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In the early days of the pandemic, vacation home sales skyrocketed by 16.4%, far outpacing the growth in total existing-home sales of 5.6% in 2020.
A fresh analysis from second-home co-ownership marketplace Pacaso revealed which U.S. counties were the hottest markets for luxury vacation homes in 2024, based on increases in second-home ...
1. Gatlinburg, Tennessee Median home price: $320,111 Annual gross rental revenue: $47,328 Vacation rental market cap rate: 8.6% With a median sale price of around $320,000 and a cap rate of 8.6% ...
Vacation homes aren't as popular as they used to be. Overall, demand sharply declined as housing costs increased, but some cities have fared better than others. Specifically, demand for vacation ...
In July 2018, Vacasa launched Vacasa Real Estate to support buyers and sellers of vacation rentals through a national expert agent network. [11] [44] As Vacasa's real estate arm continued to expand, the company launched brokerages in Arizona, Florida, Hawaii, Oregon and South Carolina, with future plans to expand throughout the country. [45]
A holiday cottage, holiday home, vacation home, or vacation property is accommodation used for holiday vacations, corporate travel, and temporary housing often for less than 30 days. Such properties are typically small homes, such as cottages , that travelers can rent and enjoy as if it were their own home for the duration of their stay.