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Vacation Home Sales Reach 2nd Highest Mark Since 2006 [INFOGRAPHIC]

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Some Highlights: 58% of vacation homes purchased were single family homes. 51% of vacation homes that were purchased were found online. The median price of a vacation home is up 28% from 2014.
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Vacation Home Sales: Sales Down, Prices Up

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Vacation Home Sales: Sales Down, Prices Up | Simplifying The MarketThe National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Today, we want to concentrate on the vacation real estate market.
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The Top Reasons Why Americans Buy Homes

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The Top Reasons Why Americans Buy Homes| Simplifying The MarketLast week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership.
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Over Half of Americans Planning on Buying in the Next 5 Years

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Over Half of Americans Planning on Buying in the Next 5 Years | Simplifying The MarketAccording to the BMO Harris Bank Home Buying Report, 52% of Americans say they are likely to buy a home in the next five years. Americans surveyed for the report said that they would be willing to pay an average of $296,000 for a home and would average a 21% down payment. The report also included other interesting revelations.
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