The Rise of Vacation Home Ownership

by Linda Martin

In today’s fast-paced world, owning a vacation home offers more than just a getaway—it provides a place to unwind, create lasting memories, and even build long-term wealth. As more buyers explore second-home ownership, vacation properties in Indiana, Wisconsin, and Michigan are becoming increasingly popular. Whether you’re dreaming of a cozy lakeside retreat, a charming cabin in the woods, or a luxury escape, finding the right vacation home requires careful consideration.

Why Invest in a Vacation Home?

Purchasing a vacation home isn’t just about having a personal retreat; it can also be a smart financial decision. First and foremost, real estate in sought-after destinations tends to appreciate over time, offering the potential for long-term equity growth. Additionally, a vacation home can serve as a rental property, generating passive income when not in use. Many buyers also find that owning a second home provides a sense of stability and familiarity that hotels and short-term rentals simply can’t offer.

Choosing the Right Location

Before purchasing a vacation home, it’s essential to carefully evaluate the location. Start by considering how often you plan to visit. If weekend getaways are your goal, choosing a property within a reasonable driving distance is key. Fortunately, the Midwest offers a variety of picturesque destinations, from the tranquil shores of Lake Michigan and Indiana Dunes to the rolling hills of Wisconsin’s countryside and the charming beach towns of Harbor Country, Michigan.

Beyond convenience, think about the lifestyle you want. Do you prefer the peacefulness of a secluded retreat, or do you enjoy an active social scene with shops and restaurants nearby? Areas like Harbor Country, Lake Geneva, Door County, and the Indiana Dunes region—including Beverly Shores— each offer unique amenities. Whether you’re drawn to world-class hiking and water sports, boutique shopping and fine dining, or simply the serenity of a private lakeside retreat, these destinations provide a variety of options to fit different lifestyles.

For those seeking a true escape, Beverly Shores, located within Indiana Dunes National Park, offers unparalleled natural beauty with pristine beaches, breathtaking sunsets, and endless outdoor activities. The area provides a rare blend of seclusion and accessibility, making it one of the Midwest’s most coveted vacation home destinations.

Understanding Costs and Financing

Once you’ve settled on a location, the next step is understanding the financial aspects of purchasing a vacation home. In addition to the listing price, factor in property taxes, homeowners’ insurance, and maintenance costs. If you plan to rent out the property, research local short-term rental regulations and potential income projections, as rules can vary between Indiana lakefront communities, Wisconsin resort towns, and Michigan’s coastal getaways.

Financing a vacation home can also differ from securing a mortgage for a primary residence. Lenders often require a larger down payment, and interest rates may be slightly higher. However, for those who qualify, options such as home equity loans or specialized second-home mortgages can help make ownership more accessible.

Making the Most of Your Vacation Home

Once you’ve found the perfect property, it’s time to enjoy it to the fullest! Many vacation homeowners create rental plans to offset costs while still reserving their favorite times of the year for personal use. Others take a more personal approach, using their second home exclusively for family getaways, holidays, and summer vacations.

Regardless of how you choose to use your home, proper maintenance is key to preserving its value. If you don’t live nearby, hiring a local property management company can help ensure that the home remains in excellent condition year-round. For homes near the Indiana Dunes, Beverly Shores, or Harbor Country beaches, seasonal upkeep—such as winterizing pipes and protecting outdoor spaces from lake-effect weather—is especially important.

Is a Vacation Home Right for You?

Ultimately, purchasing a vacation home is a highly personal decision that depends on lifestyle, finances, and long-term goals. However, with the right guidance, owning a second home can be a rewarding experience that enhances both relaxation and financial stability.

If you’re considering a vacation home in Indiana, Wisconsin, or Michigan, having an experienced real estate professional on your side can make all the difference. With extensive market knowledge and a deep understanding of vacation property investment, I can help you navigate the process and find the perfect retreat.

Ready to find your perfect vacation home? Whether you’re looking for a serene retreat in Beverly Shores, a lakeside escape in Wisconsin, or a charming getaway in Harbor Country, I have the expertise to guide you every step of the way. CONTACT ME today to start your search and turn your dream into reality!

Buyer and Seller Advice • Home Selling Tips • Real Estate Market Trends • March 6, 2025

What Buyers & Sellers Must Know This Spring

by Linda Martin

With the arrival of March, the real estate market begins its seasonal shift. As spring approaches, both buyers and sellers are gearing up for one of the busiest times of the year. Whether you’re thinking of listing your home, searching for your dream property, or simply looking to enhance your current space, here’s what’s trending in real estate this month.

