Vacation Home Sales Strong

From the National Association of Realtors “Speaking of Real Estate Blog”

Vacation-Home Sales Surprisingly Strong

“In today’s market, you might think the vacation-home market would be really soft. But as it turns out, sales actually grew at a faster rate than those of primary residences between 2008 and 2009 (7.9 percent to 7.1 percent, respectively). That’s according to NAR’s Investment and Vacation Home Buyers Survey, released at the end of April. It shows that the typical vacation-home buyer is making a lifestyle choice, with nine out of 10 saying they intend to use the property for vacations or as a family retreat.”

Posted April 23 by Brian Summerfield, online editor

Here’s the original comment on Realtor Mag at www.realtor.org.

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