Monday, May 15, 2006

2006 NAR Profile of Second, Vacation & Investment Home Buyer

Second-Home Owner Survey
Shows Solid Market, Appetite for More

A new survey of second-home owners by the National Association of Realtors shows boomers continue to dominate the market, and a growing number of second homes - more than one in ten are owned by minorities. a surprising majority of respondents own properties in addition to their primary residence...

35 percent of all investment-home owners said they were planning to buy another home within two years. For those who currently own four or more investment units, 64 percent said they planned to buy another property within two years, and 17 percent said they planned to purchase five or more additional properties...

2006 Second, Vacation, & Investment Home Buyer profile PreConstruction Investment Properties Vacation Properties