Jun 4, 2025
Vacation homes losing appeal in New Orleans
Add Axios as your preferred source to
see more of our stories on Google.
Vacation homes are losing their luster.
The latest: Demand for second homes is at its lowest in data going back to 2018, Redfin reports, and down about 5% year over year in the national numbers.
Between the lines: Homeownership costs have soared, and cities are cracking down on short-term rentals.
- Plus, fewer people can work remotely.
Zoom in: Demand has fallen fastest in Florida as climate-related housing costs swell.