Tuesday, May 7, 2024 | The Latest Buzz for the Appraisal Industry

Demand for vacation homes slip, but market still hot

The pandemic turned housing markets on their end in 2020, but while housing prices continue to increase amid ultra-low interest rates and low inventory, second houses continue to remain a hot commodity.  According to a report from Pacaso, a real estate platform that helps people buy second homes, 49 of the top 50 vacation home markets saw double digit growth last season.  “Across the …

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Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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