Role Of Real Estate Agent In Vacation And Second Home Markets

Filed Under (Vacation Homes) by admin on 29-08-2009

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Second home sales have been increasing over the last few years with more people becoming second home owners. In 2005 alone, 40 percent of the homes sold were second homes. Demographics, all time low mortgage rates, and healthy rise in home prices have contributed to this development in the second home market. Besides these, a major factor that has helped augment the buying and selling of second homes is the real estate professional.

The National Association of Realtors conducted research on the profile of second-home owners in 2006. According to the NAR report entitled ‘2006 Profile of Second-Home Owners’, a majority of second home sales transactions are conducted using the services of real estate agents.

The statistics are remarkable; 64 % of vacation home buyers purchased their home using the services of a real estate agent by the end of 2005 – a marked increase from less than 50 % of vacation-home buyers in 2003. Also, 65 % of investment-home buyers purchased their home with the help of a real estate agent – an increase from 53 % of pre-2003. In comparison, only 14 % of vacation-home buyers and 7 % of investment-home buyers purchased directly from builders from 2003 to 2005.

The growing role of the real estate professional is evident from the following figures:

1. Of vacation home sales made, 71 % of them were second homes and 74 % of the sales were made using the services of a real estate agent.

2. Of the investment properties sold, 85 % of them were previously owned and 62 % of the sales were made using the services of a real estate agent.

The use of real estate agents in second home sales transactions varied according to the home’ location.

1. Buyers used a real estate agent more frequently while purchasing a vacation home located in a suburb/subdivision (56 %) or a rural area (57 %) than for homes in other locations.

2. About 66 % of buyers who purchased an investment property in an urban/central city area or in a suburb/subdivision, used the services of a real estate agent more frequently than those who purchased a home in other locations.

Real estate professionals continue to be the first source of information to second-home buyers (38 % of vacation-home buyers and 34 % of investment-home buyers). The real estate professional also plays a major role when second-home owners plan to buy additional properties. If you are thinking of buying a second home or vacation home, seek out the services of a real estate agent to guide you through your next home purchase.

1. The percentage of second home owners who are more likely to use a real estate agent in their next home purchase is quite high. Among vacation-home owners it is 79 % and investment-home owners 73 %.

2. Among second home owners, 65 % of vacation-home owners and 64% of investment-property owners are more likely to use a real estate agent in their next home sales.

Given these statistics, it is no wonder that the real estate agent plays a pivotal role in helping people buy and sell second homes. So whether you are a second-home buyer or seller, enlist the services of an agent for a smooth, hassle free real estate transaction.

Italy Hotels- Giving a New Meaning

Filed Under (Hotels) by admin on 29-08-2009

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Visitors to Italy are rewarded with unique and wonderful experiences to relish. Italian cities, Italian lifestyle, art and culture, stunning Alps, famous Italian fashion, the breathtaking islands all give many reasons for the visitors lining up in Italy. It is a dream destination for many and why not, when one will find amazing architecture all over the country, scintillating cuisines, world famous wines, the list can go on. Rendering a special touch to the country are the hotels in Italy, which are defining landmarks for it self. Catering to all kinds of visitors, Italy hotels strive to make the stay of their guests a pleasant and comfortable stay.

Italy has a certain romantic aura and the magical ambience associated with it who so ever comes here are spellbound. A major part of the country is mountainous and today’s modern Italy is the result of a turmoil history. Italy has today a thriving tourist industry, which is the result of its stunning natural landscapes, the majestic Alps; hills of Tuscany and Umbria, the Bay of Naples are among some of the treasures that the country holds. Italy has come to the forefront, amongst the most popular and visited travel destinations in the world. Italy has many faces to discover which you unravel as you stay here. With the mere mention of Italy, many different meanings come to everybody. For some it is the birthplace of Pizza, land of historic ruins, good wine, to hot beaches. Importantly, the country is very hospitable, obliges its visitors, and does not disappoint.

Italy is also the destination for those who want to go beyond the beaten track and take on some the adventurous and interesting activities, during their holiday. If your kind of holiday is beyond the sightseeing tours or just relaxing, then Italy has a lot many activities on offer that for will sure stir your senses, body and soul. Go on a skiing holiday or a walking tour on the beautiful countryside and the lofty mountain ranges. With so much in the offering, the country does not fall back on the accommodation front and there are number of accommodation options with Italy hotels in all categories available easily.

What better way then to add a little spice to your holiday, and a touch of color, engage in some entertainment when in Italy. You will run in to surprises as besides the monuments, hotels, museums there are number of options to be engaged and entertained. Italians also practice this, thus the place offers is full of entertainment options. From home to the world’s famous opera house, the colorful festivals, to world’s famous finest football leagues, there is something to sample. The people of Italy are fond of festivals and there are celebrations for all kinds of reasons, ranging from local fests to grand celebration. Become a part of them, get a taste of the rich culture, indulge in sampling wines, and watch the races of the wild horses. Ballet has a long history in Italy though Opera now has overtaken it in popularity.

Sailing Away with Northern Europe Cruises

Filed Under (Sailing) by admin on 28-08-2009

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If it is coming to the time of year when you take a relaxing break, you may be interested in trying one of the northern Europe cruises this time round. If you love sailing on the water and would like to visit the northern parts of the world, then finding European cruise deals will aid you in taking this kind of trip.

Northern Europe cruises are designed to take passengers to some of the furthermost northern points on the planet. You can visit countries such as Norway, Sweden and Finland. You may well find that countries including Ireland and Scotland are included in the northern hemisphere bracket. One of the biggest attractions of these types of cruises is the opportunity to witness what is known as the “Midnight Sun”. This phenomenon can be seen from a number of Scandinavian locations and is truly a spectacular sight. Imagine there being no darkness for a full 24 hours, only bright sunshine.

No matter what your purpose is for travelling or your group dynamic, there is a northern Europe cruise deal to suit your needs. The cruises could be a way of tying the knot with your loved one or the opportunity to take your children on a new adventure. It will be extremely unlikely that there will be no cruises that appeal to you. There are many European cruise deals to choose from.

If you like to place your feet on Terra Firma once in a while, then you may think that a cruise is not ideal for you. In fact, many of the ships dock in each country on the itinerary which gives its passengers the chance to wander around some beautiful and famous cities.

If you think that it may be impossible to fit it all in, it is worth noting that northern Europe cruises vary in length. You can book a short break, usually three or four days, but it is also possible to find European cruise deals that last up the three months! Whatever you are looking for, you will find a cruise to suit the amount of time you have to relax.

Most cruises will allow you to travel from any of the major ports in your home country. It is even possible to find European cruise deals that include flights. This means that you can fly to one of the stops in the ship’s itinerary and join the cruise for the remainder of the journey.

Hunting for northern Europe cruises is a simple task and many operators can be found quickly online. It will only be a matter of hours before you locate the perfect cruise deal for you and your group.

Once you have found the perfect cruise deal for you, you can book the trip online and reserve your space on the ship. You will be asked for important details such as the names of the people in your group and your insurance company details, so it is best to have these to hand. Make sure you mention any special requests such as dietary needs or medical requirements. You can also phone and book your trip directly if you prefer.

Once all the details of your trip have been done and dusted, you can relax knowing that you are going to enjoy your trip on one of the best northern Europe cruises available.