Second Homes & Investing
Disposable Income Soaring Thinking about buying a vacation home? You’re not alone. Vacation homes are highly sought after now as Americans’ net wealth and disposable income soar to their highest levels on record. Not only are folks eating out more, buying RVs and luxury goods, they’re increasingly looking for a place that they can get away to. Others are converting their second homes into rental properties and enlist the help of vacation property management professionals to ensure better profits. This trend has pushed real estate prices up quite a bit, especially in hot markets such as Martha’s Vineyard, the Florida Keys and ski destinations like Aspen, Colo. Note that cabin […]