Vacation Home Sales Surge in 2013

Vacation home sales surge in 2013. In a recent survey from the National Association of Realtors-NAR’s 2014 Investment and Vacation Home Buyers Survey that covers existing and new home transactions it shows that vacation-home sales jumped 29.7 percent to an estimated 717,000 last year from 553,000 in 2012.

The article further quotes NAR Chief Economist Lawrence Yun had expected an improvement in the vacation home market and explains some of the factors. Read more

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