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Vacation Homes Enjoyed Outsized Price Growth During the Pandemic

According to national property broker Redfin, as remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country.

Covid Driven Vacation Home Boom in America Now Ending in 2022

According to national property broker Redfin, demand for vacation homes in the U.S. has dropped sharply for the second month in a row in March 2022, with mortgage-rate locks for second homes at their lowest level since May 2020.

Demand for Vacation Homes in U.S. Spikes 84 Percent in Early 2021

While that's down from a peak 118% year-over-year increase in September 2020, it's up significantly from a year ago and marks the eighth straight month of 80%-plus year-over-year growth.

Aided by Strong Inbound Migration, Florida Home Sales Explode

Florida Realtors are reporting that the sunshine state's housing market continued to be a bright spot for the state's economy in October 2020, even as the coronavirus pandemic showed no signs of easing.

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