Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.
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Interest in Investment and Second Homes Up in December
Affluent Americans continued purchasing homes in vacation destinations, taking advantage of low mortgage rates and remote work situations.
Read More »Demand for Vacation Homes Slips, But Market Remains Hot
Forty-nine of the top 50 vacation home markets saw double-digit growth last season according to rate lock and mortgage application data.
Read More »Demand for Second Homes Fell 19% YoY in August
Consumer interest in second homes is expected to remain above pre-pandemic levels for the foreseeable future as remote work becomes a new way of life.
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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