Vacation rentals a tough sell for some communities

New regulations aimed at noise, parking, 'unfair competition'

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

We often hear that "real estate is local," and that there is little use in dreading or celebrating national home-sale prices and activity. For example, why should sellers fear their ability to sell when their neighborhood is thriving and agents are receiving multiple offers on specific properties, even though national numbers aren’t so rosy?

Real estate is also local when it comes to use, regulation, standards and practices. Customs that are readily accepted in some areas are often vehemently opposed in others.