Second Home Sales Hit Another Record in 2005
Published Thursday, April 20, 2006 by Real Estate Pro | E-mail this postFor investment-home buyers, 55 percent said rental income was the primary factor for buying, and 35 percent wanted to diversify investments. Vacation Home Buyers - Typical vacation-home buyers in 2005 were 52 years old, earned $82,800, and purchased a property that was a median of 197 miles from their primary residence; however, 47 percent of vacation homes were less than 100 miles and 43 percent were 500 miles or more.
Tagged: Washington
Second Home Sales Hit Another Record in 2005