Second Home Market

Buy in New York? Fuggedaboutit, Get a Second Home Instead

By Bethany Erickson | January 8, 2020 | Comments Off on Buy in New York? Fuggedaboutit, Get a Second Home Instead

Start spreading the news … New York real estate is so expensive many are opting to remain renters in the city they work in during the week, and instead plunk down their case for a more affordable second home for weekending, a recent report from CNN Business found. “Starting with a second home can be […]

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Vacasa Picks Up Wyndham Vacation Rentals

By Bethany Erickson | November 9, 2019 | Comments Off on Vacasa Picks Up Wyndham Vacation Rentals

Vacation rental management platform Vacasa announced that it acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million, financed through a combination of $156 million cash and $10 million in Vacasa equity. Never heard of Vacasa? The company has been making inroads in the vacation home market since 2009, focusing on short-term rental management and, […]

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Demand for Vacation Homes Up, says NAR

By Bethany Erickson | November 2, 2019 | 1 Comment

Thanks to deeper pockets and low mortgage rates, more people are buying vacation homes – boosting both demand and price, revealed the National Association of Realtors’ 2019 U.S. Vacation Home Counties Report. The median sales price in vacation home counties increased at a pace of 36 percent in the five years between 2013 and 2018 […]

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Vacation Homes

Where Are The Vacation Home Hot Spots?

By Bethany Erickson | October 19, 2019 | Comments Off on Where Are The Vacation Home Hot Spots?

New England has the lock on the states with the most vacation homes, with Maine, Vermont, and New Hampshire topping a list of states with the most second homes compiled by IPX1031. Maine, where 19 percent of the homes are second homes, came in first, with Vermont (at 17 percent) and New Hampshire (12 percent), […]

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nantucket

Money No Object? Hit Nantucket For That Second Home

By Bethany Erickson | October 12, 2019 | Comments Off on Money No Object? Hit Nantucket For That Second Home

If you have the scratch, the U.S. second home market is your oyster. If you’re looking for something less pricey, however, you may have to look at spots a lot less popular than say, Nantucket, a new report from the National Association of Realtors revealed. Vacation home sales rose 10 percent from 2015 to 2018, […]

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Small Town Feeling, Big Town Amenities in Bella Vista

By Bethany Erickson | June 1, 2019 | Comments Off on Small Town Feeling, Big Town Amenities in Bella Vista

Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list. Not everyone can spend $1 million […]

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