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Main Line Realtors®, Sage Realty LLC, Announce Vacation Home Sales Hit Highest Levels Since 2006

vacation home Main Line Realtors

Wayne, Pennsylvania – July, 2016 – Since the big vacation home buying boom in 2006, the market had seen a slowdown due to the economy, demographics and a variety of other factors. However, in 2014, the vacation home market bounced back with a surge of sales. While the rise in sales can be attributed to many factors, experts believe that much of the comeback involves baby boomers, who are retiring and downsizing, and making their future plans. Sage Realty LLC, Main Line Realtors® who provide expert services, take a closer look at the new increase in vacation home sales.

In 2014, vacation homes peaked at 1.13 million sales. In 2015, sales were slightly slower with 920,000 sales. Those 920,000 sales accounted for 16 percent of all sales in 2015 – according to the National Association of Realtors® (NAR). Generally, buyers were drawn to the beach, mountains, lakefronts and rural country homes.

Over half of people investing in vacation homes found their properties online, while the rest used a Realtor® or took the recommendation of a friend or neighbor. After a vacation/family retreat, future retirement plans were the second biggest reason people invested in vacation properties.

Although vacation sales have seen a slowdown this year, the slowdown is partially attributed to lack of inventory and subsequent rising prices. As baby boomers flock to the market along with some younger families who have earned equity on their primary home purchases, the more popular areas see properties quickly snatched up. One in five of those baby boomers also plan to make their vacation home permanent at retirement, according to the NAR.

The Main Line Realtors® at Sage Realty LLC can help vacation home seekers successfully find the homes they are dreaming of, especially in a pricier, low inventory market.

About Sage Realty LLC

Sage Realty LLC is a buyer-centric real estate firm founded by Linda Walters. With decades of experience, and holding certifications as specialists in luxury homes and buyer issues in real estate, Sage Realty is a strong partner in the home buying process. Sage Realty LLC is dedicated to helping clients find their dream homes in the Main Line PA, and surrounding areas.

For more information, please visit www.findahomeinpa.com or call (610) 687-4000.

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True Walk-to-Wayne

425 N. Bellevue Ave
Wayne, PA 19087

$775,000
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4-5 bedrooms
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Hear From Our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Hear from our Clients

  • "We were so pleased that a co-worker recommended someone in the area that she trusted. Boy, did we strike gold on all counts. You are amazing!"
  • "Instead of trying to take advantage of conflicts of interest, she puts the client's interests first."
  • "Linda is a hardworking, proactive and knowledgeable realtor. Throughout the process of finding and buying our new home, she was always responsive and kept us up to date on every detail."
  • "Linda and the group at Sage are the right fit. You won’t find more knowledgeable, prepared and professional agents."
  • "Linda and Tracey really know the Main Line area."
  • "Throughout the entire process we never doubted that she always had our best interests in mind. We wouldn’t consider anyone else when buying a home on the Main Line."
  • "From start to finish, Linda brought to bear a most helpful combination of experience, knowledge, attention and integrity on a somewhat complicated transaction. There was never any doubt that she represented our interests."
  • "Her knowledge of the area helped us quickly narrow our search and ultimately scored us an amazing home in an incredible neighborhood."
  • "It is hard to trust when you are not sure of the rules of the game. Working with Linda made us feel like we were family. Linda took her time to relay and explain everything in detail."
  • "Linda’s honesty and real estate savviness made for a wonderful home buying experience!"

Read more about what our clients have to say

Sage Buyer Tips

Use Sage Buyer Tips to research the Main Line and stay up to date on real estate news. This online destination is chock full of resources for buyers and sellers: you can see our Main Line communities or explore Sage favorite places. Browse properties here and search other Main Line real estate. With Sage’s advice and experience, first-time buyers and those looking to upgrade can find homes best suited to their needs.