Vacation Rental Market Continues to Improve — #Newyork #realestate

Vacation Rental Market Continues to Improve

by John Tayeb on June 2, 2010

Vacation Rental Market

The vacation rental market has improved this year compared to 2009.

“Some companies have reported advanced bookings have increased as much as 60 percent to 80 percent over last season,” said Alex Risser, president of the Vacation Rental Managers Association, which manages 150,000 vacation rentals.

Increasing demand doesn’t mean that potential renters are willing to settle for less than ideal properties. “It’s still a tenant market in rentals,” says Theresa Smith, director of vacation rentals for Kinlin Grover GMAC’s Vacation Rentals on Cape Cod.


Source: The Wall Street Journal, Brittany Hutson (05/28/2010)

Posted via web from New York Real Estate Access…A Real Estate Blog

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Vacation Rental Market Continues to Improve — #Newyork #realestate

  1. Pingback: Quick scan of the net – gmac real estate « Travelling and the Australian Dream

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s