Breakaway: "New Urbanist" Homes Sell in North Carolina Mountains

Labels: Ashville new vacation homes. North Carolina mountain homes, Breakway North Carolina, new urbanist, North Carolina
Savvy News about real estate deals, second homes, property, condos, fractionals, resorts
Labels: Ashville new vacation homes. North Carolina mountain homes, Breakway North Carolina, new urbanist, North Carolina
Labels: amenity migrants, baby boomer vacation home buyers, Flagstaff, Grand Traverse County, Walworth County
"More than a dozen condos, many in abandoned or distressed buildings" in the definitely non-vacation Dorchester neighborhood "have sold at sky-high prices to 'buyers' using mortgages designed for vacation homes, according to a local housing researcher," Scott Van Voorhis wrote in the Boston Herald yesterday. "The rash of vacation-home lending in Dorchester is stoking fears among some industry watchdogs that a new wave of speculation may be brewing in Boston’s poorest neighborhoods, which are already reeling from a devastating wave of foreclosures," the article added. Local observers warn that such loans may be obtained by speculators who put only a small amount of money down using financing that is reserved for vacation-home lending, and then re-sell for quick profits.
Labels: Boston speculators, Dorchester homes, speculatative lending
Continuing the survey of my most recent two posts, National Geographic Adventurer chooses as its top "next" adventure towns in West Coast states:
Labels: best getaway towns West Coast, best towns West Coast, top adventure towns West Coast
Labels: top getaways Rockies, top towns Rockies, western adventure towns
Labels: best adventure towns east, best adventure towns south, best getaway towns, top getaways east, top getaways south
Labels: charter jet discount, Cotton Bay Estates, Eleuthera deluxe homes plus discount jet service, Halcyon jets, Palm Springs vacation rental, Savannah vacation rental, Sentient jets, Taos vacation rental
"As Webcams and other home-monitoring devices become smaller, cheaper and easier to install, some people have become voyeurs of their own vacation homes. While the ostensible purpose of the cameras is to monitor for intruders, some people use them to check up on the lawn guy or cleaning service, spy on visiting relatives or renters, or simply daydream about a place they'd rather be.
Labels: home monitoring, iRobot, Wall Street Journal real estate news, Webcam, WowWee Ltd.