United States homebuyers took out 90,772 mortgages for second homes in 2023 — 40 percent fewer than they did in 2022.
Source: Inman News
Demand for vacation homes plummeted in 2023
Published in Heather Mahmood-Corley, Markets & Economy, phoenix, Property Portfolio, Redfin, second homes, Select and vacation homes
More from Heather Mahmood-CorleyMore posts in Heather Mahmood-Corley »
More from Markets & EconomyMore posts in Markets & Economy »
More from phoenixMore posts in phoenix »
- US home prices see modest annual gains, but lag behind inflation
- Homesellers are delisting their homes instead of dropping prices
- A tale of 2 housing markets as price declines spread to the West
- Will home sales rebound? Closely watched forecasts say, ‘Yes’
- Waning buyer activity pushes home price growth to 2-year low
More from Property PortfolioMore posts in Property Portfolio »
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from second homesMore posts in second homes »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from vacation homesMore posts in vacation homes »
- HGTV star Kortney Wilson joins eXp Realty in Nashville
- EXp Realty CEO Leo Pareja’s 6 big takeaways from an ‘unusual’ year
- Compass rolls out second-home-focused network for agents
- In June, Inman jumps into second homes and investment properties
- Pacaso’s Marnie Blanco on why co-ownership is poised for a big 2024
Be First to Comment