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As vacation home sales stall, owners turn to renting

Posted on 16 May 2011

More Americans are renting out their vacation homes, either because they can’t sell them or are unwilling to sell for a loss.That allows them to pick up extra income while waiting for the vacation home market to revive.
The result: The vacation rental market is flooded with new listings, keeping rental rates largely unchanged and creating a wide choice for Americans seeking a summer rental……………………………………….Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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