MIAMI REALTORS®
Did You Know?

Second home demand surged

Thanks in part to new remote work policies, many office workers had the ability to work from new locations, including beach houses and ski chalets, the report notes. The result was a surge in interest in second homes and vacation properties.

“Homebuyer demand for second homes was up 91% from pre-pandemic levels in January, marking record growth,” the report revealed.

Source: Redfin analysis of Optimal Blue data
Note: Data is seasonally adjusted: 100=pre-pandemic (Jan-Feb 2020)

Credit: Redfin

Full Report: https://bit.ly/2021BrokeRecords

Related posts

MIAMI Realtors Hosting 73rd FIABCI World Real Estate Congress in June; Former Florida Governor Jeb Bush will be Keynote Speaker

Chris Umpierre

Diversified, Resilient Miami Existing Condo Market Continues Posting Record Sales

Chris Umpierre

Martin County Mid-Market Condo Sales Rise in June 2022

Chris Umpierre

You are now leaving Miami Realtors

The link you have selected is located on another server. The linked site contains Information that has been created, published, maintained or otherwise posted by institutions or organizations independent of this organization. We do not endorse, approve, certify, or control any linked websites, their sponsors, or any of their policies, activities, products or services. We do not assume responsibility for the accuracy, completeness, or timeliness of the information contained therein.

You will be redirected to

Click the link above to continue or CANCEL