Luxury Market

What To Do with Your Vacation Home as Summer Ends

For Sellers, Luxury Market, Move-Up Buyers /

\"WhatAs summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2% year-over-year for January-April 2021. If you’ve taken your last […]

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Demand for Vacation Homes Is Still Strong

For Sellers, Luxury Market, Pricing, Selling Myths /

\"DemandThe pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and […]

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Why You May Want To Cash in on Your Second Home

For Sellers, Luxury Market, Pricing, Selling Myths /

\"WhyWhen stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported […]

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Dreaming of a Bigger Home? Why Not Buy It This Year?

For Buyers, For Sellers, Interest Rates, Luxury Market, Move-Up Buyers, Pricing /

\"DreamingAre you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their […]

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Why This Is a Great Year to Sell Your Vacation Home

For Sellers, Housing Market Updates, Luxury Market /

\"WhyAs vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., […]

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The Luxury Market Is Attracting Buyers in 2021

For Buyers, Housing Market Updates, Interest Rates, Luxury Market, Move-Up Buyers /

\"TheAs more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury […]

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How Remote Work Can Power Your Vacation Home Sale

For Sellers, Housing Market Updates, Luxury Market /

\"HowThis year, the opportunity to work remotely has increased the demand for vacation homes. Gay Cororaton, Senior Economist and Director of Housing and Commercial Research at the National Association of Realtors (NAR), notes: “Working from home is a positive factor in demand for vacation homes.” Buyers are taking advantage of the fact that working from […]

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