Second homes lost their luster in 2024 as homebuyers only took out 86,604 mortgages on these properties, down 5% year-over-year to the lowest level dating back to 2018. According to data from Redfin (NASDAQ: RDFN), second home mortgages made up only 2.6% of all...
Pacaso, the real estate marketplace focused on the second home market, announced its Top Second Home Markets Report for 2023. Rhode Island’s Newport County (home to the swanky Newport resort) topped the list of 2023 markets with the greatest year-over-year increases...