Housing trends may come and go, but owning a home within easy walking or driving distance to the beach never loses its appeal—a fact that did not go unnoticed by savvy real estate investors last year.
Five popular oceanside destinations stood out for attracting the most speculators in 2024. And all were clustered along the coasts of California and Florida, according to the latest Realtor.com® Investor Report released this week.
“While overall homebuyer activity has cooled, investors may be stepping in to capitalize on lower prices and explore opportunities for short- or long-term rentals,” explains says Realtor.com senior economic research analyst Hannah Jones…