Posts Tagged ‘vacation rentals’
Covid Driven Vacation Homes Boom in America Now Ending in 2022
Demand for vacation homes was still up 13% from pre-pandemic levels, but it’s declining after a pandemic-fueled second-home boom last year. Still, Redfin expects demand for second homes to remain above pre-pandemic levels in the future, as remote work is here to stay for many Americans. The slowdown in demand for vacation homes joins other…
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Demand for Vacation Homes Up 77 Percent From Pre-Pandemic Levels
According to national property broker Redfin, demand for U.S. vacation homes was up 77% from pre-pandemic levels in December 2021. This is slightly below the 80% increase in November and the record 92% gain in January, but up significantly from the 2021 low hit in August. Interest in second homes started to surge in mid-2020…
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Summer Vacation Rentals Are Already Skyrocketing
As vaccination rates rise, many states are loosening restrictions on travelers, prompting some Americans to look for homes to book for this summer. Short-term vacation rentals are seeing a surge in demand and their owners are prepared for a lively summer. “This is probably contradictory to what a lot of people may think, but it’s…
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