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Vermont may offer some of the best opportunities for a winter investment property, according to new rankings released by Vacasa, a U.S. vacation rental management company. The firm identified the best places to buy a vacation home in 2019, factoring in aggregate cap rates and the ratio of a property’s net operating income over its cost.“Those that made the list this year have an almost built-in guest population, as they’re situated just a s
More consumers are feeling richer and that’s fueling a stronger vacation home market, shows the National Association of REALTORS®’ newly released 2019 U.S. Vacation Home Counties Report.“As of 2018, household net worth reached an all-time high of $100.3 trillion—that’s nearly double from a decade ago when wealth declined during the recession,” says Lawrence Yun, NAR’s chief economist. “Some of this tremendous growth in wealth, al
Some homeowners may be lured to a beachfront home not just for their own enjoyment but to turn the property into a money-making vacation rental. Vacasa, a vacation rental management firm, ranked vacation rental markets based on aggregate cap rates (the ratio of a property’s net operating income over its cost). Here are the top 10 places that topped Vacasa's list as the best places to buy a beach house in 2019:1. Oc
April 11 marks National Pet Day, and it’s time to find a pet to appreciate, if not your own.After all, pets have a big say in real estate. Eighty-one percent of Americans say animal-related considerations play a role when deciding on their next living situation, according to a 2017 report from the National Association of REALTORS®. Eighty-nine percent of those surveyed said they would not give up their animal because of housing restr
A Chicago real estate agent who rallied her community to book dozens of hotel rooms for more than 100 homeless people during last week’s polar vortex received a $50,000 donation from Walmart, which was presented to her on Wednesday’s episode of “The Ellen DeGeneres Show.”Candice Payne of 5th Group Realty & Management, who was invited to the show to speak about her heroic efforts, told Degeneres that she was moved to act partially
Two cats in Silicon Valley are the pampered renters and sole occupiers of a $1,500 per month studio.The landlord says the cats haven’t made much fuss, keep to themselves, lounge around in a cat tree most of the day, and always pay their rent on time—the prrrrfect tenants, you might say.“It’s quirky isn’t it?” landlord David Callisch told CBS San Francisco (KPIX). “People love their pets, they’re part of their family.”The father
Vermont has been actively working to bring in more new residents, and the state may be having some success in its mission. Vermont was the state with the highest percent of inbound moves in 2018, according to the 42nd annual United Van Lines’ National Movers Study, which tracks state-to-state migration patterns over the past year. Last year, Vermont launched a campaign to give eligible people who relocate from another state up to