Second Home Market
Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list. Not everyone can spend $1 million…
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Hawaii? Nope. California? Nope. Florida? Nope. Where is the hottest second home market in the U.S.? Ocean City, New Jersey. According to an analysis of second home purchases by SmartAsset, Ocean City rose to the top of the list thanks to a whopping 79.38 percent of its mortgages were for secondary residences. The coastal town…
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