Vacation Home Sales Took a Vacation in 2016
Last year was a tale of two stories for second home purchases in the U.S. Despite home sales overall coming in at their strongest pace in a decade, sales to vacation buyers plummeted 21.6 percent to their lowest level (721,000) since 2013 (717,000). Meanwhile, the sizable demand for renting helped boost sales to individual investors… Continue Reading Vacation Home Sales Took a Vacation in 2016