New Year, New Market: Vacation Home Trend Slows To Pre-Pandemic Levels

As the world wrestles with the aftermath of the pandemic, the once red-hot trend of buying vacation homes is showing signs of cooling off. The surge in demand that characterized the early stages of the pandemic is tapering, and several factors are contributing to this shift.

Why is the Vacation Home Market Slowing in 2024

One significant factor is the double whammy of rising mortgage rates and escalating home prices. This dynamic is particularly impactful on the market for vacation homes, which are often seen as optional luxuries rather than essential investments. As the cost of financing a second property becomes less manageable, potential buyers are reconsidering their plans for that idyllic getaway.

In addition to financial considerations, the supply-demand balance is shifting in seasonal towns. The initial rush to acquire vacation homes has saturated some areas, leading to a scarcity of available properties. Interestingly, a counter-trend is emerging as some individuals opt for permanent relocation to traditionally seasonal destinations, bypassing the need for a second home altogether.

Other Housing Market Trends Coming in 2024

Looking ahead to 2024, the real estate landscape is primed for further transformation. Experts predict an increase in inventory as homeowners come to terms with the reality that interest rates are unlikely to experience a dramatic drop. However, the silver lining may be a decrease in mortgage rates, although they are anticipated to remain high overall.

Contrasting trends are expected in urban and suburban areas. Prices in downtown urban areas are predicted to peak, making them less attainable for potential buyers. Conversely, suburban and rural areas are likely to experience more attractive price levels, enticing those looking for a change of scenery.

Despite the cooling trend, competition in the real estate market is expected to remain fierce. Primary homebuyers will continue to vie with those seeking vacation homes, house flippers, and investment property buyers. The variability of the economy, upcoming U.S. election, and ongoing global conflicts add an element of uncertainty to these predictions.

In conclusion, the once-sizzling vacation home trend is showing signs of cooling, driven by a combination of economic and supply-related factors. As we approach 2024, the real estate market is poised for change, offering new opportunities and challenges for both buyers and sellers. As always, the stability of any predictions is contingent on broader economic and geopolitical factors, but one thing is sure: cabin culture in Minnesota isn’t going anywhere! You’ll always make the right choice investing in an Up North Vacation Home!

5 Improvements For The Cabin You Love In 2024

As we prepare for 2024, we reflect on another year spent inside the family cabin. The gratitude for these peaceful retreats continues to grow, and with it, the needs of a family are constantly evolving. Whether you’re a nature enthusiast seeking solitude or a cabin owner planning upgrades, here are some trends to watch in the new year.

1. Sustainable Design:

In 2024, cabin dwellers want to increase sustainability in their vacation homes. Many modern cabins embrace eco-friendly materials, energy-efficient construction, and off-grid solutions. Solar panels and rainwater harvesting systems are two popular upgrades, while bringing natural design elements indoors is a trending interior theme. This combination of sustainable function and organic ambiance will allow guests to connect with nature on every level.

2. Tech-Free Zones:

In a world dominated by technology, many seek refuge at the cabin, to disconnect and unwind. Some vacation homes are already designed with minimal electronic distractions, which promotes relaxation and a focus on quality time. From classic board games to well-stocked bookshelves, residents are encouraged to embrace the simplicity of a life away from it all without the constant buzz of notifications.

3. Wellness Retreats:

Health and wellness are peak priorities for folks heading into 2024, and our cabins reflect this. Outdoor activities like hiking, fishing, canoeing, and swimming offer a peaceful break from the city’s noise. At the same time, spa-like amenities such as hot tubs, saunas, and luxury bathrooms help escape the stress of daily life. More people than ever will be using their cabins to rejuvenate in a natural, serene setting this next year.

4. Multi-Season Appeal:

Cabin life is not just a summer getaway. In 2024, cabins can be enjoyed year-round, allowing residents to watch as the seasons change. Features like versatile outdoor spaces, woodburning fire pits, and modern temperature control systems provide perfect versatility for the family cabin. Enjoy the escape, no matter what the weather is outside.

5. Remote Connectivity:

While many seek a break from the digital world, there’s also a demand for cabins to offer reliable remote connectivity. Whether working remotely, handling an emergency, or connecting with far-away friends and family, this connection has become an expected part of our daily lives. Well-equipped cabins with home offices and high-speed internet are becoming increasingly popular for those seeking a work-life balance amid nature’s tranquility.

