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 ...
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Well, I can tell you one place where vacation home buying is far from fizzling. Vacation homes are selling at a record pace here, most of them hit the MLS and are under contract within 24 - 36 hours, at sky-high prices, usually closing at a figure well above the listing price.
Personally I see some of the air being let out of this balloon, eventually, but for now it's full steam ahead, and there are plenty of cash buyers that are paying way too much for properties.
Now is definitely the time to sell, and NOT the time to buy. :C
Personally I see some of the air being let out of this balloon, eventually, but for now it's full steam ahead, and there are plenty of cash buyers that are paying way too much for properties.
Now is definitely the time to sell, and NOT the time to buy. :C
