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gulf: Vacation/2nd-Homes on the rise. - 04/02/10 05:47 PM
Vacation-Home Sales Make a Surprise Comeback
Published: Wednesday, 31 Mar 2010 | 4:49 PM ET Text Size By: CNBC.com
The housing slump may be far from over, but vacation homes are suddenly hot again.
Vacation-home sales rose 7.9 percent in 2009 from a year earlier, to 553,000 units, according to the National Association of Realtors (NAR) in its 2010 Investment and Vacation Home Buyers Survey.
"It's a lessening of the fear factor," NAR spokesman Walter Molony said. "After three years of decline, we saw the activity picking up for the first time in November."
Most people are buying vacation property … (0 comments)
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Chad Mitchell
Orange Beach,
AL
More about me…
SeaMitchell with Re/Max Realty Centre
Address: Perdido Beach Blvd., Orange Beach, Al., 36561
Cell Phone: (251) 979-5613
Email Me
It is time to start looking at Beach Front Real estate. We are specilisted in beachfront condos in Orange Beach, Gulf Shores, and Perdido Key. We can do a personal beach analysis for you just contact us at seamitchell@seamitchell.com
When you get to the Beach Seamitchell!
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