Demand For Vacation Homes Is Now Below Pre-Pandemic Levels
Mortgage-rate locks for second homes were down 4 percent in May
Mortgage-rate locks for second homes were down 4 percent in May
Demand for vacation homes dropped sharply in March for the second month in a row
Demand for second homes was up 87 percent from pre-pandemic levels in January, the highest level in a year
Demand for second homes was 60 percent higher in September than it was before the pandemic
Demand still remains high for vacay and investment properties
Even as demand for investment properties is up, lenders are institutionalizing caps
New April numbers show a massive spike in second-home mortgages, marking 11 months of 80 percent-plus growth
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