second homes

Americans are back in the second home market in significantly greater numbers, according to the National Association of Realtors. In this country, where most of the sales occurred, half of the vacation homes purchased were in the South, followed by the West, Midwest and Northeast. Elsewhere,...

Vacation home ownership used to represent a higher standard of wealth: It meant you could afford not one, but two mortgages, two tax bills, two sets of utility bills etc. In the current economy, a vacation home very often represents just one thing: A financial burden you can no longer handle. The...

Finally, a Facebook application that makes sense. A new online travel portal is trying to alleviate the biggest obstacle people have in renting out their second homes: their fear of renting to strangers. Portland-based SecondPorch.com has launched a Facebook app called "Rent & Trade Vacation...