Report: 4% of R.I. homes are vacation homes, highest concentration in Westerly

IN 2017, 4% of homes in the Ocean State were designated as vacation homes. / COURTESY INVESTMENT PROPERTY EXCHANGE SERVICES
IN 2017, 4% of homes in the Ocean State were designated as vacation homes. / COURTESY INVESTMENT PROPERTY EXCHANGE SERVICES
PROVIDENCE – Just over 4% of properties in Rhode Island were vacation homes in 2017, according to a new report from Investment Property Exchange Services Inc. Rhode Island had the second-lowest vacation-home rate in New England, ahead of only Connecticut. Maine had the highest vacation-home rate in the nation at 19.3%. Vacation homes were non-usual…

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