In 2024, cabins are evolving to offer a perfect blend of sustainability, simplicity, and balanced tech access. Like all properties, these short-term residences must adjust to meet our changing priorities. However, amid this constant change, our appreciation for this peaceful respite rooted in nature remains the same. If you’re looking for a cabin to make your own, reach out to one of our real estate agents today!

9 Reasons to Gather at the Cabin this Holiday Season

Believe it or not, Christmas is coming soon. While it is often held as the “most wonderful time of the year,” hosting a family gathering can be a high-stress experience. Our solution? Have everyone out to the family cabin! Gathering at the cabin is a wonderful and memorable experience and it can save you some hassle, too.

Benefits of Having Christmas at the Cabin this Year

  1. Scenic Setting: A cozy cabin in the woods is primed for a picturesque holiday gathering. Snow-covered landscapes, wood-burning fireplaces, and the serenity of the great outdoors provide a beautiful backdrop for your family celebrations.
  2. Cozy Atmosphere: Cabins offer features like wood-burning fireplaces, hot tubs, and rustic decorations, which create a warm and inviting aesthetic, sure to enhance your holiday spirit.
  3. Bonding and Togetherness: With limited access to technology, cabins easily facilitate family bonding time through board games, cooking together, and sitting around a fire. Give yourself the gift of treasured memories in this community-oriented environment.
  4. Escape from Routine: Hosting Christmas at a cabin allows a break from the hustle and bustle of daily life. It’s an opportunity to disconnect, get away from the city noise, and create a space for family time and relaxation.
  5. Privacy: Cabinsalso offer great privacy compared to a traditional home setting. Let yourself escape from the traffic, noise, and nosy neighbors and enjoy a sense of seclusion.
  6. Outdoor Activities: Here in the northland, we take full advantage of our outdoor winter activities, such as skiing, snowshoeing, and winter hiking. These experiences add an extra layer to the mood and help you really lean into the seasonal celebrations.
  7. Unique Traditions: A cabin Christmas is a great opportunity to establish new traditions. Whether it’s a special outdoor activity or a goofy way of exchanging gifts, these traditions become cherished parts of your family’s holiday celebrations, moving forward.
  8. Reduced Stress: Hosting at home involves a lot of cleaning, decorating, and preparation. Cabins are lower-maintenance, and the workload is shared amongst families, allowing you to focus on time together instead of the stress of hosting.
  9. Reconnecting with Nature: Christmas at the cabin is a chance to reconnect with the natural world. With fresh air and an organic atmosphere, you can take in the beauty of the season and explore the wilderness around you.

Overall, hosting family Christmas at the cabin is sure to create a unique and memorable experience, fostering togetherness, relaxation, and a break from everyday life. This collective ambiance encourages folks to embrace the spirit of the season and relish the time you spend together. Lean into the magical and atmosphere of the cabin this year, as it’s hard to replicate at home, and make the most of this unparalleled opportunity.

The Challenge of Charm: Risks and Rewards of Buying a Cabin with Character

Old cabins have an understandable allure, with their architectural charm and unique character. The experience of being inside an old home, with all its lived-in quirks, is one of warmth and rich history. However, while picturesque and cozy, these cabins come with a host of potential issues that can turn your dream getaway into a costly and time-consuming project. Here are some of the primary issues to consider when purchasing an older property.

Hazardous Building Materials:

Many properties constructed before 1970 are laden with dangerous construction materials. Two of the most common are lead paint and asbestos. Lead paint, once used very widely, poses serious health risks, particularly to children. Asbestos, found in insulation and other building materials, can lead to lung diseases. Identifying and properly removing these materials is usually expensive and labor-intensive.

Outdated Mechanical Systems:

Older cabins are often hiding out-of-code systems that can pose significant risks. Knob and tube wiring is a common electrical system in older homes, and it poses a notable fire hazard. Plumbing pipes made from outdated materials can deteriorate over time, leading to costly water damage. Upgrading these systems to modern standards requires a substantial investment.

