Many of us are spending more time together than ever before, so the need for extra space has never been more valuable. Perhaps all this togetherness is what is contributing to the steady growth of the luxury housing market.
Second Homes are On the Rise
During May, Realtor.com reported that prices experienced a 6.1 percent increase from the same time last year, and searches increased by 7.3 percent year over year within the luxury market. Their Chief Economist, Danielle Hale, says, “The COVID-19 pandemic has reinforced the resilience of the housing market and unlike prior downturns, the luxury market is leading the recovery. Stay-at-home orders and social distancing have put a new value on the extra space. We’re seeing this in the luxury market as well, which could mean there is renewed interest from high-end buyers to find a second-home that is within driving distance from their primary residence.”
Investing Today Will Impact the Generations of Tomorrow
This pandemic has highlighted that having a place to go to when life gets chaotic is a huge blessing. It’s also made us realize just how important community is and knowing how the feeling of being a part of a close knit neighborhood truly matters, especially when times are uncertain.
It’s been pretty incredible watching the community members of Cloudland Station support one another time and again during this wild year. It’s one of the many benefits of being a member of a gated community where the culture centers around support and care for their community.
It’s also been really fun enjoying our fruits of labor at the Plucky Peacock Farmstand ranging freshly laid eggs to vegetables and fruits. This summer has been awesome, and there’s a place for your family in our community!
Here at Cloudland Station, we aim to make it a place where you can unplug and remember the simpler times. But those times don’t have to be a thing of the past, they can be part of your everyday, starting right now. With so manyamenities and more coming, we offer a wide variety of good ole fashioned fun for every member of your family.
Investing in land and building a home is a real estate investment that extends far beyond today. It will impact your family for generations. With 500 acres ready to explore and the leaves gearing up for a display of breathtaking beauty in a couple of months, why not come to the Station, rest for a while, and meet some new neighbors?