BOSTON – Does this month’s Arctic-like cold have you dreaming about summer vacations? You’re not alone. But you may be late when it comes to finding a rental home for this summer on the Cape or Islands, according to a report in The Boston Globe last week.
Real estate agents report a surge in bookings for summer vacation homes on Cape Cod, Martha’s Vineyard and Nantucket, with the number of signed weekly home leases running nearly 10 percent higher than for 2015, which was the best year since 2012.
Some property owners – though not all – are jacking up rates by nearly 15 percent over last year’s prices as the economy continues to improve, gasoline prices fall, and people have more money for recreation.
“The rental activity has been extremely strong,” said Tina LeBeau, a rental agent for Kinlin Grover Real Estate in Harwich Port. “I’m even getting requests for summer rentals in 2017.” •
