Vacation Home Blog

This is my latest update on foreclosures and short sales for vacation homes in the Western Shore area of Maryland. Email me at phyllis@localwaterfront.com if you would like more details on any of them! Foreclosures With Water Views: $264,900 - 3/2 Colonial with a view of Saint Leonard Creek in Lu...

I was interested to see the trends in vacation home sales in the area so I decided to research the past 3 years of home sales in Calvert County. I found an interesting trend: Homes Owners From                     2006              2007                2008 DC/VA                                    ...

Today we finally got some snow. Being from Ithaca, NY I love seeing snow. Ithaca has way too much for me instead of our 2 inches they are supposed to get 10-12 " tonight according to my cousin who lives there. It is beautiful but my poor palm tree!. In case you are wondering certain types of palm...

According to the National Association of Realtors existing home sales rose and inventory declined in December.  Existing home sales jumped 6.5 percent last month. The statistics are for the entire country. We were extreemly busy here in Southern Maryland and the activity has held steady for Janua...

I just spoke to Ray Gagner Mortgage Consultant with C&F Mortgage about financing a vacation home today. The first thing he wanted to say is how quickly rates, down payments and programs change. He says what I am writing today may change in a few hours so keep this in mind. In fact when i was talk...

The growing and popular vacation rental market is estimated at $24B, which motivated PhocusWright to conduct an industry market study. The study estimated 1.26M second homes are available for rent in the U.S. The study found 50% of rent-by-owners are casual renters. Casual rentals are define as o...

This is my latest update on foreclosures and short sales for vacation homes in the Western Shore area of Maryland. Email me at phyllis@localwaterfront.com if you would like more details on any of them! Foreclosures With Water Views: REDUCED: $264,900 - 3/2 Colonial with a view of Saint Leonard Cr...

As more people begin to rent out their vacation homes this is important to know.I just read the October/November edition of The Robb Report Vacation Homes magazine.  The article "insuring your vacation home against visitor mishaps," by John Morrell and Nikki Swink, had some very good information ...

There are currently 133 active listings. 27 are new construction. 10 of the listings are pre-foreclosures, 2 are bank owned. 2 homes were listed in December and 2 homes went under contract.  No homes sold in December. Home prices range from 129,900 for a 1 bedroom home built in 1930 to 975,000 fo...

There are currently 80 active listings. 12 are new construction. 7 of the listings are pre-foreclosures, 3 are foreclosures. 1 home was listed in December and no homes went under contract.  No  homes sold in December Home prices range from 264,500 for a foreclosure to 1,795,000 for a large waterf...