Vacation-home buyers show increased interest in investing in rural areas amid the Covid-19 pandemic
Sellers in Remote Areas of U.S. Should Consider Keeping Their Listings on
In fact, many homeowners who already have vacation properties in sparsely populated areas like Montana and Wyoming have retreated there. The Hamptons in New York is busy as well, with homeowners leaving the city for vacation homes there, while others seek out properties to rent.
“We’re going to see a lot more people looking for getaway places,” Ms. McCrystal said. “We went into this situation with a very strong market, and I think we’ll see a boom in luxury real estate. Interest rates have never been lower, and when people are able to get out, they’re going to be flocking to these properties.”
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