Hundreds of thousands of American homeowners may be in desperate straits, facing crippling rate resets or worse, foreclosure, but others continued to purchase vacation homes and investment properties at a healthy rate . According to a study released late last month by the National Association of Realtors...
It seems impossible to get a clear look at the housing situation these days. Where there is hope there is despair, if good news there is bad, existing home sales plummet while new home sales climb toward recovery, ying begets yang. And in that spirit, The National Association of Realtors ( NAR ) just...
Second Homes - Vacation Homes Now 1/3 of Market A friend, a social worker, has a bumper sticker: "NO ONE SHOULD HAVE TWO HOUSES UNTIL EVERYONE HAS ONE." Sorry, Susan, you have lost that battle. Lost it big. A report issued last week by the National Association of Realtors (NAR) indicates that the second...