The co-ownership platform has added a crop of high-end homes to its portfolio. Available in one-eighth shares, the homes start at $1 million per share.
If you’re thinking about investing in a vacation property this year, you’re not the only one. According to a 2024 trend report from Coldwell Banker, a whoppingof Americans plan on buying second homes within the next year, and those in the market are finding a new way to pay for them, including something calledThis $8.
“These buyers, who may have previously owned a traditional second home, may have experienced the challenges of designing, furnishing, and maintaining a multi-bedroom residence in a distant state or even another country, along with the inconvenience of upkeep throughout each season,” Allison said. “Consequently, many buyers have decided they no longer want to deal with the hassles of full vacation home ownership.” home,” adds Allison.
“Because these destinations rarely ever see listings hit the market due to high demand and low inventory,” Allison said, “luxury buyers now have the chance to own a home in competitive markets.”Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, entertainment, dining, travel to…This $8.
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