- The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market according to the 2011 Investment and Vacation Home Buyers Survey.
- 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.
- Among investment buyers who did use a mortgage, 50 percent financed less than 70 percent of their purchase.
- The 2011 Investment and Vacation Home Buyers Survey can be downloaded here: http://www.realtor.org/prodser.nsf/Research
Advertisement