The Spring Market Surge: What to Expect

March marks the beginning of the traditional spring home-buying season, which typically brings increased inventory and heightened competition. This year, we’re seeing:

More Listings Hitting the Market – Homeowners who held off during the winter months are now preparing to sell as inventory steadily grows.
Continued Demand Despite Interest Rates – Meanwhile, buyers are adjusting to current mortgage rates and remain eager to secure homes before peak season prices rise.
Faster Sales in Desirable Areas – Well-priced homes in sought-after locations, such as lakefront properties and North Shore luxury estates, are receiving multiple offers quickly.
Rising Interest in Turnkey Homes – Additionally, buyers prefer properties that require minimal updates, making pre-listing home improvements a smart investment for sellers.

For deeper insights into how interest rates are shaping buyer behavior, check out Realtor.com’s Latest Housing Market Trends.

Smart Strategies for Sellers

If you’re planning to sell your home this spring, preparation is key. Here’s how to maximize your home’s appeal:

Boost Curb Appeal – Fresh landscaping, a new front door color, and seasonal flowers can create a lasting first impression.
Spring Cleaning & Staging – Next, declutter, deep clean, and consider professional staging to showcase your home’s best features. For example, minimalist staging with warm tones is trending in 2025.
Highlight Energy Efficiency – Moreover, buyers are increasingly drawn to energy-efficient upgrades like smart thermostats and solar panels.
Price Strategically – Finally, the right pricing strategy can lead to multiple offers and a faster sale. A customized market analysis ensures competitive positioning.

For seller tips on curb appeal and staging ideas, visit Better Homes & Gardens.

Buyer Tips for a Competitive Market

With more competition among buyers, being prepared is crucial. Here’s how to gain an advantage:

Get Pre-Approved – First, having a mortgage pre-approval makes your offer more attractive to sellers.
Act Fast but Stay Smart – Since desirable homes move quickly, conduct thorough due diligence before making an offer.
Consider Off-Market Opportunities – Also, work with an experienced agent who has access to exclusive and coming-soon listings.
Understand Seller Motivations – Lastly, some sellers prioritize flexible closing dates or leaseback options. Tailored offers can make all the difference.

Learn more about navigating competitive markets from Zillow’s Home Buying Guides.

Trending Home Features & Design Updates

Buyers and homeowners alike are looking for modern, functional spaces this spring. Key trends include:

Biophilic Design – Incorporating natural materials, greenery, and large windows creates a connection with the outdoors. This trend emphasizes health and well-being by seamlessly blending nature with interior spaces (learn more about biophilic design from Coldwell Banker).
Warm Minimalism – Meanwhile, a shift from stark interiors to cozy palettes with warm wood tones is gaining traction.
Outdoor Living Spaces – Additionally, patios, screened porches, and outdoor kitchens remain popular as homeowners prioritize year-round entertaining.
Dedicated Home Offices – Finally, hybrid work models have made well-designed office spaces highly desirable.

Local Market Spotlights & Events

Beverly Shores & North Shore Insights – Market activity is heating up in these highly desirable areas, particularly with luxury lakefront properties gaining attention.
Upcoming Open Houses – Stay tuned for exclusive opportunities to tour stunning properties before they hit the broader market.
Community Events – Likewise, spring real estate networking events and home expos are great ways to connect with experts and explore design trends.

For local market trends and open house schedules in your area, please contact me.

Let’s Plan Your Next Move!

Navigating the real estate market requires expertise and strategic planning. Whether you’re considering buying or selling this spring, I can provide the latest market data, customized buyer and seller consultations, and exclusive insights into upcoming listings.

📞 Call or text today to discuss your goals and create a personalized real estate strategy that positions you for success this season.

Real Estate Market Trends • February 26, 2025

Key Trends Shaping the 2025 Luxury Real Estate Market

by Linda Martin

The Coldwell Banker Global Luxury® Program has released its Third Annual Trend Report, offering a deep dive into the luxury real estate market for 2025. This year’s findings highlight several transformative trends shaping the industry. Whether you’re an investor, buyer, or seller, staying ahead of these shifts can help you make strategic real estate decisions.

Luxury Housing Remains Resilient

Despite market fluctuations, the luxury housing sector continues to thrive. In fact, prices for single-family homes are rising at twice the rate of the general market. This steady growth is largely due to strong demand from high-net-worth buyers and a limited supply of premium properties.

As a result, luxury real estate remains a stable and attractive investment, even in changing economic conditions.

