Despite overall home sales maintaining their strongest pace in a decade, 2016 vacation home sales reported in at their lowest level since 2013, dropping 21.6 percent from 2015. The National Association of REALTORS® Chief Economist Lawrence Yun attributes this decline to challenges with affordability and supply. The two of the most popular destinations for vacation homes – the South and the West – have seen soaring home prices in several markets in recent years, meaning purchasing a second home has become difficult and unaffordable for many buyers. However, buyers purchasing… Read More

Facebook Comments

Welcome to Malibu Homes

Do you want to learn how to build your own home? Download our FREE guide now by entering your information below and get your free copy of our custom home builders guide.

Thank you. Please check your email for the download link.