Study: 2nd households account for 5.4M U.S. housing units. Miami ranks in the top 5 most preferred massive towns for second properties Miami Seashore is No. 1 for compact metropolitan areas.
MIAMI – A the latest AdvisorSmith survey located that Miami ranks amid the most well-known big U.S. towns for a trip home or second home. The research observed that while there are 137.4 million housing models in the United States, next houses account for 5.4 million of individuals residences nationwide.
Next homes in the United States include beach properties and snowbird places in Sunbelt states, winter ski residences, lake homes, and timeshare condos.
Among massive towns, New York Metropolis was by considerably the most common desired destination for second homes. The next most common was Mesa, Arizona. Los Angeles, Miami, and Chicago rounded out the prime five.
Miami Seashore was the most well known little city for second homes. Among the compact metropolitan areas, Florida was the most well known condition for 2nd homes, adopted by California and Arizona.
Texas and Nevada ended up other preferred states for second houses, with lots of of these Sunbelt 2nd properties driven by snowbirds.
Supply: South Florida Company Journal (09/08/21) Chen, I-Chun
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