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"But the demand for second homes has remained static.
But borrowers say it's worth the risk as demand for second homes rises.
With the downturn in the housing market, the demand for second homes has cooled.
Salcombe's perfect sailing position has driven up house prices and demand for second homes is riding an ever-rising curve of prosperity.
The Lib Dems think demand for second homes pushes up prices for cash-strapped locals, who also complain about houses standing empty for much of the year.
Kay Leahy, a broker with American Eagle Realty 609-967-70000; www.american eaglerealty.com) said that demand for second homes remains very strong in the Avalon-Stone Harbor area.
Similar(45)
Patrick Flood, a sales associate at Prudential Serls Prime Properties, said demand for houses is high and half of the customers he deals with are looking for second homes.
East coast cities like Shanghai were seeing real estate prices rise on average of 2% per month as China's wealthy continue to demand property, but for first homes and as a fixed asset investment.
Does not claim for second home.
$46.25 million for second home.
This is particularly the case in national parks or other locations where there is strong demand for second and holiday homes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com