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Vacation Home - Second Home
According to NAR, vacation-home sales rose 7.9 percent to 553,000 last year from 513,000 in 2008. Their research study shows that the typical vacation-home buyer is making a lifestyle choice, with nine out of 10 saying they intend to use the property for vacations or as a family retreat
Half of vacation homes purchased last year were in the South, 21 percent in the West, 17 percent in the Midwest and 12 percent in the Northeast. Seven out of 10 were detached single-family homes.
CLICK HERE to learn more about who, where and why of vacation home buying
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Vacation Home Sales Increase is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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