Fortune favors the bold, and in July 2022 search patterns saw a major shift in what destinations homeseekers were considering, but despite that, the top five destinations remained the same: Mexico, Canada, Costa Rica, Puerto Rico, and Belize. Point2, the ...
Read More »Second-Home Sales Up 200% During Pandemic
While the pandemic caused many people to reassess their living situations as the virus began ravaging the country during the first quarter of 2020, many made hard decisions, some went the complete opposite way by doubling down and purchasing a ...
Read More »Demand for Vacation Homes Returns to Pre-Pandemic Norms
Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation homes has fallen to “normal” levels, or at least to ...
Read More »Vacation Home Sales Rise in 2013; Investment Purchases Fall
Vacation home sales rose in 2013, while investment purchases fell below the higher levels seen in previous years, according to the National Association of Realtors (NAR). NAR’s 2014 Investment and Vacation Home Buyers Survey found vacation-home sales jumped 29.7 percent to an estimated 717,000, while investment-home sales fell 8.5 percent to an estimated 1.1 million in 2013.
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