Living The Dream

According to a Redfin study, demand for second homes skyrocketed over the pandemic, growing an astonishing 84% year over year. Moreover, buying a second home is more doable than you might think for homeowners of all income levels who are looking to make a property investment or just have a place to vacation.

Just like the journey for your first home, choosing a city for your second is step number one. With that being said, we compiled the list from RedFin’s study which shows top cities to buy a secondary homes based on factors such as median home price, cost of insurance and property profitability.

The list is as follows in numerical order from best to average:

  1. Fort Wayne, Indiana
  2. El Paso, Texas
  3. St. Louis, Missouri
  4. Glendale, Arizona
  5. Laredo, Texas
  6. Boise, Idaho
  7. North Las Vegas, Nevada
  8. Bakersfield, California
  9. Riverside, California
  10. Tucson, Arizona

Interestingly enough, Western Mutual offers coverage in 4 of the 6 states mentioned as best cities to purchase your second home. Should you find the right one, make sure to give us a call and get a 30-second quote for the lowest rate possible.

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