Maintenance & Upkeep:

Older cabins can hide a host of basic maintenance concerns as well, with varying degrees of risk. Foundation and structural problems, roofing and water damage, and poorly executed contractor or DIY updates are some serious concerns that can be difficult to identify. Lower risk maintenance issues include drafty windows, inefficient heating and plumbing systems, and ongoing management of old trees, roots, and shoreline.

Lifestyle Adjustments:

Older cabins lack many of the everyday accommodations we’re used to in our modern homes. Often this is desirable when one is getting away but for long-term lodging, these everyday comforts should be considered. Storage space is extremely limited in old properties, temperature control is often non-existent, and access to basic technology and entertainment may be cut off completely.

While the appeal of older cabin properties is undeniable, it’s essential to be aware of the risks and potential drawbacks. Before purchasing, be sure to conduct thorough inspections, budget for updates and repairs, and assess whether you’re ready to adapt your lifestyle to fit the limitations of an aging property. With careful planning and realistic expectations, owning an older cabin can be rewarding and fulfilling, but it’s crucial to go in fully informed and prepared.

Preserve and Protect: How to Winterize your Home for Vacancy

When leaving your home for the long and bitter winter months, it’s critical to thoroughly prepare. The winter cold presents some unique challenges and in a long-vacant home, small problems can quickly escalate. Here is a brief guide for winterizing your home before leaving it behind until spring.

Utilities, Fireplaces, and Plumbing: Reduce Your Risk

One of the largest risks to a home during the winter is a burst pipe, so be sure to shut off the water supply before leaving. Open all faucets and drain all pipes (including toilets, dishwashers, washing machines, and water heaters.) This will ensure there is no freezing or burst pipes while you’re away.

Unplug all major appliances and turn the thermostat down, though you’ll want to keep the internal temperature above freezing. If there is a fireplace, clean it thoroughly, removing any ash, coals, or other debris. Sweep or vacuum the fireplace and be sure to close any flues or dampers.

The Kitchen: Remove All Food

Another risk of vacating your home for the winter is animals. Removing all food from your kitchen will help to avoid attracting unwanted critters. Clean out the fridge and freezer completely; drain any water lines, empty the ice maker, clean and sanitize all surfaces. Leave the doors of your fridge and freezer propped open or consider using activated charcoal or baking soda to help avoid musty smells in the spring.

Remove all food from the pantry. Anything left behind should be secured in hard, sealed containers. Wash all dishes, clean your trash and recycling containers, and sanitize your sink when finished. Remove anything that should not freeze (like cans of carbonated beverages) and take out the trash.

Other Basics: Tidy, Clean, and Seal

You will want to do a basic clean of all other areas of the home including bedrooms, bathrooms, and common rooms. Wash, dry, and put away all linens. Vacuum carpets, sweep and mop floors, wipe down all surfaces. You may also consider additional weather proofing such as weather strips for doors and windows, plastic sheeting for windows, and caulking in any exterior gaps.

Outdoor Items: Secure and Store

Clean out gutters and be sure your roof is clear of debris. Arrange to have outdoor maintenance managed while you are away, such as shoveling snow or removing ice dams. Be sure to secure and store any outdoor items such as grills, fire pits, and furniture.

Overall Security: Locking Up

When leaving for an extended time, you want to ensure as much security as possible. Lock all doors and windows and remove any valuables before leaving your home for the winter. Consider purchasing automatic timers for a few lights. You may also want to arrange to have someone check on the house occasionally, throughout the winter.

Your home is a financial and emotional investment and it’s imperative that you protect it, even when you are away. By following this guide, you will limit the risks of leaving your home for the winter. From securing utilities to tending to your kitchen, these steps will help preserve your sanctuary while you are away. Remember, a well-prepared home not only shields against the cold but also grants you peace of mind throughout your winter hiatus.

5 Indicators that Now Is the Time to Sell Your Property

Choosing to sell a property is a big decision; the process is complex, and a lot of money is on the line. Determining the right time to sell is crucial: one that aligns with your personal needs and circumstances. While many factors can influence this decision, such as the state of the real estate market, it’s essential to prioritize your individual situation. You should only sell your property if the time is right for you. Here are a few indicators to help you recognize when the time may be “right.”

