Remote work situations have given way to a rise in second home purchases, with counties in Idaho, Maine, and Texas leading the way, experiencing more than 50% growth price.
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Interest Wanes in Second Homes and Investment Properties
Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.
Read More »Second-Home, Investment Property Demand Jumps in September
Bouncing back after a summer slowdown, the demand for second homes was up 60% from pre-pandemic levels in September, an uptick from July's 40% increase, but still below March's record growth.
Read More »Surge in the Demand for Vacation Homes
Pandemic-related remote work situations are pushing more Americans to purchase second homes.
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