Emerging Real Estate Markets
While you and I cleaned out the pool, braved NorthPark Mall in Dallas, or invited friends over for BBQ and margaritas, the rich and famous played quietly at their second homes. I mean, who got this whole second home fad started anyhow –celebrities and the very wealthy. William Randolph Hearst built his Hearst Castle in San Simeon with…
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VERY interesting story here from the National Association of Home Builders that tells us where most of the second homes in the United States are located. There are 6.9 million housing units that qualify as second homes — that’s about 5% of all the U.S. housing units. There are 26 counties where at least HALF…
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I knew it was only a matter of time before this happened. After all, Realtors have been stealing tips from ad pros for years to make homes look glorious in photographs to entice buyers. What have I been telling you for years — it’s all about the photos, right? Now we hear that “placement pets“, as…
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I spent a delightful hour last Thursday in San Francisco with Pete Flint, CEO and co-founder of Trulia.com. Please note it was 68 degrees! Every Texan needs a second home here to survive summer! Trulia probably needs no introduction to most of you, but for the uninitiated it is a popular real estate site for searching real…
Read MoreHere in San Francisco at Inman Real Estate Connect, Doug Duncan, VP and Chief Economist over at Fannie Mae just said he bought a home in Florida… Because Florida is on sale!
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