Regency Wealth Management

Tim Parker quoted in

Second-home fever? 6 things to know before you buy a summer pad

Natalie Campisi @NatalieMCampisi • July 9, 2019

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here’s an explanation for how we make money.
Family fun in a swimming pool
SolStock/Getty Images

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).

Click here to read the full article.

© Copyright 2024, Regency Wealth Management. All rights reserved. | Site by Yellow House Design & Marketing