Some people are buying their second homes first

Although it may seem to be at odds with convention, a growing number of renters are buying second, vacation properties even before they purchase their primary residence. Real estate industry watchers say the trend is borne from the COVID-19 pandemic, and that with remote work now a permanent fixture of many people’s lives, they’re taking

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REMI’s Top Tips for Investing in a Vacation Home

The Real Estate Marketing Insider has announced its top four tips for budget conscious buyers who are considering purchasing a vacation home as an investment property. A recent Trip Advisor survey showed that nearly half of all US travelers have stayed or are planning to stay in a rental home this year, up from 46% last year and 40% in 2011.

Vacation Home Market Booms

Investors who can afford to make a foray into the vacation market are labeling conditions as “the perfect storm” at the moment – low mortgage rates, falling values and increased affordability – all of this is providing a growing number of opportunities for those in the market for a second home.

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