Are you thinking about buying real estate to diversify your portfolio? Many people have considered this option after the roller coaster ride (and dive) of the stock market in 2008. Will you get quick returns? Probably not, but if you have some time and money to invest, real estate offers another option. There are over [...]
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In spite of a decline in the total vacation and investment home sales, second-home sales accounted for 33% of transactions in 2007. Sales of vacation properties fell 30.6% to 740,000 in 2007 compared to the prior year which boasted a record 1.07 million, while investment-home sales fell 18.1% to 1.35 million (down from 1.65 million [...]
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