November 15, 2021
Markets

It’s north of normal in these second home markets

After that trip, Bloomer started paying closer attention to the second-home market nearby — and this fall, his longtime dream of owning a ski house came true. “This is the year we decided we wanted to get a place — which was also, unfortunately, the year everybody else decided to get a place,” he said with a wry laugh. In years past, he watched properties linger for months before selling; this year, homes were flying off the market in a matter of days.

Bloomer’s realtor, Adam Palmiter, advises his buyers to be patient. Because while new listings continue to hit the market, it’s still not enough to keep up with demand. “Every day I get at least five to 10 people emailing me that are totally new to the market,” said Palmiter, of Berkley & Veller Greenwood Country Realtors. “We’re not yet at a point where inventory has kind of caught up to the buyers.”

At the same…

Read full article here: www.bostonglobe.com