Optimistic Market Outlook

Looking ahead, the 2025 luxury market presents exciting opportunities for both buyers and sellers. More than 85% of Luxury Property Specialists are optimistic for buyers, while 74% anticipate strong conditions for sellers.

Several key factors contribute to this positive sentiment, including:

Increased property inventory, giving buyers more options
Lower mortgage rates, making high-end purchases more accessible
Improved overall market conditions, fostering greater confidence

Because of these shifts, now may be an ideal time to explore luxury real estate opportunities.

The Rise of the “She-Elites”

Another major trend is the growing influence of affluent women in the luxury market. Often referred to as “She-Elites,” women with a net worth of $5 million or more now own 15.2% of high-priced homes. Their impact on purchasing decisions and market trends is undeniable.

Looking forward, this trend is expected to accelerate. By 2030, American women will control the majority of the $30 trillion in assets currently held by aging baby boomers. As their financial power grows, so will their influence in shaping the luxury real estate landscape.

Gen X: The New Luxury Power Players

While Baby Boomers and Millennials have long been the focus of luxury real estate, Generation X is now stepping into the spotlight. Often called the “Luxury Latchkey Generation,” Gen X buyers are increasingly driving demand.

A key reason? They prioritize multigenerational living. Many are looking for properties that provide both functionality and high-end amenities, allowing extended families to live comfortably under one roof.

Because of this, expect to see a rise in demand for spacious estates, dual-primary suites, and flexible living spaces designed for evolving family needs.

Indoor-Outdoor Living Takes Center Stage

Another defining trend for 2025 is the increasing desire for seamless indoor-outdoor living. According to the report, 60% of Luxury Property Specialists say this is a top priority for clients.

Buyers are looking for:

Expansive patios that blend effortlessly with interiors
Outdoor kitchens for elevated entertaining
Integrated indoor-outdoor spaces that enhance both relaxation and functionality

As a result, properties with well-designed outdoor features are commanding premium prices in today’s market.

A Shift Toward Value-Driven Investments

More than ever, affluent buyers are becoming strategic with their investments. Instead of purchasing solely for prestige, they are seeking properties that offer both personal satisfaction and long-term value.

This shift reflects a broader trend: luxury buyers want more than just a beautiful home—they want a wise investment that aligns with their lifestyle and financial goals.

Emerging Luxury Hotspots

In addition to changing investment priorities, wealthy buyers are also expanding their search to new locations. Many are drawn to areas that offer:

Lower taxes and financial benefits
Economic opportunities and business-friendly environments
A high quality of life, including top-tier amenities and services
Favorable climates, allowing for year-round outdoor living

Because of these factors, emerging luxury markets are becoming prime destinations for high-net-worth individuals seeking both lifestyle and investment advantages.

Navigating the Market with an Expert

Clearly, the 2025 luxury real estate market is evolving in exciting ways. With trends pointing toward resilience, optimism, and shifting buyer demographics, it’s crucial to stay informed.

With over 30 years of experience, I specialize in helping buyers and sellers navigate high-end real estate opportunities. Whether you’re looking to purchase your dream home, sell at top value, or make a strategic investment, I’m here to guide you every step of the way.

Ready to Make Your Move in 2025?

As a Certified Luxury Property Specialist, I have helped clients coast-to-coast through Coldwell Banker Global Luxury’s extensive referral network. If you’re searching for the perfect home or looking to maximize your property’s market potential, I can connect you with top-tier opportunities.

📩 Contact me today to start your journey in luxury real estate!

Buyer and Seller Advice • February 8, 2025

February Reflections: Will the Market See Its Shadow?

by Linda Martin

As we step into February, all eyes turn to Punxsutawney Phil and his annual weather prediction. This year, he saw his shadow, signaling six more weeks of winter! ❄️ But what does that mean for real estate? Will the market retreat into hibernation, or is it ready to spring forward? Either way, Groundhog Day is more than just a fun tradition—it’s a reminder that cycles and patterns shape our world, especially when it comes to the real estate market.

What’s in Store for the Spring Market?

Just like Phil’s forecast, early indicators suggest what’s ahead for buyers and sellers. In many cases, February serves as a transitional month in real estate. While it’s true that winter listings continue to move, many sellers hold off, waiting for the prime spring market. However, this doesn’t mean that buyers should sit on the sidelines. On the contrary, savvy buyers know that acting early can mean less competition and better deals before the seasonal rush begins.

Should You Wait or Act Now?

