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Second Home Mortgage Origination at 7-Year Low

Second Home Mortgage Origination at 7-Year Low

by Phil Hall | May 8, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
The Top Second Home Market for 2023 Is…

The Top Second Home Market for 2023 Is…

by Phil Hall | Dec 6, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...

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