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Month: February 2024

Visit these 10 rising vacation spots before they get too popular

Visit these 10 rising vacation spots before they get too popular

By Sally French | NerdWallet

Vacations to popular destinations can sometimes feel like you’ve been sucked into a tourist trap rather than immersed in a new culture.

Given that, you might seek a vacation spot that has a track record of tourist appeal, but remains off the mainstream’s radar — for now.

American Express Travel’s 2024 Trending Destinations list offers a lineup of 10 destinations that fit that bill. Using global AmEx Card Member bookings through the American Express Travel portal, the report highlighted locations with major increases in bookings from 2019 to 2023.

Here are 10 places from the report that are on the rise, in alphabetical order:

1. Adelaide Hills, Australia

Adelaide Hills, Australia. (Getty Images)

While Australia is usually best known for its beaches, crocodiles and the Outback, don’t overlook its vibrant wine country. Adelaide Hills, a region in South Australia, is all about rolling vineyards, charming villages and world-class wineries.

Adelaide Hills is already booming, marking a record $272 million in visitor spending for its fiscal year ending in June 2023, according to the region’s tourism bureau. That’s more than 1.3 million day trips made, and 737,000 nights spent by tourists. read more

Is the housing market going to crash? What the experts are saying

Is the housing market going to crash? What the experts are saying

By Jeff Ostrowski, Bankrate.com

Much to the chagrin of would-be homebuyers, property prices just keep rising. It seems nothing — not even the highest mortgage rates in nearly 23 years — can stop the continued climb of home prices.

Prices increased once again in December, according to the National Association of Realtors (NAR), which reports that median existing-home prices were up 4.4% over last year — the sixth month in a row of year-over-year jumps. In another reflection of ongoing increases, the latest S&P CoreLogic Case-Shiller home price index showed a 4.8% jump in October that represented the ninth month in a row of gains.

So much for the idea that a “housing recession” would reverse some of the outsized price gains in homes. The U.S. housing market had finally started slowing in late 2022, and home prices seemed poised for a correction. But a strange thing happened on the way to the housing market crash: Home values started rising again.