While the $8,000 tax credit won’t apply to those of you looking to snag vacation homes (unless of course, this is your first purchase and you intend to use it as your primary residence), the glut of properties available means that there’s still lots of time to close on that cabin of your dreams.
This Tribune Media Services article points to the Midwest–Northern Wisconsin vacation homes in particular–as boasting a hearty supply for potential buyers. Homes aren’t moving fast enough, but if that area interests you, your reserves are strong and you have at least a 25 percent down payment, you can score everything from lake houses to done-up chalets, the story said.
If your vacation style calls for fishing, picnicking and campfires in the remote woods, then there’s no better state than Wisconsin, a year-round escape that prides itself on its lodge lifestyle. Many homes sit on acres of land, sport docks and are fitted inside with pine beams and fireplaces.
It’s time to hear from you. Has your Wisconsin vacation home rental been a sound investment? And to house hunters: What are you looking for in a family getaway? Talk to me on Twitter @checkincheckout.