And come April, fees for buying a second home are going to increase when financing. According to an article on the website, Marketplace, "Redfin estimates that it will cost a typical buyer on a $400,000 home an extra $13,500 as regulators try to get a handle on the housing market." Of course, surf-side and country homes here are a lot more than $400,000 so that number will be much more significant to you. Mortgage brokers in resort areas are using this as a campaign to get people to buy their vacation homes now, but the problem is there is no inventory there either right now. My good friend who is a broker on the Cape shared this perspective. Three years ago there were 3000 homes for sale on Cape Cod, today there are 300!