Resort and Second Home
Keep up on the latest developments in the resort and second home market, earn the Resort and Second-Home Property Specialist (RSPS) certification, and network with other members who specialize in the buying, selling, or management of investment, development, retirement, or second homes.
Tweets from @NAR_Resort
An update on current resort and second-home market issues provided by NAR's Advocacy Group.
Although the National Flood Insurance Program will be extended through November 30 when signed into law, the NFIP is in desperate need of reforms that will make it solvent and sustainable in the long term.
30% of those with vacation properties and 32% of those with investment properties plan to rent them in 2018 as a short-term rental.
72% of vacation property owners and 71% of investment property owners believe now is a good time to buy.
The bill contains housing-related provisions important to REALTORS®,including alleviating the weakening of the Low-Income Housing Tax Credit (LIHTC) from the new tax law, and extending the National Flood Insurance Program (NFIP) through at least mid-summer.