Vacation homes continue to play a unique role in New York State’s housing landscape, currently representing 3.5% of all housing. Nationally, the number of U.S. vacation homes has shifted from 5.47 million in 2018 to 4.74 million in 2024—now accounting for 3.3% of total housing. Interestingly, timeshares are seeing higher occupancy rates than hotels, with 79.9% occupancy. While Florida leads in the sheer number of vacation homes, it’s Maine and Vermont that hold the highest concentration. Having spent decades helping sellers, asset managers, and banks navigate these changing markets, I’ve seen how the dynamics of vacation property ownership evolve over time. Communication and client satisfaction remain at the core of every transaction, especially when guiding clients through specialized markets like this.
Leave a Reply