Wall Street Journal
Wade Shealy, founder and creator of 3rdhome.com and one of the most knowledgeable people I’ve met on the second home market, tells me fractionals are going to come back strong. Fractional vacation home ownership makes sense; you own a deeded right to your property for a “fraction” of a year, which is why most people…
The Wall Street Journal and other financial news media are reporting that the U.S. home ownership rate has slipped to it’s lowest in 15 years, and experts predict it will slip even further. Why? Mortgage lending is tighter than a violin string, with no signs of loosening, not even for an election. This echoed what…
The Wall Street Journal reports a proposed measure in Congress would offer visas to any foreigner making a cash investment of at least $500,000 on residential real-estate—that’s for a single-family house, condo or townhouse. Applicants can spend the entire amount on one house or spend as little as $250,000 on a residence and invest the…
Richard Graziano will literally sell Dallas to Houston! Full disclosure: I have known Richard for years, as a powerhouse sales account manager at D Magazine, then at Paper City. I have long known that he loved homes and real estate as much as I do, and I think a part of me always knew this would happen as…
