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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (7045)	11/23/2002 2:39:40 PM
From: MSI	Read Replies (1) \| Respond to of 306849

So, James, you buying real estate up there? Or anywhere? A canny investor like you should have gotten into something by now <g>

To: H James Morris who wrote (7045)	11/23/2002 8:17:11 PM
From: David Jones	Read Replies (1) \| Respond to of 306849

...The market for second and third homes is strong. The National Association of Realtors predicts that more than 1 million second homes and vacation condos will be built in the next 10 years to keep pace with boomer demand. The association doesn't specifically track third-home purchases but says they also are on the rise.... I don't completely buy into those numbers. Because I need to see it or experience it for my self. I do believe that second or vacation type units are worth time exploring here the next x amount of years. Also I believe the so called baby boomers will most part hold their primary home for various reasons and seek out a get away shack. It's been on for some time here in N California, it's just now getting more exposure in publications.