Sunday, July 26, 2009

Tourism Helps Drive Coastal Luxury Home Sales

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 destinations and resort towns provide some of the most beautiful real estate spots along the east coast, gulf coast, and pacific coast in the United States. These markets power the tourism industry and fuel the desire to own real estate on the ocean.

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.

If a large urban area is your liking, then of of the large urban hot spots like Miami, Florida is what you are looking for. New construction abounds in these areas with lots of choices including high-rise condos with beautiful views of the ocean and low maintenance living.

As urban areas seem to have an unquenched thrust for further development, investments opportunities seem to be endless with vacation rentals and condos powering the local real estate market. The smaller towns on the other hand are using zoning ordinances to restrict construction and preserve the history of the towns.

In Closing

Now is the time to own your coastal dream home. The real estate market is trying to make a comeback but prices are still low and bargains abound in the market. Contact a real estate agent today for a list of coastal homes available for sale. - 23309

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