According to HomeAway.com, the
average second homeowners rents out their
property about 20 weeks a year, generating
more than $35,000 in rental income annually.
The company also reports that about 32 percent
of second homeowners generate enough rental
income to cover 75 percent to 100 percent of
their mortgage payments.Vacation
home purchases rising
This is the time of year when many
individuals and families are considering the
purchase of a second (or vacation) home – a
getaway residence they can start to enjoy this
coming summer.
Sales of vacation homes have actually begun
to rebound from their lowest point in 2008,
according to the National Association of
Realtors. And as travel also starts to
rebound, the idea of owning a little slice of
paradise – be it a time share, fractional or
vacation home – is creeping back into the
minds of many consumers. Here's a brief review
of the most common types of second homes:
read more
Posted in
Siouxland_homes on Saturday, February
5, 2011 12:00 am Updated: 6:55 pm. |
Tags:
Vacation Home,
Open House,
Jim Woodard
Visit some
of Southern Mountains Realty's other websites:
www.murphyncrealestate.net
www.murphynchomes.com
www.southernmountains.com
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