Do You Fit The Picture…of a Second Home Buyer ?

According to the National Association of Realtors, the second home buyer falls into two categories – purchasers of investment properties and purchasers of vacation homes.

Second Home Buyer Characteristics

Vacation Home Buyer

Investment Property Buyer

 

Both types of buyers consider their purchases as a good investment and almost half of both categories used their savings for a down-payment.

Good news for Real Estate Agents…More than 90 percent of second-home buyers felt it was important to use a real estate professional,  and most would use the same agent again.

Real Estate information brought to you by Mary St. George

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