Tag Archives: vacation homes

Fortune favors the bold, and in July 2022 search patterns saw a major shift in what destinations homeseekers were considering, but despite that, the top five destinations remained the same: Mexico, Canada, Costa Rica, Puerto Rico, and Belize.  Point2, the ...

While the pandemic caused many people to reassess their living situations as the virus began ravaging the country during the first quarter of 2020, many made hard decisions, some went the complete opposite way by doubling down and purchasing a ...

Vacation homes became all the rage early in the pandemic, with demand peaking at 90% above normal levels in March 2021. But today, the apparent demand for second properties or vacation homes has fallen to “normal” levels, or at least to ...

Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide.

Affluent Americans continued purchasing homes in vacation destinations, taking advantage of low mortgage rates and remote work situations.

Forty-nine of the top 50 vacation home markets saw double-digit growth last season according to rate lock and mortgage application data.

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.

Pandemic-related remote work situations are pushing more Americans to purchase second homes.