Matthew Gardner, chief economist for Windermere Real Estate, writes in INMAN about the role of Millennials and boomerang buyers and the decline in homeownership since the first term of President George W Bush. Many wring their hands over the decline from over 69% home ownership to today’s low that equals the lows of the 1980s. [...]

The National Association of Realtors (NAR) recently released a new study that looks at the markets for vacation and investment homes. Last year 40 percent of all homes bought in America were vacation homes and investment properties. That’s more than 3,000,000 homes per year!” Vacation homes are finding buyers. According to NAR, sales of vacation [...]