Vacation Home Sales Rise in 2012

From KCM (Keeping Current Matters) a report just released  from The National Association of Realtors analysis of U.S. Census Bureau data shows there are 7.9 million vacation homes in the U.S. Their 2013 Investment and Vacation Home Buyers Survey shows vacation home sales improved in 2012. See entire article.

Excerpts from the article:

Vacation-Home sales rose 10.1 percent to 553,000 from 502,000 in 2011

29% said they were likely to purchase another vacation home within two years

25% of the vacation home purchases were in the West

46% of vacation-home buyers paid cash in 2012

 

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