A Note About the Real Estate Market

There are a myriad of opinions and suggestions when it comes to the influence of the current real estate market. Everyone has their own idea of the “right” time to sell. However, your personal situation is always the most important factor. The market will play a part and therefore, you should seek out expert advice to understand the implications of the current real estate market in your area. You should also keep in mind that often, you will be buying a new property in the same market that you’re selling in. So the risks and benefits of different market trends are multifaceted.

5 Factors that Indicate Now May be the Time to Sell

So how do you know when it’s the “right” time for your personal situation? Generally, it may be a good time to sell if:

  1. Selling will improve your financial situation. If you are looking to downsize, selling could save you the extra capital you need. Additionally, if you need access to your equity for higher-risk debt or urgent financial priorities, selling could provide “immediate” access to cash.
  2. You have equity in your home (at least enough to help you make another downpayment.)
  3. You have a functional need. The most popular reason people sell their home is because their practical needs change. Whether your family is expanding, your nest is empty, or you have a need to relocate, changing functional factors are a good reason to consider selling.
  4. You are financially prepared for selling and moving expenses. They say it takes money to make money and selling a home definitely requires some investment. Minor updates, landscaping, staging, and hiring movers are all expenses you need to be ready for.
  5. You are mentally, emotionally, and financially ready for a new home. Selling a property can be complex and stressful. It’s important to make sure you are available and ready for the journey.

The “Right” Time to Sell Your Property

Determining the ideal time to sell your property is a highly individualized process. While the real estate market and expert resources can provide valuable insights, it’s important to remember that your personal situation takes precedence. Assessing factors such as your financial goals, equity, functional needs, and readiness for the project can help to guide your decision. By carefully considering your personal position and preparing for the selling process, you can ensure that when the time to sell your property comes, you are ready to jump in.

8 Things to Look for When Viewing a Potential Property

Buying any real estate can be an overwhelming process but buying a cabin comes with its own unique considerations. Here’s what to look for when you’re viewing a potential property.

Cabin Location

It’s critical to consider the location and accessibility of the property. While you can make changes to the building and accommodations, you cannot change the property’s location. Is it in an area that makes sense for you? Is it far enough for a getaway, but also close enough to “home?” Are the access roads well-maintained?

The Changing of the Seasons

There are dramatic swings in weather in Northern Minnesota. If you plan to be heading up to the cabin in the winter, don’t forget to think about the snow! Be sure to ask about winter access and how the roads are handled. Some cabin communities provide snow management, others leave you to handle this yourself.

The Cabin or Vacation Home Lot

Making changes to the lot will come at a considerable cost and require a lot of work down the line. Be sure to look at how water flows, naturally, through the property. Are there areas where rainwater has washed out the landscape? Are there problematic trees or other concerns with the lay of the land?

Water Properties and Quality

Water is a huge consideration and something to stay aware of when viewing potential cabins, especially if you’re looking at a waterfront property. Be sure to research the water you’re buying near. You may want to research how high the water levels get, especially during the Spring thaw and major rains. Also, consider the quality of water in the lake, and what kind of systems are needed for treating it.

Cabin Building Blocks

If you’re looking at rustic or log-style cabins, the building materials and structure itself are something to pay attention to. Log cabins should always be raised off the ground by rocks, concrete or other materials. There should be no rotting, large gaps, or cracks among the logs. The roof should overhang the walls to protect logs from rain and snow.

Cabin Usage

Make sure there is room for everyone! Is this cabin going to be a quiet family getaway? Or a shared, multi-family property? How many people will be staying here at the same time? It’s important to provide a bed for everyone, even if it requires sharing rooms. Sometimes cabins have “bunk rooms” that can sleep 4 or more people in the same space.

Maintenance for Your Vacation Home

All properties require maintenance, but cabins are unique. They may be older buildings, made with different materials than our standard homes. Keep an eye out for how the property has been maintained. How well have the previous owners cared for the cabin?

Terms of Sale

Make sure you understand the terms of the sale agreement and what is included in the price of the cabin. Are you just buying the lot and the building? Are there any appliances the owner is willing to leave behind? Is there any outdoor equipment such as docks, boats, or other lake toys, that may be included?

Buying any property can be overwhelming but viewing cabins “up north” should be a fun and exciting experience! With a trusted team by your side, it’s easy to keep track of all these details and enjoy your property viewing experience!

