Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

While the portion of overall home sales that are second homes is growing, a new Web site offering to connect these homeowners with prospective vacation renters launched this month. includes more than 60,000 vacation rental home listings, and is a consolidation of vacation rental sites,,, (formerly Rent101) and Second-home sales accounted for about 40 percent of all residential transactions in 2005, the National Association of Realtors reported in April, eclipsing the 36 percent level reported in 2004. The trade group reported 3.34 million second-home sales in 2005, up 16 percent from a revised total of 2.88 million in 2004. Vacation-home sales increased 16.9 percent last year to a record 1.0...