Trend: One-Third of all US Home Purchases are Second Homes

According to Nolo.com’s “The Law in Plain English” Podcast 1 out of every 3 homes purchased in the US today is a second home.

“America is in a second home buying boom due in part to factors of the shrinking American family, older and wealthier households, and new technologies for working from home.”

This trend will only become more important as the current generation of retirees swells, and people become more comfortable investing in real estate.

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