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Sunday, July 26, 2009

Tourism Helps Drive Luxury Home Sales On The Ocean

By Hubert Miles

When you say coastal luxury homes you'll likely think of images of crashing waves and majestic beach homes perched atop sand dunes overlooking miles of pristine beaches. This image was likely birthed by pictures of some of the most famous beaches in the world.

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.

These resort towns are often are home to a real estate market that showcases a variety of new construction and older historic homes. These resort areas often tailor to those looking for quiet getaways from city life. Many are small fishing villages that are deep in historical significance.

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.

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.

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. - 23196

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