Vacation home sales boomed in 2014 to above their most recent peak level in 2006, while investment purchases fell for the fourth straight year.
Not exact matches
Alex Perriello, president and CEO of Coldwell Banker, says, «Many other demographic groups are interested in purchasing or selling a
vacation home, but baby
boomers have the strongest buying potential, and their high incomes are driving
home sales and real estate prices.»
«Baby
boomers at or near retirement continue to propel the demand for second
homes, although headwinds softened the overall volume of
vacation sales last year,» he said.
«Baby
boomers at or near retirement continue to propel the demand for second
homes, although headwinds softened the overall volume of
vacation sales last year,» he says.
At last there are rebounds in the real estate market...
Vacation Home sales have been reported at soaring levels that have not been seen since the days of the housing
boom, according to The Wall Street Journal.