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Sunday, July 26, 2009

Tourism Helps Drive Luxury Home Sales On The Ocean

By Hubert Miles

Talk about luxury homes on the ocean and you'll probably picture waves crashing on the coast with large homes overlooking sand dunes. These mental images likely came from a trip to some of the most famous beaches in the United States.

Scenic urban hot spots and resort towns along the Atlantic, Pacific, and Gulf coast offer luxury real estate markets that fuel both the local economies but also provide an economic boost for many outlying areas. These real estate markets help to provide both vacation rental, timeshares, and luxury home sales in their respected states.

Quiet resort towns like Plymouth, Massachusetts and the Outer Banks of NC provide opportunities for those looking to own a piece of history. Many of these areas are small fishing villages that have some sort of historical impact on the United States.

New construction properties have become popular choices in large urban areas. Many of these are luxury condo developments that offer views of the beach and ocean. In addition to great views, many of the units are spacious with a low maintenance lifestyle.

Recent years have seen the evolution of these coastal towns and urban areas in very different ways. Urban areas have created thriving investment atmospheres with vacation rentals forming a solid backbone for the real estate industry. While smaller towns struggle to maintain their sense of history and independence through zoning ordinances that put restrictions on commercial construction.

Final Remarks

Is it time to treat yourself to that coastal home that you deserve? Choose the area you like and contact a local Realtor to get a list of available homes for sale. - 23217

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