3 Reasons Why You Should Invest in a Vacation Home

Real Estate is one of the most popular ways for individuals in the United States to build wealth and equity. If you’ve been looking for ways to earn more income, buying a vacation home might be right for you. Here are the reasons why we think you should consider buying a vacation home. 

Your Equity Will Grow

Just like your main living property, your vacation home will grow its own equity over the years. All you have to do is maintain your property and make occasional upgrades. It’s rare that a property decreases in value. 

You Can Rent Out Your Cabin

If you want to make some extra money, renting out your vacation home is a great way to do it. With services like Air BnB and VRBO, it has never been easier to make extra income on your property. Of course, you have to make sure you are maintaining and cleaning your space, and keeping your listing updated. But if you’re willing to put in a little work, the benefits can really start to stack up!

Save Money on Your Vacations

One of the most simple ways that your vacation home will keep a little extra money in your pocket is by saving you money on your vacations. With a designated Northern Minnesota vacation spot that you can escape to at any point, you’ll save on hotels and food when you stay and cook at the cabin!


We think lake life and vacationing Up North is one of the best ways to relax, unwind, and spend time with the people you love. Why not make it work for you by making some extra money. We’re here when you’re ready to invest in your vacation home. Take a look at our current properties to find the property that’s right for you.

4 Ways to Keep Your Cabin Energy Efficient This Winter

Winter in Northern Minnesota can really wreak havoc on your heating and energy bills. If you like spending time at your cabin during the winter months, below freezing temps and lots of snowfall, can make it difficult to keep it heated. Here are some tips to help you stay warm and energy efficient during cold weather. 

Take Advantage of Warmth from the Sun

When the sun is shining take advantage of that warmth and open up all of your curtains and blinds. You’ll be surprised at how much warmth sunshine can provide, even through a window. But don’t forget to close them when the sun sets so that you can prevent cold, drafty air from entering your spaces at night. 

Cover or Seal Drafty Windows

If you have older, drafty windows, you might notice that cold air easily seeps through making it difficult to stay warm. In lieu of purchasing all new windows, you can cover or seal them instead. Grab a tube of caulk or some self-adhesive weather stripping from your local hardware store and reseal the edges making sure that you don’t seal your windows completely shut. You can also buy an inexpensive window insulation kit to keep out the cold. 

Keep Your Furnace and Vents Clean/Clear

Regular furnace maintenance such as vent cleanings and professional service can ensure that your heating system is in tip-top shape and running at full capacity to keep you and your loved ones warm. You can also vacuum or wash your vent covers regularly to prevent dust and grime buildup so that airflow is not impacted. 

Cozy up with Warm Clothes and Blankets

It might seem too simple, but putting on an extra layer or grabbing a warm blanket when you’re sleeping or lounging around can help you stay warm without having to bump up the temperature on the thermostat. While there’s no need to completely freeze yourself out, you’ll be surprised how much a couple of degrees can save in energy usage and on your next bill.


While staying warm Up North can be a challenge, it can also help you get more time at the cabin year-round instead of waiting until the weather is warm to enjoy your vacation home. Check out our other blogs for tips on enjoying your time at the cabin.

Tips to Help You Prepare for Opening Your Cabin this Spring

There’s still a bit of time left before winter is over and we’re ready to start making our weekend trips to the cabin. But it is never too early to be prepared! We’ve pulled together some tips to help you get prepared to open your cabin this spring! 

Make a Plan

Decide what needs to be done and make a list for both the inside and the outside. Don’t forget to check on your licenses for fishing and boating as well. Verify what items need to be renewed or purchased. Also be sure to have a plan to turn on any services that you had shut off for the winter. 

Do an Opening Inspection

Upon arriving, test your smoke and CO2 detector batteries. Turn on water and heating and inspect for any damage to the exterior that might have happened over the winter. 

Check for Critter Damage

Look for holes in your screens, siding, gnawed wires, or rodent droppings, and create a plan for removing or exterminating.

Restock Necessities

Create a list of items that are must-haves in your cabin. Restock non-perishable food items, your first aid kit, and other emergency supplies. 
While it might feel like a long way off, Springtime and cabin days will be here before you know it! Until then, keep an eye on our hot list for the latest properties on the market!