Lee County tops NAR’s list of U.S. counties for the best enhance in getaway property revenue, with Collier County also earning the top 10 checklist. In 2020, vacation residence product sales were being 5.5% of full current-house income in 2019, they ended up 5%. Holiday home median prices have been up 14.2%.
WASHINGTON – Vacation residences revenue soared during the COVID-19 pandemic, in accordance to a new examine from the Countrywide Affiliation of Realtors® (NAR) in its 2021 Holiday Home Counties Report. Over-all, buyers flooded the actual estate current market in the second 50 % of 2020 and via April 2021 as the pandemic raged, causing getaway household buys to rise.
Florida continues to be a best place for family vacation residence product sales – two metros produced NAR’s top rated 10 checklist, with Cape Coral at No. 1 – but Us residents also showed a preference for other 2nd-house