Thursday, July 20, 2006

Water: Most Popular Geographic Amenity

I'm not sure what HomePages is. But it did a recent survey on second homes and came up with this, according to Realtrends newsletter: "A quarter (25 percent) of respondents said they are considering a second home for investment purposes, while 22 percent said they wanted one for 'enjoyment' such as weekend getaways, vacations and family use. In terms of proximity to geographic features, 40 percent of respondents said features such as water or mountains would not be a factor because 'it's an investment property.' Among those who do consider geography an important factor in where they buy, 36 percent listed proximity to water as key, followed by mountains (17 percent), golf courses (5 percent) and the desert (2 percent). "

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