News Items Positive for Real Estate, Second Homes

This piece by Nina Easton of Fortune speaks to how much impact the new president will have on reshaping our economy and in reshaping the housing market. This news from Ty McMahan of The Wall Street Journal is equally compelling, it shows that the Web is still prime real estate for venture capital. In the words of Institutional Venture Partners General Partner Todd Chaffee on the investment: “We feel like we have this undiscovered gem and we’re going to build it into a household name. It’s going to be one of the best-known companies on the Internet.” Meanwhile, savvy developers have always known that one key to attracting buyers is getting them to take a vacation at your property. Second homes are here to stay as a viable part of the U.S. economy because too many people want to live well and are willing to invest in the lifestyle. The real test will be just how quickly the Web can become a place where Americans begin dreaming again. Based on these two articles there is no question that changes are coming.