Vacation Home Sales Increase

An increasing number of Americans are feeling financially secure, according to new data. Last year, vacation home sales jumped 13%, the highest level seen since 2006. Overall, annual home sales increased approximately 30%, averaging 717,000. Median home prices increased to $168,700 from 2012. Additionally, the stock market has gained strength, according to Lawrence Yun, chief economist at the National Associaton of Realtors; the S&P 500 had a 30% return last year. More here

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