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Industry News for Vacation Rental Managers

New Vacation Rental Stats from the National Association of Realtors

New Vacation Rental Stats from the National Association of Realtors
mm
Alexa Nota
July 2, 2018

Recent National Association of Realtors® research shows noteworthy trends for the vacation rental industry.

Thirty percent of vacation property owners and 32 percent of investment property owners plan to rent their homes as short-term rentals in 2018, according to two of its recent infographics. These numbers are up from 25 percent and 24 percent in 2017, respectively. Furthermore, an additional 10 percent of vacation owners and 7 percent of investment owners will try renting their homes as short-term rentals this year.

Additional statistics include 45 percent of investment buyers and 6 percent of vacation buyers bought their properties to generate income through renting. More than 7 in 10 owners in both groups believe now is a good time to buy.

See the complete infographics below.

 

National Association of Realtors Infographic: Investment and Vacation Home Buyers 2018

National Association of Realtors Infographic: Short Term Rentals 2018

About this data from National Association of Realtors®: In March 2018, a sample of households that had purchased any type of residential real estate during 2017 was surveyed. The survey sample was drawn from an online panel of U.S. adults monitored and maintained by an established survey research firm. A representative sample of 2,080 qualified adults responded to the survey. The share of primary residence buyers was 78 percent, vacation buyers 7 percent, and investment buyers 15 percent.

Related ItemsdataFeaturedinfographicsinvestment home buyersnational association of realtorsreal estateshort-term rentalsvacation home buyersvacation homesVacation rentals
View Comments (2)

2 Comments

  1. David Jones says:
    July 12, 2018 at 12:37 pm

    Thanks Alexa .. For information

    Reply
  2. Shevy Akason says:
    July 10, 2018 at 4:08 pm

    “15% purchased a vacation home in the country” so 85% purchased outside of the country? Meaning in a rural area or in the US? I assume this means in a rural area.

    Reply

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Industry News for Vacation Rental Managers
July 2, 2018
mm
Alexa Nota

Alexa Nota is the co-founder and COO of Rent Responsibly. A journalist and marketer by trade, Alexa has served in many roles in the industry, including marketing director for a property management companies on North Carolina’s Outer Banks and Telluride, CO. She also served as vice president of VRM Intel where she reported on STR regulations around the country. Here she realized the need and passion for engaged local alliances and associations in order to create fair regulations and a secure home for vacation rentals in every destination's tourism economy. Together with David Krauss in 2019, she co-founded Rent Responsibly, a community-building and education platform for local vacation rental alliances. Learn more at RentResponsibly.org.

Related ItemsdataFeaturedinfographicsinvestment home buyersnational association of realtorsreal estateshort-term rentalsvacation home buyersvacation homesVacation rentals

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