Economy
The Presidential, bi-partisian committee scrutinizing ways to cut our huge budget deficit brought on by the housing market collapse, Wall Street firms going under, and the biggest government bail out in the history of the world, may end the U.S. home mortgage¬† deduction. It could certainly end the mortgage interest deduction of second home properties.…
Kind of like an unplanned pregnancy, more folks these days are ending up with¬† two or more homes on their real estate hands, making a lot more of us second (or multiple!) home owners. Real estate market conditions have practically stranded homeowners in their homes, which is not the end of the world if you…
How To Find A Face Behind the Place. Did you know there are more than 7.5 million second home owners in the U.S? I did, of course. And I also know there are about a million more properties out there waiting for owners. In the meantime, what do current second home owners do to monetize…
Value and a pretty darn good view — beachfront or mountain — that’s what people generally want when they seek second home real estate. After all, that’s the whole point of buying a second home, getting out of Dodge and enjoying peace, quiet and nature. But one thing has changed since the real estate bubble…