Category Archives: Other

Many second-home owners make very little use of their properties. The exchange service gives members variety and flexibility. If there is one drawback above all others about owning a vacation home, it’s that you’re stuck going to the same place year after year. Well, “stuck” may be too strong a word. But you are limited. Unless you have the wherewithal to travel at will anywhere you like, you are pretty much restricted to that one spot. Or at least you were until 18 months ago, when a fledgling exchange service […]

Before the bust, rising prices fueled the housing market, enabling buyers to start small and climb the ladder. Now that promise of upward mobility has been all but shattered, gumming up the market. Back in the frothy days of 2007, Luciano Mor needed only a weekend and a Craigslist ad to find a buyer for his two-bedroom starter home. The split-level house, on a quiet Silver Lake street, sold for $749,000, commanding nearly twice what he paid in 2002 and about $50,000 more than a real estate agent had suggested […]