Vacation Home Sales Spike Thirty Percent in 2013

• Eighty nine percent of vacation home buyers plan to rent within twelve months
• The average age for vacation home buyers is only 43 years old
• Seventy eight percent of vacation home buyers cited rental as influential to their purchase decision
   

AUSTIN, TEXAS, April 2, 2014 – Vacation home sales grew exponentially in 2013, with a 30 percent growth in sales from 2012 and a 47 percent growth since 2011.  Among those vacation homes sold, 89 percent of them will be entering the rental market within a year, according to the 2014 Investment and Vacation Home Buyers Survey by the National Association of Realtors® (NAR).

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