• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Live the Flagstaff Life

Live the Flagstaff Life

Flagstaff Lifestyle and Real Estate

  • Homepage
  • Blog
  • Flagstaff Events
  • Get Started
    • Buyers
    • Request a Buyer’s Guide
    • Request a Seller’s Guide
    • Instant Home Value
  • Vacation Rentals
  • About Me
    • An Interview With Katannya
    • Contact
    • Privacy Policy
    • Terms and Conditions

Why This Is a Great Year to Sell Your Vacation Home

April 15, 2021 by Katannya Hartwell Leave a Comment

Share
Email
Share
Pin
Tweet

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports:

“Second homes (i.e., homes sold to buyers who are not going to occupy the home year-round, but use it as a vacation home, investment property, etc.) account for 15 percent of new single-family home sales.”

It’s not surprising that there’s an increase in demand for vacation homes. The majority of Americans are realizing they prefer to be around small groups, as shown in a recent survey from The Harris Poll:

“Social distancing taught consumers new things about how they like to socialize; (75%) said, ‘during COVID social distancing I realized I preferred smaller social gatherings at home or at friends’ place.’”

Not only are vacation homes seen as a potentially more pandemic-friendly way to travel and socialize, but they can also serve as an extended home-away-from-home. With more Americans being given the option to continue working remotely or retire earlier than expected, vacation homes can be used year-round. The NAHB explains:

“Remote work arrangements have made it possible for some wealthier Americans to move to alternate locations that are not just small, suburban shifts from within their current metro area.  More fundamentally, second home demand may also be benefitting by an acceleration of retirement plans, as well as stock market gains.”

Bottom Line

The demand for vacation homes has increased and will continue to rise as we head into summer. If you own a house in a destination area and have thought about selling, now is a great time to take advantage of today’s high buyer interest. Let’s connect to discuss your opportunities in our local market.

Filed Under: Real Estate Tagged With: Flagstaff Az Realtor, Flagstaff Realtor, Real Estate in Flagstaff Arizona, Real Estate in Flagstaff Az

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Stay Up To Date

Sign up to receive free market updates from Live the Flagstaff Life

Search

Footer

Katannya Hartwell
REALTOR®

Connect with me on:

  • Facebook
  • Instagram
  • Twitter
  • YouTube
  • The Kingswood
  • Flagstaff Golf Communities

Copyright © 2023 · Agent Focused Pro by Winning Agent · Log in

Village Land Shoppe | Privacy Policy | Terms of Conditions