Top 7 Places to Buy a Vacation Home This Year | Realtor Magazine
Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge.
More people are on the hunt for a vacation home. Second-home purchases increased 46% nationwide compared to a year ago, according to an analysis from realtor.com®. And some unexpected places are becoming hot spots for these second homes.
“The pandemic has underscored for many people the idea that it’s nice to have a place to escape to,” says Danielle Hale, realtor.com®’s chief economist. “If you can afford it, a second home gives you an alternate place to retreat.”
To identify the places seeing the largest increase in second-home purchases so far this year, realtor.com® researchers scoured loan originations. Realtor.com®’s list includes one metro per state to ensure geographic diversity. Here are the hottest places for a vacation home this year: