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From boom to bust: US second-home market sinks as owners rush to sell

⏱ 0:30 🌐 dailymail.com

Owners are offloading second homes amid fears of a housing crash. Record-low sales, sky-high mortgage rates, and return-to-office mandates drive the downturn.Only 86,604 second-home mortgages issued in 2024 - down from 258,289 in 2021.

β†—https://www.dailymail.com/video/realestate/video-3433221/VIDEO-US-second-home-market-sinks-owners-rush-sell.html
Vacation home crash second-home market US housing market record-low sales remote work reversal return to office high mortgage rates pandemic housing boom real estate downturn homeowners selling property market 2024 Florida and California homes
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