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Vacation Home Sales Surges During Pandemic
In 2020, vacation home sales rose by 16.4%, outpacing the 5.6% growth in total existing-home sales.
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Q&A Corner with Lawrence Yun: Vacation Homes, Inflation, and Cash Sales
NAR Chief Economist Lawrence Yun shares his thoughts on what’s happening in vacation home sales, with rising inflation, and the high number of recent all-cash home sales in the latest data.
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Your Critical Role in Today’s Market
Your Critical Role in Today’s Market New reality series asks couples to choose between a wedding or a down payment on a house—and demonstrates the difference a real estate agent can make. Working With Buyers, Working With Sellers
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COVID-19 Changes Assumptions in Calculating Value
Professionals who work in commercial real estate—including investors, brokers, lenders, appraisers, and lawyers—need to understand the current value of assets.
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Ask an Appraiser
Peter Gallo, Chair of the NAR’s Real Property Valuation Forum presents a live form featuring a panel of residential, commercial, and review appraisers.
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Mortgage Rules Toughen Up for Condos in Vacation Hot Spots
The new rules could make it tougher for some buyers to get a mortgage on condos in resort areas.
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Vacation Home Sales are Getting a Pandemic Boost
Vacation home sales are outperforming total existing-home sales. Sales of homes intended for vacation use rose to 109,100 in the past three months of July-September, a 44% gain from the level of 75,600 sales during the same period last year
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Resort and Second Home Real Estate Market Trends
These slides were presented by Gay Cororaton at the virtual Resort and Second Home Committee meeting on November 6, 2020, during the 2020 REALTORS® Conference & Expo.