Instead of buying vacation #homes in exotic, faraway lands, wealthy homeowners are now buying second homes in their hometowns as vacation properties, the Wall Street Journal reports
What you need to know:
- Wealthy homeowners are starting to buy second homes in their hometowns.
- This trend has been observed in LA, Miami and NY
- Busy professionals who can’t be too far from work are driving the trend
- 2nd homes in town are also great for guests
Thinking a second home in town might be a good idea? A beach house up the coast or maybe a loft in the booming downtown area? Contact #real estate investment expert Tracy Thrower Conyers to discuss possibilities.
For more: The Ultimate Staycation? A Second Home in the Same City [wsj]
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