Lifestyle factors remain the primary motivation for vacation-home buyers, while rental income is the main factor in investment purchases. 2012 Vacation Home Sales Up, Prices Rise

NEWS RELEASES  NAR’s 2013 Investment and Vacation Home Buyers Survey,* covering transactions in 2012, shows vacation-home sales rose 10.1 percent Owner-occupied purchases jumped 17.4 percent.

Seventy-eight percent of all second-home buyers said it was a good time to buy, this suggests that second-home buyers tend to be a step ahead of general buyers in sensing a market recovery.”


80 percent Vacation Home Buyers listed want to use the property for vacations or as a family retreat, 23 percent plan to rent to others and 23 percent wanted to diversify their investments or saw a good investment opportunity.

*Vacation homes are recreational property purchased primarily for the buyer’s (or their family’s) personal use, while investment homes are residential property purchased primarily to rent to others, or to hold for other financial or investment purposes.

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