As interest rates rose in 2022, so did the cost of purchasing a second home. Naturally, this led to a slow market for second and vacation homes, one that left some ambitious disrupters cutting staff and budgets in the third quarter.
However, second homes and vacation homes — especially those in desirable locations — are still selling, but prices are definitely moderating. According to a report from CoreLogic, demand for second homes has sputtered, retreating to pre-pandemic levels. That, however, could mean that there are deals out there.
What deals, you might ask? We’ve covered vacation homes, lake homes, celebrity homes, and everything in between. Looking back at 2022, here are the stories that shine on SecondShelters.com.