Economists' Outlook

Housing stats and analysis from NAR's research experts.

Happy Memorial Day Weekend: Info from 2013 Member and Investment/Vacation Reports

  • Welcome to the unofficial start of summer! Our REALTOR® members work long hours and are in need of a break! Sixty percent of members work 40 or more hours a week and 17 percent work 60 or more hours a week. Among appraisers in the industry, 38 percent work more than 60 hours a week.
  • Among REALTOR® members, 13 percent own a vacation home.
  • Among recent buyers in the market, 11 percent of home buyers bought a vacation home in the last year.
  • Perhaps this weekend both recent buyers and our members will get a well needed break.
  • And of course a special thank you on this Memorial Day weekend to all of the members who served in the military. Two percent of the association membership were members of the military before becoming REALTORS®.
  • For more information, check out the 2013 Member Profile and the 2013 Investment and Vacation Home Buyers Survey.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

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