Vacation Home Sales on the Rise
Vacation Home Sales on the Rise on Long Beach Island
According to NAR (the National Association of Realtors), Vacation Home Sales are on the Rise. According to the 2014 NAR survey:
- Vacation homes saw an increase of 29.7% from about 553,000 vacation homes sold in 2012 to 717,000 in 2013
- Investment properties saw a decline in activity by about 8.5% to about 1.10 million units
- While these numbers are much higher, they are still below the level of activity seen in 2006 (generally considered to be the peak of the real estate market)
Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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