Second home buyer trends: Key takeaways
- Location is the most important factor in the purchasing decision for second home owners (67%) and aspiring homeowners (70%) when buying a second home
- Two-thirds of people (64%) commute or expect to commute to their second home in four hours or less and the majority (87%) want to drive
- 61% of non-second homeowners want their second home to be near the water (42% beach and 19% lake)
- 71% of buyers plan to visit their second home less than 7x per year