Found 4 blog entries tagged as Vacation Homes.

What To Do with Your Vacation Home as Summer Ends | MyKCM



As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021.

If you’ve taken your last vacation this summer, here are reasons you should consider selling your vacation home this year.

1. Remote work continues to drive demand for vacation homes.

As the report from NAR says, based on continuously evolving work needs, there could be more interest in your second home than you think:

“In 2020, across all nine divisions, the fraction of the workforce that work from home is typically higher in…

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Demand for Vacation Homes Is Still Strong | MyKCM



The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more vacation destinations.

The 2021 Vacation Home Counties Report from the National Association of Realtors (NAR) shows that this increase in vacation home sales continues in 2021. The report examines sales in counties where “vacant seasonal, occasional, or recreational use housing account for at least 20% of the housing stock” and compares that data to the overall residential market.

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If the real estate market in 2020 were to be characterized by a sound, it wouldn’t exactly be the sound of crickets chirping, but it also wouldn’t be a boisterous parade. Despite the lull of pandemic shutdowns, the real estate market was something of a comeback kid last year and had a strong finish. As we move into 2021, these are some of the key trends expected to shape real estate.


Working from vacation homes

An interesting housing trend we expect to carry through this year – and possibly even build as the year progresses – is the increase in second-home purchases. With many companies making positions permanently remote, workers across the country are realizing freedom in where they conduct business. 2020 ushered in a new wave of people…

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Is it Time to Sell Your Vacation Home? | MyKCM

The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. Homeowners who rent their secondary properties on their own or through programs like Airbnb, which has over 660,000 listings in the U.S. alone, have been impacted in this challenging time. Some of these homeowners are considering selling their vacation homes, and understandably so.

A recent CNN article indicated:

“With global travel screeching to a halt during the pandemic, a number of Airbnb hosts are planning to sell their properties…These desperate moves come as hosts face the possibility of losing…

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