forever. Here is what Wall Street Journal writer Joe Light reported in a recent article.

“If you’re thinking of buying a second home in the next five years, this might be your best opportunity . . . Near-record-low mortgage rates, bargain prices and dwindling home inventories are bringing some once-untouchable markets within reach for the first time in a decade, say housing-market experts.”

As the article confirms, there is a sense of urgency to take advantage of current rates and prices that is spreading among luxury real estate buyers. While conditions are still not what they were before the housing bust, they are not getting worse, as evident by an increases sales and the return of bidding wars.

The most recent National Association of Realtors survey showed a 7% increase in vacation home sales in 2011 with California locales Napa and Santa Barbara named two of the top vacation home markets.

But as the Wall Street Journal article suggests, some real estate authorities believe that signs are beginning to appear of a bottom-price for vacation homes.

Explore the vacation home possibilities that may not be available for much longer by contacting Hurwitz James Company in Beverley Hills at 888.681.5902.


The view from the hot tub at the Cabana Verde property in Costa Rica, listed at $1.5M. 
Please contact Hurwitz James Company for more information. 

Dominican Republic Villa in Prime Vacation Location Available for Only $670,000

It’s that time of year when it’s easy to drift into daydreams of sandy beaches and ocean breezes. It’s also the perfect time of year to buy a home, particularly a vacation home. We currently have a listing for a beautiful home in Sosua, a hot tourist destination in the Dominican Republic available for only $670,000!

The Villa La Mulata is a two-story ocean view home and hidden sanctuary situated on the hilltops of Sosua. The Villa includes three large bedrooms, an impressive master suite and enormous master bathroom, granite countertops, large gas stovetop and a spacious living room.

Owners will be able to live in private luxury with the gated entry, stunning garden, sparkling swimming pool, whirlpool and outdoor leisure areas to enjoy the endless views and gorgeous sunsets. Only minutes away from the popular snorkeling beach and the town’s shops & boutiques, restaurants and nightlight, the Villa’s location also makes for a prime vacation destination.

Interested buyers should act fast before this gem is snatched up. Schedule a showing by contacting Hurwitz James Company in Beverley Hills at 888-681-5902.

 

Cost Rica is Calling with a Fantastic Vacation Home for Sale!

Just imagine having your very own private tropical paradise where you can escape to at any time while still feeling right at home. If a permanent vacation spot in Costa Rica sounds like something you could get used to, Hurwitz James Company might have the perfect vacation home for you.

The Cabana Verde home in San Isidro del General in the Southern Pacific Region of Costa Rica is nestled on a private, 5-acre estate amidst tropical gardens, waterfalls, mountains and a winding river. The estate includes a 6,000 square-foot Mediterranean style villa, an unattached guesthouse, a custom massage room, an oversized spa and a sparkling swimming pool.

A tropical vacation home wouldn’t be complete without exciting outdoor opportunities. The Cabana Verde‘s prime location allows vacation homeowners to enjoy world-renowned beaches, biking, hiking, horseback riding, deep sea fishing, natural hot springs, snorkeling, diving, sailing, white water rafting, zip lining, mountain climbing and much more.

The Cabana Verde can become your very own vacation home for $1,500,000. Interested buyers can contact Hurwtiz James Company at 888-681-5902.