Tag Archives: Luxury Segment
I know Case Shiller is spreading real estate doom and gloom across the state lines, but it’s summer and most of us have vacation on the mind. Here in Dallas, it is about 110 degrees in the shade, and anyone who doesn’t understand why I started a second home blog IN THIS CITY is suffering from heat stroke. A second home all but comes with a Texas drivers license, or at least, it should. The good news is that this really is the best time ever to buy that second vacation home, particularly in the middle market price range. While home prices are still falling in most regions, (I’m looking at you, Santa Fe) the luxury segment is picking up steam. Or, at least, buyers. If you measure traffic by calls and lookers (not hookers), brokers are reporting more inquiries than they have had in years. In bellwethers Vail, Hilton Head and Palm Beach, foot traffic has jumped by at least 30% this year, according to local real-estate agents.