Vacasa is the leading vacation rental management platform in North America, transforming the experience by integrating purpose-built technology with expert local and national teams. Travelers who use Vacasa can relax in 30,000-plus homes across 400 destinations in North America, Belize and Costa Rica, with 24/7 support just a phone call away. Recently, Vacasa released its 2021 Top 25 Best Places to Buy a Vacation Home, the company’s fourth-annual report that ranks the best U.S. destinations to purchase a vacation rental property.
The main takeaways and findings from the report are:
- 70 percent of homebuyers made their first rental home purchase this year
- Growth in mortgage-rate locks for second homes recently dropped to pre-pandemic levels
- More first-time real estate investors and second homeowners are renting out their properties for the first time
- 4 percent of buyers want to spend less than $399,999
- The top five cities with the highest cap rate/ROI:
- Gatlinburg, Tennessee
- Augustine, Florida
- Gulf Shores, Alabama
- Dauphin Island, Alabama
- Norris Lake, Tennessee
- Newcomers to the list this year are Deep Creek Lake, Maryland; Cle Elum, Washington; Litchfield Beach, South Carolina; and Twentynine Palms, California
- States with multiple cities in the top 25 include Florida, California, Tennessee, Alabama, Vermont, Georgia and Colorado
For more information and the full report, visit Vacasa’s website.
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FX Excursions
FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.
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