Push to limit short-term rentals shakes Nantucket for a second season A year after residents overwhelmingly voted against restrictions on short-term rentals, a measure to do just that is on the docket at Nantucket’s Annual Town Meeting, scheduled for Monday. Last year’s initiative, which lost by more than 2-to-1 margin, pitted the wealthy against the
Long-term mortgage rates have slipped for the second consecutive week The war in Ukraine has roiled financial markets and set off a flight to safe assets such as U.S. government bonds. | RealEstate.Boston.com The post Long-term mortgage rates have slipped for the second consecutive week appeared first on Boston.com Real Estate.
Demand for Second Homes is 77% Above Pre-Pandemic Levels According according to a recent Redfin analysis of mortgage-rate lock data from real estate analytics firm Optimal Blue, demand for second homes remains well above pre-pandemic levels as affluent buyers continued to take advantage of remote work and low mortgage rates. A mortgage-rate lock is an
High-Level Takeaways From SBA’s First Round of Guidance About PPP Second Draw Loans 1. What is the deadline to apply for the PPP-2? The last day to apply for and receive a second-round PPP loan is March 31, 2021. 2. What if you already got PPP-1? If you received a first-round PPP loan, you must
Demand for Second Homes Tanks We have had several posts over the past couple years about the growing demand for second homes. However, a recent report from Redfin says demand those homes dropped 19.3% year over year in August, marking the third-straight month of declines. However, they do predict that interest in vacation homes will