One of the real benefits of living in the Carolinas is the temperate climate coupled with the ability to travel and within a few hours visit gorgeous mountains and beautiful beaches. My daddy always told me it’s great to have friends with boats, mountain houses, and beach houses. That’s the best of all worlds. Many of us have always dreamed not only to have access, but to own a second home for future generations to enjoy.
Because of the economy and financial reforms, the secondary housing market has been impacted the hardest, second only to new home construction. To that end, if one has a nest egg or equity in their current home, the opportunity to take advantage and to own a second home is here. There will never be a time in history to strike better than now.
We will all look back on 2011 and 2012 and say, “If only I would have, if I could have and why didn’t I,” because the pricing, financing and the amount of inventory is breathtaking. Waiting will only ensure that the price and cost will be higher. You owe it to yourself to at lease ask a Realtor about second home opportunities.
Here’s to seeing you at Boone, Blowing Rock, Wrightsville Beach, Pawley’s Island, Wild Dunes, Litchfield, Debordieu, Bald Head, Hilton Head, Cashiers…(and these are just some of the options.) You name it, there’s a second home or lot waiting for you!
Where are some of your favorite places to travel in the summer?
By Pat Riley (President and Chief Operating Officer)