At this point, you may be wondering: If the real estate market were a groundhog, would it retreat into winter hibernation, or would it spring forward into action? To help answer that question, let’s take a closer look at some key trends:

Inventory is still tight – Many homeowners remain on the fence, waiting to list in March or April. As a result, buyers willing to search now could have a competitive edge. Furthermore, fewer available homes mean sellers can attract serious buyers who are ready to make strong offers.
Mortgage rates are shifting – With ongoing rate adjustments, buyers who lock in financing sooner rather than later may benefit significantly. In fact, even a small change in rates can impact monthly payments, making now a strategic time to act.
Luxury homes continue to move – High-end buyers and sellers remain active, with well-priced properties selling quickly. For this reason, waiting too long could result in missed opportunities.

My Advice for Buyers and Sellers

For Sellers: Don’t assume waiting is always best. In reality, with low inventory, listing now can mean standing out in a less crowded market. Not only that, but serious buyers are already looking, creating strong demand for well-presented homes.
For Buyers: If you find the right home, don’t hesitate! Keep in mind that the spring rush often brings multiple-offer situations, making competition even tougher. In other words, making a move now could put you in a stronger position before bidding wars begin.

Looking Ahead

With several weeks of winter ahead, now is the perfect time to plan your next move. Although spring is approaching, buyers and sellers who prepare now will be ready when the market heats up. By acting strategically, you can take advantage of current conditions before competition increases.

I’d love to hear your thoughts—did you tune in for the Groundhog Day prediction? More importantly, are you ready to make a move this year? Let’s connect!

Home Selling Tips • January 21, 2025

7 New Year’s Resolutions for Selling Your Home

by Linda Martin

The start of a new year brings renewal and fresh opportunities. If selling your home is among your goals for this year, setting the right intentions and taking purposeful action can make a significant difference. As an experienced agent with over 30 years in the business, I’ve helped countless clients prepare their homes for the market with proven strategies that lead to successful sales.

Here are seven essential New Year’s resolutions to get your home market-ready and attract the perfect buyer.

1. Declutter and Organize

First and foremost, a clean, clutter-free home is visually appealing and allows buyers to imagine themselves living in the space. To achieve this, start by sorting through items room by room. For example, donate, recycle, or discard anything you haven’t used in the past year. Additionally, invest in storage solutions to keep the remaining belongings neatly organized. Not only does this enhance your home’s appeal, but it also simplifies packing for your move.

2. Make Minor Repairs

Furthermore, buyers are drawn to well-maintained homes that show pride of ownership. Take time to address small issues, such as leaky faucets, squeaky doors, chipped paint, or loose tiles. Although these might seem like minor fixes, they can significantly impact your home’s perceived value and help avoid red flags during inspections.

3. Focus on Curb Appeal

Moreover, first impressions matter. Your home’s exterior sets the tone for the entire showing experience. Therefore, ensure your lawn is trimmed, the driveway is clean, and gutters are free of debris. To go the extra mile, consider adding a fresh coat of paint to your front door, planting seasonal flowers, or upgrading your outdoor lighting for added charm.

4. Stage for Success

Professional staging highlights your home’s best features and creates an inviting atmosphere. To illustrate, work with a stager to arrange furniture, add neutral decor, and create a layout that maximizes space and flow. Consequently, a beautifully staged home often leads to quicker sales and higher offers.

5. Set a Competitive Price

Next, pricing your home correctly is crucial to attracting serious buyers. Partner with a knowledgeable real estate agent who can perform a comprehensive market analysis. As a result, your listing price will be both competitive and aligned with current market trends, potentially sparking interest and multiple offers.

6. Market Strategically

Additionally, a robust marketing strategy can amplify your home’s visibility. In today’s digital age, this includes high-quality photography, virtual tours, and social media promotions. By collaborating with a seasoned agent who leverages cutting-edge marketing tools, you can ensure your home reaches the right audience effectively.

7. Prepare Emotionally

Finally, selling your home can be an emotional journey, especially if you have lived there for many years. To ease the process, take time to reflect on the memories while focusing on the exciting opportunities ahead. Moreover, trusting a professional to guide you through the process can alleviate stress and help you stay focused on your goals.

By embracing these seven resolutions, you’ll set the stage for a seamless and rewarding home-selling experience. If you’re ready to take the next step, let’s connect! Offering white-glove service and a consultative approach, I’m here to provide personalized guidance every step of the way. Contact me today at 847.275.7253 to schedule a seller consultation and make 2025 the year you achieve your real estate goals.