Second Home Market Rapidly Grows
Second homes sales amounted to more than 33% of all residential transactions this past year. The National Association of Realtors conducted this study and release the information last Tuesday, March 1st. The research also showed nearly 25% being bought as an investment and 13% bought as vacation homes.
The National Association of Realtors has been watching the second home market for quite some time. Last year in their magazine, Realtor, they featured second home sales as one of the top trends to watch in real estate for 2005. Another conicidentally is the aging home buyer.
The second home market is largely fueled by baby boomers and is expected to grow over the next several years.
That's why Michele Moore at H&M Estates has created a department specifically for Second Home sales. The function of the department is to educate, consult and make referrals. A toll free informational hotline and other "insider" updates allow clients to utilize the firm in making their second home purchases.
For more information, please contact Michele Moore at (310) 351-9051.
The National Association of Realtors has been watching the second home market for quite some time. Last year in their magazine, Realtor, they featured second home sales as one of the top trends to watch in real estate for 2005. Another conicidentally is the aging home buyer.
The second home market is largely fueled by baby boomers and is expected to grow over the next several years.
That's why Michele Moore at H&M Estates has created a department specifically for Second Home sales. The function of the department is to educate, consult and make referrals. A toll free informational hotline and other "insider" updates allow clients to utilize the firm in making their second home purchases.
For more information, please contact Michele Moore at (310) 351-9051.
posted by H&M Estates at 3:41 PM
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