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                        Second Homes: Recovery Post Financial Crisis
    Research Publication
Second Homes: Recovery Post Financial Crisis
April 7, 2014
Housing Insights

Historically, most mortgage origination volume comes from traditional purchase and refinance mortgages on primary residences. A smaller, yet significant portion of the market consists of purchase originations for second homes – homes that are neither the borrower’s primary residence nor an investment property. During the housing downturn, the second home mortgage market experienced a severe decline. However, in each year since 2009, the share of the mortgage market consisting of second home purchases has grown.

In this latest edition of *Housing Insights,* Fannie Mae’s Economic & Strategic Research Group provides insights into the typical second home buyer, the history of the second home market, and the outlook for second home sales in the future.

*Second Homes: Recovery Post Financial Crisis*(PDF)

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