The number of buyers who locked in mortgage rates for second homes spiked to 178% year over year in April, according to a report from Redfin.
The post Demand for second homes more than doubles pre-pandemic numbers appeared first on Atlanta Agent Magazine.
Buyers struggling to find their ideal property may want to consider smaller purchases, especially condos, and get feet on the ground.
The post In Hot U.S. Markets, Second-Home Seekers Should Consider Buying a ‘Placeholder’ Now and Leveling Up Later appeared first on Real Estate News & Insights | realtor.com®.
The shift to remote work for many people has been a game changer for real estate markets across the country, even in the traditionally slow winter season.
The post Most Affordable (and Warm) Places to WFH This Winter appeared first on Real Estate News & Insights | realtor.com®.
The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.
The post Vacation home sales skyrocketing appeared first on Atlanta Agent Magazine.
Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.
The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.
A house built to honor the great pyramids of Egypt is now a fixer-upper with potential in Lake Ariel, PA. Listed for $300,000, the home is a local landmark.
The post Fixer-Upper With an Egyptian Twist: Peer Into the Pyramid House in Pennsylvania appeared first on Real Estate News & Insights | realtor.com®.
As inventory shrinks and visitors extend their stays, even fixer-uppers are flying off the market.
The post In Winter Resort Markets, Sellers Have the Upper Hand appeared first on Real Estate News & Insights | realtor.com®.
Metro areas with the highest share of vacation homes are seeing more interest on Zillow and higher pending sales growth than the nation at large.
The post Endless summer: Amid pandemic, Americans are looking to move to vacation destinations appeared first on Atlanta Agent Magazine.
For many people across the United States, a summer getaway means heading to the lake. In the coronavirus era, those fresh-air escapes are more important than ever—and might even be used year-round.
The post Take the Plunge Without Splashing Out: Top Affordable Lake Towns in the U.S., 2020 Edition appeared first on Real Estate News & Insights | realtor.com®.