Sentences with phrase «of vacation home buyers»

ERA Real Solution Realty's most recent acquisition of a market leader in Hillsboro, Ohio, strategically located in between the two anchor markets, created opportunities to expand the firm's client pool of vacation home buyers and relocation clients in a market poised for tremendous economic growth potential.
In 2011 almost half (49 %) of all investment buyers paid cash while 42 percent of vacation home buyers did the same.

Not exact matches

«With fewer bargain - priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year,» he said.
With the baby - boom buyer now moving out of the skiing demographic and an estimated backlog of 25,000 unsold vacation homes across the U.S., the situation is more than just cyclical.
If you've grown weary of spending your summer in hotels and vacation rentals, consider joining the nearly one million buyers who purchased second homes last year.
According to NAR's annual vacation home buyer survey, a home equity line of credit (HELOC) on a primary residence is a favorite funding source for second home buyers.
Most home buyers who buy a vacation home will have to pay a second mortgage and meet higher credit standards since they are more likely to take on larger amounts of debt.
As the median price of a home at the time was over $ 400k, vacation home buyers didn't seem to notice my marketing online.
According to NAR's annual vacation home buyer survey, a home equity line of credit (HELOC) on a primary residence is a favorite funding source for second home buyers.
If you've grown weary of spending your summer in hotels and vacation rentals, consider joining the nearly one million buyers who purchased second homes last year.
Purchase of U.S. vacation homes are up from last year (National Association of Realtors Home Buyers Survey 2015)
Something about this time of year when the hot summer months of vacations and kids home from school are behind us brings out the home buyers and sellers.
Tierce said that buyers can't own two second homes in the same area, even if most of the residences in a community are considered vacation homes.
We work with a wide range of buyers, including those who want to purchase a full - time condo or town home (from $ 350,000), invest in a share of a vacation home (from $ 150,000), or design a dream home on one of our oceanfront lots with a prime marina slip (at just $ 199,000).
Fractional ownership is a good option for vacation home buyers who want to own luxury real estate for a fraction of the cost.
In the case of a vacation home, there are several benefits to fractional ownership that make it very different from a timeshare and very attractive to buyers.
A minority of buyers are hoping to move into a minihouse full - time, motivated by a desire to simplify their lifestyles or by social and environmental concerns about the amount of living space people need... Living in a tiny home, as opposed to doing yoga in it or using it for vacations, often appeals to people who want simpler lives that leave less of an ecological «footprint.»
The number of vacation - home buyers is growing, too.
Investment home sales dominated the second home market in 2016, off the charts by 4.5 percent to total 1.14 million, according to the National Association of REALTORS ® (NAR) recently released 2017 Investment and Vacation Home Buyers Survey — but vacation home purchases plunged, down 21.6 percent to a total 721,home sales dominated the second home market in 2016, off the charts by 4.5 percent to total 1.14 million, according to the National Association of REALTORS ® (NAR) recently released 2017 Investment and Vacation Home Buyers Survey — but vacation home purchases plunged, down 21.6 percent to a total 721,home market in 2016, off the charts by 4.5 percent to total 1.14 million, according to the National Association of REALTORS ® (NAR) recently released 2017 Investment and Vacation Home Buyers Survey — but vacation home purchases plunged, down 21.6 percent to a total Vacation Home Buyers Survey — but vacation home purchases plunged, down 21.6 percent to a total 721,Home Buyers Survey — but vacation home purchases plunged, down 21.6 percent to a total vacation home purchases plunged, down 21.6 percent to a total 721,home purchases plunged, down 21.6 percent to a total 721,000.
Three - quarters of purchases were for vacation or investment; almost 20 percent of homes were purchased to accommodate buyers» part - time work in the United States.
«With fewer bargain - priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year.»
Fractional ownership differs from other forms of part - time vacation home ownership such as time sharing because it provides a fully deeded real estate holding to a specific unit registered in the buyer's name.
Thirty - four percent of vacation - home buyers said they plan to use the property as a primary residence in the future, as did 10 percent of investment buyers.
We will gladly show other agent's buyer's our property (if their agent is sick, on vacation or out of town) but we get compensated for our effort if they buy our home.
The typical vacation - home buyer was 50 years old, had a median household income of $ 88,600 and purchased a property that was a median distance of 305 miles from the primary residence; 35 percent of vacation homes were within 100 miles and 37 percent were more than 500 miles.
All - cash purchases have become prevalent in the second - home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation - home buyers.
