Survey: Second homes account for 5.4M U.S. housing units. Miami ranks in the leading 5 most well-liked big cities for 2nd properties Miami Seashore is No. 1 for compact towns.
MIAMI – A latest AdvisorSmith survey observed that Miami ranks among the the most preferred huge U.S. towns for a family vacation house or next house. The research observed that although there are 137.4 million housing models in the United States, 2nd properties account for 5.4 million of people residences nationwide.
2nd households in the United States incorporate beach residences and snowbird locations in Sunbelt states, winter ski residences, lake properties, and timeshare condos.
Amongst huge towns, New York Metropolis was by far the most popular place for second houses. The second most preferred was Mesa, Arizona. Los Angeles, Miami, and Chicago rounded out the top rated 5.
Miami Seashore was the most common small metropolis for second houses. Between compact metropolitan areas, Florida was the most popular condition for next houses, adopted by California and Arizona.
Texas and Nevada have been other common states for next households, with many of these Sunbelt second households pushed by snowbirds.
Source: South Florida Organization Journal (09/08/21) Chen, I-Chun
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