Naples, Florida Remains the Most Popular Second Home Destination; EscapeHomes.com Releases Second Home Market Index Results for April 2005

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EscapeHomes releases its monthly Second Home Market Index results. The top second home real estate destinations are announced. Top location for April 2005 is Naples, Florida.

EscapeHomes.com found Naples, Florida maintaining its position as the number one most searched town during April 2005. EscapeHomes.com created the Second Home Market Index to help provide ongoing visibility into this booming segment of the residential real estate market. The Index provides information on home buying trends and consumer interest, while also giving insights on possible up-and-coming markets for real estate investment.    

The results are based on more than 200,000 property searches made on the EscapeHomes website, http://www.EscapeHomes.com, during the month of April, 2005.

1- Naples, Florida    

2- South Padre Island, Texas

3- Orlando, Florida

4- Myrtle Beach, South Carolina

5- Park City, Utah

6- Destin, Florida            

7- St. Augustine, Florida

8- Murphy, North Carolina

9- Santa Barbara, California

10- Napa, California

Naples, Florida and South Padre Island, Texas remained the two most searched locations. Orlando, Florida moved up two positions while Destin, Florida dropped two positions. New to this month’s Index are Murphy, North Carolina; Santa Barbara, California and St. Augustine, Florida. The most noticeable shift in the April Index was Park City, Utah, which moved up five spots on the Index.    

“Park City is an active and growing four-season resort community only 30 minutes from Salt Lake City and the Salt Lake City International Airport. Along with three world-class ski resorts, we offer five golf courses, fishing, boating, and seemingly endless miles of mountain biking and hiking trails,” explains Dennis Hanlon with Lewis, Wolcott & Dornbush. (http://www.escapehomes.com/main.aspx?tabid=59&SearchType=Advanced&Bio=1&userid=341).

Investors comprised 38 percent of the Park City home seekers, while 26 percent are looking for a retirement home, 22 percent are searching for a vacation property, and 14 percent are planning to relocate.

About EscapeHomes.com:

EscapeHomes.com, The Smart Source For Second Homes, is the only online real estate marketplace focusing exclusively on the second homebuyer and seller, bringing together people searching for vacation, investment, and retirement property with the properties and real estate professionals that meet their needs.

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Amanda Sturges
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