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Investments, Vacation Homes, Out of StatePublished March 26, 2025
Second Homes & Vacation Properties: Is 2025 Your Year to Invest?
Owning a vacation home has long been a dream for many, offering a personal getaway and the potential for rental income. With the real estate market evolving in 2025, you may be wondering—is this the right time to invest in a second home? Let’s explore the pros, cons, and some of the best locations to consider in Washington and beyond.
Why 2025 Could Be a Great Year to Buy
Several factors are making 2025 an appealing time to invest in a second home:
- Interest Rates & Market Conditions – While mortgage rates remain a key factor, some economists predict potential rate adjustments in 2025 that could favor buyers. Keep an eye out in our weekly emails for updates on interest rates!
- Rising Demand for Short-Term Rentals – Platforms like Airbnb and VRBO are continuing to thrive, making vacation homes in desirable locations a great investment.
- Long-Term Appreciation – Many sought-after vacation markets have seen steady appreciation, making a second home a potentially solid long-term asset.
Top Vacation Home Destinations in Washington
Washington is home to stunning vacation spots, with options for both mountain and coastal retreats. Here are a few top locations to consider:
Leavenworth – A charming Bavarian-style village in the Cascades, perfect for year-round recreation. Ski in the winter, hike in the summer, and enjoy the festive town vibe. Learn more about the town at Leavenworth.org.
Ocean Shores – A peaceful coastal town with miles of beaches and a growing vacation rental market. This is an ideal stop if you’re looking to escape to the Pacific for vacation. See what’s happening in Ocean Shores at Visit Grays Harbor.
Lake Chelan – Known for its crystal-clear lake, wineries, and sunny weather, Lake Chelan Valley is a prime destination for a peaceful and beautiful getaway!
Snoqualmie Pass – If skiing or mountain living is more your style, or you’re looking for something a bit closer to home, this area offers year-round adventure! Learn more about skiing The Summit here.
Considering Out-of-State Options?
If you’re willing to look beyond Washington, some of our states offer fantastic vacation home opportunities:
- Sunriver, Oregon – A popular resort community with golf, biking, and outdoor activities, just outside of Bend. Learn more at Sunriver Resort.
- Coeur d'Alene, Idaho – A beautiful lakeside town with strong tourism appeal and a relatively affordable market. Check out the town here.
- Big Sky, Montana – Have you heard of it? A premier ski and outdoor recreation destination that continues to grow in popularity. More details at Visit Big Sky.
Is a Vacation Home Right for You?
Before making a purchase, here are a few factors to consider:
Affordability – Can you comfortably manage a second mortgage, property taxes, and maintenance? Here’s a quick mortgage calculator to run the numbers.
Rental Income Potential – If you plan to rent it out, check local regulations on short-term rentals and analyze demand in your chosen area.
Lifestyle Fit – Make sure you’re investing in a location you’ll truly enjoy visiting year after year.
Whether you're looking for a personal retreat or a rental investment, 2025 could be the right time to buy a second home. With a range of great destinations in Washington and beyond, the key is finding a property that fits your goals and financial situation.
You know we love Bonney Lake and our surrounding towns, but if you’re thinking about adding a vacation home to your life… let’s chat! Even if it’s not local, we can connect you with a trusted agent in the area you’re looking.
