Thursday, September 20, 2012

Just how big is the second home market?


Recent statistics from the Census Bureau reveal that nationally, about 3.5% of the housing inventory falls into the seasonal, recreational, or occasional use category.

The states that lead the list with the highest number of properties in these categories may surprise you.


Based on the 2010 Census (not released until almost the end of 2011) these are the most current stats available. Given slow new construction rates these numbers are still realistic.

Find more on housing data and statistics from the Census Bureau.

Article courtesy of Luxury Insights.