Investors capitalizing on supply and demand of markets is taking a toll on Vacationers ability to bu
If you think buying a vacation home this year is going to be easy - think again. National Association of Realtors just released this year's stats stating vacation sales are at their lowest point since 2013! Vacation home sales are down a whopping 22% year-over-year, making this the second consecutive year the numbers are down.
With the popular vacationing states seeing strong growth in their job markets - it is leaving less inventory for the snowbirds. To make matters even more competitive, anything the in state home owners aren't buying - the investors definitely are! These picturesque winter states are seeing low inventory with high demand leaving very little leftover for vacationers and even less left over that they can actually afford.