second home news
As interest rates rose in 2022, so did the cost of purchasing a second home. Naturally, this led to a slow market for second and vacation homes, one that left some ambitious disrupters cutting staff and budgets in the third quarter. However, second homes and vacation homes — especially those in desirable locations — are…
Read MoreThanks 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…
Read MoreWe take a look at the new digs for Dyson founder James Dyson, the most adorable vacay stays ever in Montana, and three places where you might be able to strike a deal on a condo. Here’s what we’re reading. What are YOU reading?
Read MoreEach year, Concierge Auctions – the dominant marketplace for buying and selling the world’s finest properties responsible for more than $1 billion in sales – creates the annual “U.S. Luxury Homes Index.” The analysis looks at the 10 highest property sales in 56 high-end markets around the U.S., and according to the research, shows that…
Read MoreIt was his first home in Chicago, and his mother lived there until her death, and in 2019, you could own a slice of Al Capone history for practically a song. “I came to Chicago with $40 in my pocket,” Alphonse Gabriel Capone said once, and not long after that he began working for mobster…
Read MoreEditor’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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