Mortgage-rate locks for second homes plummeted by 13.1% year-over-year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to new data by Redfin (NASDAQ: RDFN). In comparison, mortgage-rate locks for primary homes declined 5.2%....
Enthusiasm for vacation homes waned during 2023, according to new data from Redfin (NASDAQ:RDFN). Last year, homebuyers took out 90,772 mortgages for second homes in 2023, down 40% from a year earlier and down 65% from the pandemic housing boom’s 2021 peak. In...
Hyatt Hotels Corp. (NYSE: H) is planning to launch Homes & Hideaways by World of Hyatt, a new platform offering the short-term vacation rentals of private homes in leisure and resort locations. In announcing the new platform, the Chicago-headquartered company...
Revnest, a Boise, Idaho-headquartered platform, has launched a global marketplace exclusively designed for vacation rental properties. According to Revnest, the new platform is built from the traditional MLS model of providing essential information about each home,...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
