Vacation Home Buying Fizzling. RV's too?
How many think this article from the Washington Post could be reprinted substituting "RV's and Boats" for "Vacation Homes"? Those monthly payments are going to start looking ugly when you're finding ...
Forum Discussion
way2roll wrote:
Technically can't access or read the article - either link. But I can tell you I live in a resort area on the coast and homes don't stay on the market for more than a few days. And all of them are multi bids way over asking price. 2 houses in our neighborhood just sold in under a day and the numbers are about $200-300k over what the owners paid 2 years ago. Rentals are the same way.
Same in Fl.... houses in our neighborhood are typically sold first day or 2 at way over listing price and way over past sales price. A number of them are going to investors who set them up as AirBNB.
