Buying what is considered a second home before purchasing the more conventional first is beginning to appeal to some renters. Those in metro areas are watching the red hot housing market and may be interested in a place of their own. With remote work trending, they can take advantage of the opportunity to spread out and buy a small getaway home with a vacation-first mentality, Apartment Therapy reports.

These second-home buyers may be drawn to country cottages or mountain cabins while they continue to rent apartments in the city. They may search for their second home in a less competitive market than their current one, too.

Low interest rates may be attracting some renters to the thought of buying, but they may be priced out of their own area as many markets have seen escalating home prices over the past year.

Source: “Buying a ‘Second Home’ First Might Be the Best Real Estate Move of 2021,” Apartment Therapy (April 13, 2021) and “Should You Buy a Second Home as Your First Home?” The Mortgage Source (2021)