Investment/Vacation Home Sales UP!

Sunday, November 04, 2012

Great news; it turns out that Investment and vacation home sales are up! This is great news for those of you selling homes in Steamboat; many of your potential buyers fit right into that category and are folks hoping to have a second home or take ownership of a rental home.

This article, although written in Washington, does a great job analyzing the housing market nation wide and shows that investment homes soared 64.5% from 2010 sales, and vacation homes rose 7%. It is very well written and deserves to be read rather than paraphrased here as it describes in detail why these changes happened, and what we can look forward to in the future.

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