According to recent statistics from the National Association of Realtors, an estimated 44 million second homes exist in the United States containing about 7 million private vacation homes and 37 million investment units. Vermont has the second highest percentage of second homes in the nation. Its not surprising that so many people are purchasing second homes in Vermont, said Seth Kramer, a luxury townhome developer near Mount Snow. Thats why my partners and I decided to launch our Boulder Ridge development. We live in the (Boston) metro area and were constantly looking for a place to go with our families to unwind and have great family fun. Along with Kramer, Craig Hyman and Jon Cannon are partners in the project. (Vermont) is the perfect location for New Yorkers to invest in a second home... said Cannon. Developers like Cannon offer luxury residences where second homebuyers choose from houses ranging up to 4,325 square feet, complete with state-of-the-art appliances, gourmet chefs kitchens, luxury baths with jacuzzi tub and outdoor heated pools.