NAR's 2011 Investment and Vacation Home Buyers Survey, covering existing - and new - home transactions in 2010, shows vacation - home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged frVacation Home Buyers Survey, covering existing - and new - home transactions in 2010, shows vacation - home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2Home Buyers Survey, covering existing - and new - home transactions in 2010, shows vacation - home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2home transactions in 2010, shows vacation - home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged frvacation - home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2home sales accounted for 10 percent of transactions last year while the portion of investment sales was 17 percent, both unchanged from 2009.
Vacation - home buyers plan to keep their property for a median of 13 years while investment buyers plan to hold their property for a median of 10 years.
While the median income of vacation - home buyers in 2010 is slightly above 2007 when it was $ 99,100, the median income of an investment - home buyer is 5.7 percent below $ 92,900 in 2007.
Foreign home buyers have their eye on U.S. vacation areas — especially in southern Florida — and are helping to give a lift to some of these battered housing markets.
Practitioners who specialize in second homes, resort, and vacation properties are now faced with a more savvy buyer because of Airbnb, says Holly Mabery, RSPS, SRS, an agent with Realty One Group Mountain Desert in Sedona, Ariz. «Traditionally, short - term rentals were held behind the magic curtain, and you had to work with an agent who specialized in them to get a feel for values and return on investment,» she says.
All - cash purchases have become fairly common in the investment - and vacation - home market during recent years: 49 percent of investment buyers paid cash in 2011, as did 42 percent of vacation - home buyers.
According to the 2016 edition of NAR's Investment and Vacation Home Buyers Survey, second - home purchases in 2015 were financed according to the breakdown in the graph beHome Buyers Survey, second - home purchases in 2015 were financed according to the breakdown in the graph behome purchases in 2015 were financed according to the breakdown in the graph below.
For example, if your desired clientele is high - net - worth buyers seeking a second home along the coast, potential terms include: luxury, resort, vacation, waterfront, etc. as well as the names of local communities.
Sales of vacation homes dropped 30.8 percent last year, while investment - home sales fell 17.2 percent, according to the 2009 NATIONAL ASSOCIATION OF REALTORS ®» Investment and Vacation Home Buyers Surveof vacation homes dropped 30.8 percent last year, while investment - home sales fell 17.2 percent, according to the 2009 NATIONAL ASSOCIATION OF REALTORS ®» Investment and Vacation Home Buyersvacation homes dropped 30.8 percent last year, while investment - home sales fell 17.2 percent, according to the 2009 NATIONAL ASSOCIATION OF REALTORS ®» Investment and Vacation Home Buyers Surhome sales fell 17.2 percent, according to the 2009 NATIONAL ASSOCIATION OF REALTORS ®» Investment and Vacation Home Buyers SurveOF REALTORS ®» Investment and Vacation Home BuyersVacation Home Buyers SurHome Buyers Survey.
This infographic contains a fact from the 2015 Investment and Vacation Home Buying Survey about buyers of vacation beachVacation Home Buying Survey about buyers of vacation beachvacation beach houses.
All - cash purchases remained fairly common in the investment - and vacation - home market: 46 percent of investment buyers paid cash in 2013, as did 38 percent of vacation - home buyers.
Five percent of vacation - home buyers had already resold their property, while another 9 percent plan to sell within a year.
More than eight out of 10 second - home buyers, both for vacation and investment homes, said it was a good time to buy.
One - third of vacation buyers plan to use their property for vacations or as a family retreat, 19 percent plan to convert their vacation home into their primary residence in the future, and 13 percent bought for potential price appreciation; the same share purchased because of low real estate prices and because the buyer found a good deal.
Foreign buyers purchase U.S. residential existing - home properties for a variety of reasons — for example, vacation, investment, asset diversification, and residential use.
Forty - percent of vacation buyers purchased in a beach area, 19 percent purchased in the country and 17 percent purchased a vacation home in the mountains.
With more vacation buyers purchasing single - family homes (58 percent) compared with a year ago (54 percent), the share of those buying condos (25 percent) or townhouses or rowhouses (13 percent) decreased.
Forty - percent of vacation buyers purchased in a beach area, 19 percent purchased in the mountains or at a lakefront and 16 percent purchased a vacation home in the country.
«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.
A Maine federal court has considered whether a seller of a vacation home can successfully allege fraud against a broker when the only remedy sought by the seller was rescission of the purchase agreement between a buyer and seller.
Home sales were calculated based on a proportion of buyers who bought each respective home type — vacation, investment, and primary resideHome sales were calculated based on a proportion of buyers who bought each respective home type — vacation, investment, and primary residehome type — vacation, investment, and primary residence.
NAR's 2015 Investment and Vacation Home Buyers Survey, conducted in March 2015, surveyed a sample of adults that had purchased any type of residential real estate during 2014.
Vacation - home buyers in 2015 had a higher median household income ($ 103,700) than those in 2014 ($ 94,380) and purchased properties that were a median distance of 200 miles away from their primary residences (unchanged from a year ago).
Perhaps encouraged by rising housing demand and home prices, over 80 percent of both vacation buyers and investment buyers believe that now is a good time to purchase real estate.
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