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According to a NAR survey, typical buyer of a vacation home in 2006 was 44 years old, with a median household income of $102,200. When it comes to deciding how far a getaway would be, 42 percent purchased vacation homes …
For some people, there’s simply nothing like moving in to a new home. Everything’s new, fresh and entirely “you” from top to bottom. Many builders also offer warranties, adding peace of mind to your enjoyment. That said, you have a …
Is it possible that the cloud of foreclosure activity could have a silver lining? The combination of favorable mortgage interest and the increased availability of foreclosed properties – according to the websiteRealtyTrac.com, about three million in 2009 – lead many …
Many buyers of second homes consider renting for all or part of a year to help defray expenses and perhaps even produce a profit. Renting is an option, here are some aspects of being a full or part-time landlord that …
Right about now, you may be saying to yourself ‘ERA is a global network of real estate offices. Of course they’re going to tell me that owning a home is better than renting.’ Well, almost always. ERA has been successful …
According to the NAR survey, buyers of homes purchased solely for investment last year were somewhat younger and less affluent than vacation home buyers, with a median age of 39 and a median household income of $90,250. As you might …
To paraphrase Will Rogers, put your money in land, because they’re not making any more of it. But did Will give sound advice? If you’re considering the purchase of a piece of property as the site for a vacation getaway, …