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national news stories affecting second homes

Will Legal Pot Make Colorado Ski Homes a Smoking Commodity? Realtors Doubt Toking Will Lead to a New Joint

By Joanna England | February 19, 2014 | Comments Off on Will Legal Pot Make Colorado Ski Homes a Smoking Commodity? Realtors Doubt Toking Will Lead to a New Joint

We’ve seen photos and stories from Colorado ski towns such as Aspen and Breckenridge showing vacationers filing lines out the door at marijuana shops, so of course, we had to wonder what kind of impact legal pot could have on Colorado real estate. Are more buyers putting it in their pipes and smoking it?

Turns out the Colorado Association of Realtors was wondering the exact same thing. After all, with 136 pot retailers in the state as of Dec. 2013, buyers were throwing green after green, eventually causing a state-wide shortage of smokables. But is recreational marijuana a boon for Colorado real estate, or a burden?

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Maintaining a Vacation or Second Home: Why a Concierge Service Ought to Come With the Title

By Candy Evans | August 24, 2012 | 6 Comments

As my site’s tagline reads, “you can never have too many homes.” Apparently, many buyers and homeowners agree. The latest Investment and Vacation Home Buyers Survey from the National Association of Realtors reported that vacation-home sales rose 7 percent in 2011. In all, as I may have told you, vacation-home sales accounted for a healthy […]

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Guess Who’s Buying Up Vacation Homes Like There’s No Tomorrow? The Rich!

By Candy Evans | June 16, 2012 | 2 Comments

Those of us in real estate know that when the housing market plummets,  vacation places plummet the most. Second homes are most often discretionary purchases you wait on until you feel flush with cash. Well, get ready. Realtors say second-home buyers are returning to the store,  shopping from Cape Cod to Lake Tahoe. As I […]

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Why Is TMZ Reporting that Terrell Owens Took a Bath on a 2600 Square Foot Condo? Let’s Get Our Dallas Real Estate News Straight, Please!

By Candy Evans | November 13, 2011 | Comments Off on Why Is TMZ Reporting that Terrell Owens Took a Bath on a 2600 Square Foot Condo? Let’s Get Our Dallas Real Estate News Straight, Please!

TMZ is reporting that Terrell Owens took a bath on his Azure condo: According to public documents, Owens paid $340,000 for the 2,600 square foot place back in 2006, right after he signed a $25 million contract with the Cowboys. Owens no longer works in Dallas … and probably won’t ever work in Dallas again […]

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Former Texas Ranger Rafael Palmeiro Selling Second Home in Pebble Beach, CA to Cover Bankruptcy Debt

By Candy Evans | October 17, 2011 | Comments Off on Former Texas Ranger Rafael Palmeiro Selling Second Home in Pebble Beach, CA to Cover Bankruptcy Debt

The Texas Rangers are going to be world champs for the second year in a row, I feel it in my bones! But Rafael Palmeiro, the Rangers former slugger turned real estate developer, might be wishing he could get back into the game and out of real estate. Palmeiro is now asking creditors in his […]

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How To Finance a Second Home: Tricky, Little Complicated, But Not Imposible

By Candy Evans | October 3, 2011 | 8 Comments

Cinnamon Shore This may be a great time to BUY a second home, but are banks, who make it hard enough to finance your primary residence, cooperating? The answer is yes, if you have good credit and a hefty down payment. But I have heard so many conflicting stories on the nuances of getting a second home […]

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