As a Salem-based REALTOR® serving the Willamette Valley, I keep a close eye on the trends shaping our local and state housing landscape. Did you know that vacation homes now make up just 3.0% of Oregon's housing? Nationally, we’re facing a shortage of 4.03 million units, and vacation homeownership has slipped from 5.47 million in 2018 to 4.74 million in 2024. Interestingly, timeshares are seeing higher occupancy rates than hotels these days, and vacation homes still play a major role in our favorite resort destinations. These shifts offer valuable insight for anyone considering a move, investment, or second property in Oregon.
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