Source: Forbes —
While the real estate boom of 2021 and 2022 may be calming down, the effects of the pandemic-fueled buying frenzy have proven long-lasting in many parts of the country—in particular for second home and vacation markets that emerged as buyers sought more inventory and more reasonable pricing.
Once eclipsed by hot spots like Aspen, Colorado; Scottsdale, Arizona, or New York City, these rising markets have now grown to top a list of last year’s most popular vacation home destinations in the United States, according to data analyzed by consortium representative Pacaso.
Read on to find out what parts of the country made the cut.
Indian River County, Florida
It’s no surprise to find a coastal Florida region on the list. The area has long been one of the largest second-home markets in the country and continues to attract vacation home buyers who stay for the warm weather and breathtaking beaches. What is perhaps a bit more of a surprise is that Indian River County, along Florida’s Treasure Coast, outperformed more well-known communities, such as West Palm Beach and Fort Lauderdale. However, with the area’s wealth of scenic natural beauty, it’s no mystery. A varying topography that includes ocean shoreline, lagoons, rivers and lakes means an abundance of waterfront properties.