Vacation home sales are showing real strength. Vacation home sales rose in 2006 to a record 1.07 million sales. Las Vegas, along with Florida and Arizona is a traditional vacation home market. Who buys second homes? A typical second home buyer is 44 years old, has a household income of $102,200 and has primary residence 215 miles from the second home.
25% of vacation homes are purchased in the West. 79% of second home buyers want their second homes for vacation use or as a family retreat.