RedFin
Home sales are falling a bit faster in seasonal towns than non-seasonal towns, partly because second-home buyers are backing off amid economic uncertainty and tight short-term rental regulations. That’s causing sale prices in vacation destinations to flatten. The number of homes sold in seasonal towns, those where vacation demand drives the housing market…
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In Vacation Towns, Home Sales Are Falling and Prices Are Stagnating
Dana Anderson
00:20
Home sales are falling a bit faster in seasonal towns than non-seasonal towns, partly because second-home buyers are backing off amid economic uncertainty and tight short-term rental regulations. That’s causing sale prices in vacation destinations to flatten. The number of homes sold in seasonal towns, those where vacation demand drives the housing market…
