Winter Vacation Home

This time of year, we’re dreaming of a snowy ski resort and a warm cup of cocoa by the window. Where would you invest in a winter home away from home?

CHIC (Pearl)

The beauty of living in Silicon Valley is you don’t need to go very far to find every climate and environment you could possibly imagine. So I’d keep it close to home and find something within a short 3-4 hour drive of the Bay Area. And there’s no shortage of quality ski and snowboard resorts to choose from, particularly around Lake Tahoe!

GEEK (Kevin)

I love adventure, and I don’t really feel like I’m on vacation until I’m out of California. That’s why my vote is for Yellowstone or the Grand Tetons in the Big Sky Country of Wyoming, Idaho, and Montana. This breathtaking landscape gives you more than enough to explore beyond winter sports. And the tax benefits are a plus!

Skin in the Game

According to data from the California Association of Realtors, the housing market is weathering the economic downturn better than it did during the Great Recession, as buyers have more skin in the game.

Compared to those who bought their homes before the recession, buyers in recent years have made higher down payments, taken on fewer risky loans and second mortgages, and have higher household incomes. That means we can expect fewer defaults and foreclosures as the market continues to shift.