Archive for October, 2007

In the past several months, I have written articles on long-term rental properties and the vacation/second home trends, and this month, I would like to address a very special niche in the real estate market—vacation rental properties.

In Buncombe County we have a large number of vacation rental homes, although it is difficult to track specific numbers.  While concrete numbers are not available county-wide, as an example, there are 650 homes in Montreat, and I would guess there are about 150 vacation rentals in Montreat alone.  That makes the rental market, particularly short term rentals (i.e. vacation rentals), very important to our community as a whole. (more…)