Tag Archives: For Buyers

Investment Home Sales Rebound in 2015 [INFOGRAPHIC]

Investment Home Sales Rebound in 2015 [INFOGRAPHIC]

 Friday April 29th, 2016  For BuyersInfographics

Investment Home Sales Rebound in 2015 | Simplifying The Market

Some Highlights:

  • 2015 marks the first year-over-year increase in investment home sales since 2011.
  • 62% of all investment homes purchased were single family homes.
  • The South saw the highest percentage of investment home sales (39%) with the West coming in second (28%).

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Vacation Home Sales: Sales Down, Prices Up

Vacation Home Sales: Sales Down, Prices Up | Simplifying The Market

Vacation Home Sales: Sales Down, Prices Up

 Thursday April 14th, 2016  For BuyersHousing Market UpdatesPricing

The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market.

The survey found that vacation-home sales last year declined to an estimated 920,000, down 18.5% from their most recent peak level of 1.13 million in 2014. However, this is still the second highest number of vacation sales since 2006.

Vacation Sales: Sales Down, Prices Up | Simplifying The Market

Lawrence Yun, NAR’s chief economist explained:

"The expanding pool of buyers amidst a dwindling number of bargain-priced properties led to tighter supply and fewer sales and caused the price of vacation homes to rise. Furthermore, the turbulence that hit the financial markets the second half of the year likely seized some would-be buyers' available cash."

As Yun mentioned, the sales price of vacation homes rose in 2015:

Vacation Sales: Sales Down, Prices Up | Simplifying The Market

Tomorrow, we will be providing an infographic that will highlight the other findings about vacation home sales from the survey, and in two weeks, we will report on the investor side of NAR’s survey.

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