Vacation & Investment All-Cash Purchases

  • The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market according to the 2011 Investment and Vacation Home Buyers Survey.
  • All-cash purchases have become prevalent in the second-home market in recent years: 59 percent of investment buyers paid cash in 2010, as did 36 percent of vacation-home buyers.
  • Among investment buyers who did use a mortgage, 50 percent financed less than 70 percent of their purchase.
  • The 2011 Investment and Vacation Home Buyers Survey can be downloaded here:  http://www.realtor.org/prodser.nsf/Research

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