Mortgage-rate locks on second homes were down 47 percent from their pre-pandemic levels in Aug. 2023 as market factors have made owning a second home more costly and complicated in the last year, Redfin reported.
Source: Inman News
Vacation home demand near 7-year low due to costs, employer policies
Published in Analysis, Data, long-term rentals, luxury, luxury lens, luxury_lens, Markets & Economy, mortgage rate locks, Optimal Blue, Property Portfolio, Redfin, second home markets, second homes, Select, short-term rental and vacation homes
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