National Association Of Realtors
I don’t know how many divorcing couples own vacation homes. But I have a feeling it’s not a small number. After all, the latest numbers from the National Association of Realtors show that buyers purchased 502,000 vacation homes last year, an increase of 7 percent from the year before. And I have a theory, actually,…
Read MoreGreat piece in the New York Times recently telling you what I’ve been telling you: wealthy buyers are out snapping up deals on vacation properties. This is probably the best time ever to buy a second home. As the experts tell us, don’t buy it for any reason other than to enjoy and use it.…
Read MoreIf you want to look at a market that makes residential real estate even in say, Detroit look good, look at second homes. Last year, the median price of a vacation home in the U.S. fell 11%. Compare that to what the National Association of Realtors tells us the ordinary primary residence did — fell 5 percent …
Read MoreI know Case Shiller is spreading real estate doom and gloom across the state lines, but it’s summer and most of us have vacation on the mind. Here in Dallas, it is about 110 degrees in the shade, and anyone who doesn’t understand why I started a second home blog IN THIS CITY is suffering from heat stroke.…
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