Eye On Housing
For the third quarter of 2020, NAHB’s Home Building Geography Index (HBGI) found construction gains for traditional second home markets. High-concentration second home counties were defined based on the proportion of the local housing stock that are non-rental properties and not classified as their taxpayer principal residences. Counties with relatively high concentrations1 of such residences were designated as “second home… Read More ›
With the end of 2011 approaching, the contributors of NAHB’s Eye on Housing thought it would be useful to take a look at the updates that attracted the most readers over the last year. In August, we mapped the locations of the nation’s second homes. We highlighted the fact that the tax definition of a “second home” for the purposes… Read More ›
Second home ownership is often discussed in housing policy debates, but in general there is a poor understanding of what is considered a second home and where these homes are located. This is particularly true in tax policy contexts because the most common stereotype of a “second” home – an expensive beach house – is often a rental property that is not eligible for the mortgage… Read More ›