Second Home Trends
I have been on pins and needles waiting out this auction, bugging Robbie Briggs and Laura Brady at Concierge Actions all day yesterday. At about eight p.m. Friday night Robbie Briggs emailed me that “It was a fascinating process, and it appears to be successful.” Saturday morning I heard from Laura Brady who said — “we…
It had to happen sooner or later, especially with prices slashed and dashed by 40 to almost 60% in some markets. But sales of second homes, some vacation, most investment, shot up in 2011. The combined sales of vaca and investment homes was at the highest it has been in this country since 2005. The…
“I have never been so close to the sand while sleeping in a luxury bed.” I have been to Costa Rica now twice, first as the guest of Hillwood, Ross Perot Jr.’s Fort Worth-based company, second as the guest of The Palms Private Residence Club. Guess which spot I love more? Guess which one I can…
VERY interesting story here from the National Association of Home Builders that tells us where most of the second homes in the United States are located. There are 6.9 million housing units that qualify as second homes — that’s about 5% of all the U.S. housing units. There are 26 counties where at least HALF…
