Name: High demand for luxury second homes in Charleston County, SC
Uploaded: 2022-08-02T00:00:00.000Z
Duration: 1 min 12 s
Channel: Roomvu.com
Description: Luxury second home transactions ↑ 25% yearly during Q2 2022. Compared to pre-pandemic levels, luxury second home sales ↑ 235% since Q1 2020. Second homebuyers are flocking to locally-relevant destinations with beaches and year-round outdoor activities.

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Home prices can drop in 2025 due to oversimplified market mechanisms.
Fannie Mae's survey anticipates a slower housing market in 2024 and 2025, with growth rates of 2.4% and 2.7%, respectively.

2025 Housing market will see moderation, not meltdown

2025 Housing Market Will See Moderation, Not Meltdown

Luxury second home transactions ↑ 25% yearly during Q2 2022.
Compared to pre-pandemic levels, luxury second home sales ↑ 235% since Q1 2020.
Second homebuyers are flocking to locally-relevant destinations with beaches and year-round outdoor activities.

High demand for luxury second homes in Charleston County, SC

High demand for luxury second homes in Charleston County, SC

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