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Vacation Homes [Infographic]

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Here is an infographic sharing information on how beneficial vacation and summer homes can be. If you plan on buying a vacation home soon, take a look here.

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Vacation Homes [Infographic]

  1. 1. 3! 5 maeaaaefiueaaataartssoeezgaizvefié Real estate agents need to be prepared for an influx of customers buying a vacation home. A 2014 VACATION HOME .15 ’:4}*, , SUMMER HOME SALES SALES WERE up 57.4% A, 4* ACCOUNTED FOR ‘I .3 M N N TRANSACTIONS LAST YEAR VACATION HOMES E52 - WERE PURCHASED IN 2014 Why are second homes such a big market right now? BABY BOOMER GENERATION AFFLUENT HOUSEHOI-D5 IS BUYING A 2nd HOME TO BECOME % SE§§: l'B‘fi'C§’MEERl_"§V‘[-‘E3 SAD PRWARY RESDENCE - A CONFIDENCE BOOST UPON RE-HREMENT FROM THE STOCK MARKET Of those who purchased a vacation home in the last year, here's what they bought (and why). .. 40°/ o BOUGHT A HOME 33% BOUGHT FOR F PERSONAL & FAMILY ON A LAKE FRONT I 54.0/O B A 19°/ o PLAN TO MAKE THE SINGLE FAMILY HOME SMMMER EWME 270/ A THEIR PRIMARY RESIDENCE CONDO SR TOWNHOUSE INTHE FUTURE 46% PURCHASED IN THE SOUTH 25°/ o IN THE WEST 15% IN THE NORTHEAST 14% IN THE MIDWEST . ..~ . Source: National Association of Realtors Links: blOg. HOuseHuntNetwOrk. com @636)

Here is an infographic sharing information on how beneficial vacation and summer homes can be. If you plan on buying a vacation home soon, take a look here.

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