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Housing, News

Vacation home market losing steam as pandemic abates

By Mike Wheatley | April 14, 2022
When the COVID-19 pandemic was in full force, vacation homes suddenly became extremely popular and were some of the hottest properties on the market. However, as the pandemic abates that trend now appears to be on the wane. With life returning to normal, higher mortgage rates and an increase in loan fees for second homes […]
Housing

Vacation rentals are attracting young buyers

By Mike Wheatley | August 25, 2021
Young adults are showing lots of enthusiasm for vacation rental ownership. Indeed, the interest is so strong that even with limited credit histories and little saved for a down payment, many are still able to find loopholes to make what they believe will be a very lucrative investment. hi The proportion of homeowners under age […]
Almyra
Featured News

Will Investors Let The "Digital Nomad" Boom Pass Them By?

By Phil Butler | July 19, 2021
The digital nomad trend got superheated by the pandemic. Now it's a race to see which real estate investors and property owners adjust.
Featured News, Vacation Properties

Some people are buying their second homes first

By Mike Wheatley | April 16, 2021
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 […]
Home Buying, Residential, US Real Estate

The pandemic has caused a surge in demand for vacation homes

By Mike Wheatley | February 16, 2021
The COVID-19 pandemic appears to have inspired more people to look at buying a vacation home, according to a new analysis of mortgage data by the online real estate brokerage Redfin. In its analysis, Redfin found that mortgage applications for second homes jumped by 84% in January, compared to one year ago. And in September […]
Home Builders/Developer's

Builders cater to the growing second home market

By Mike Wheatley | January 10, 2021
With remote work becoming much more common, the second-home market has enjoyed strong growth and data suggests builders are responding to that trend. The advent of remote work means no more commute, and so many Americans have decided to invest in a second home far from the city, in more pleasant climes where they have […]
Real Estate, US Real Estate, Vacation Properties

REMI’s Top Tips for Investing in a Vacation Home

By Allison Halliday | April 17, 2013
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.
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