North America Vacation Real Estate News
North America Vacation
Demand for Second Vacation Homes in the U.S. Decline
According to CoreLogic's principal economist Archana Pradhan, demand for second homes in the U.S. surged after the onset of the COVID-19 pandemic, nearly doubling the pre-pandemic demand level in late 2020.
47.9 Million Americans Will Travel This July 4th Weekend
This week AAA predicts 47.9 million people will travel 50 miles or more from home over the July 4th holiday weekend (June 30 - July 4). This is an increase of 3.7% over 2021, bringing travel volumes just shy of those seen in 2019.
High Prices, Rising Rates, Economic Uncertainty Ends Vacation Home Boom in America
Based on a new report by national property broker Redfin, consumer demand for U.S. vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May 2022.
My Top 3 July Fourth Vacation Getaways in America Revealed for 2022
When we Americans talk about the ties that bind us, the Fourth of July always comes up in the conversation. It's a holiday that not only celebrates freedom for Americans, but also the idea that all people are entitled to be free. On this day, America celebrates its dynamism.
