2022 Power Broker Report    RISMedia   

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Profile: Vacation Homebuyers

By Meredith Dunn, Research Communications Manager, National Association of REALTORS®

The 2017 Investment and Vacation Home Buyer’s Survey from the National Association of REALTORS® (NAR) illustrates that while 2016 was a strong year for primary home purchases, the share of vacation homebuyers slid for a third year to 12 percent. Tight inventories and growing home prices made finding a vacation home less affordable. â€‹However, among those who did purchase a vacation home, 81 percent thought that 2016 was a good time to buy.

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