BETHESDA, Md., May 2, 2024 /PRNewswire/ -- Leading real estate consulting firm RCLCO today announced the availability of their 2024 Vacation and Investment Home Survey Report, an overview of the vacation and investment home market and owner/buyer preferences. Based on more than 1,200 affluent survey respondents who are either current vacation/investment homeowners or considering the purchase of a home, the report outlines how preferences and expectations change based on location, household type, age, and amenity offerings. The report will be available for purchase via RCLCO's website, at the following link
The report will be available for purchase via RCLCO's website, at the following link
"The demand for vacation and investment homes has accelerated in recent years due in part to substantial increases in affluent families' wealth due to value appreciation of primary homes and record stock market performance," said Gregg Logan, Managing Director of RCLCO. "Many wealthy Americans purchase a vacation home for their own leisure and relaxation purposes, but for others, investment is a consideration because a vacation/investment property offers the potential for rental income and long-term appreciation when not in use by the purchaser. These homes often offer amenities and locations that cater to these affluent households' lifestyle preferences, such as waterfront properties, ski-in/ski-out locations, and properties in resort communities. It is essential that builders and developers understand what this growing segment of potential buyers prioritize and what motivates them, which is the subject of this survey."
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"The demand for vacation and investment homes has accelerated in recent years due in part to substantial increases in affluent families' wealth due to value appreciation of primary homes and record stock market performance," said Gregg Logan, Managing Director of RCLCO. "Many wealthy Americans purchase a vacation home for their own leisure and relaxation purposes, but for others, investment is a consideration because a vacation/investment property offers the potential for rental income and long-term appreciation when not in use by the purchaser. These homes often offer amenities and locations that cater to these affluent households' lifestyle preferences, such as waterfront properties, ski-in/ski-out locations, and properties in resort communities. It is essential that builders and developers understand what this growing segment of potential buyers prioritize and what motivates them, which is the subject of this survey
It is essential that builders and developers understand what this growing segment of potential buyers prioritize and what motivates them, which is the subject of this survey
RCLCO's report provides an in-depth look at what households are seeking in their ideal vacation or investment home – and the motivating factors and preferences for the ultra-luxury market segment; for households seeking specific locations including beach, lake, mountain, or city; and for those who are seeking branded residential product. The report delves into specific amenity preferences, and preferences for those who use a home as an investment property compared with a seasonal or vacation home
The report delves into specific amenity preferences, and preferences for those who use a home as an investment property compared with a seasonal or vacation home
Some of the key findings in the 88-page report include:
Existing RCLCO clients can obtain a complimentary copy of the report by contacting their project leads, or Kelly Mangold at [email protected]. Non-clients can purchase the report for US $495 at this link: https://www.rclco.com/publication/rclco-2024-vacation-and-investment-home-survey-report/
About RCLCO Real Estate Consulting: Since 1967, RCLCO has been the "first call" for real estate developers, investors, the public sector, and non-real estate companies and organizations seeking strategic and tactical advice regarding property investment, planning, and development. RCLCO leverages quantitative analytics and a strategic planning framework to provide end-to-end business planning and implementation solutions at an entity, portfolio, or project level. With the insights and experience gained over almost six decades and thousands of projects –RCLCO brings success to all product types across the United States and around the world. RCLCO is headquartered in Bethesda, MD has offices in Austin, Denver, Los Angeles, New York, and Orlando, and is organized into three service areas: real estate economics, management consulting, and advisory services for institutional investors through RCLCO Fund Advisors. Learn more at www.rclco.com 
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SOURCE RCLCO Real Estate Consulting
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