Second-home fever? 6 things to know before you buy a summer pad
Natalie Campisi @NatalieMCampisi • July 9, 2019
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Second homes give people the chance to live another lifestyle, in another part of the country — or even outside the U.S. For some, it’s appealing enough to get another mortgage or invest a substantial amount of savings to buy one.
If you’re pining for a home away from home, you’re not alone. There were 7.4 million second homes in 2016, or about 5.6 percent of the total housing stock, according to a report from the National Association of Home Builders (NAHB).