Condo’s – In for Second-home buyers
October 13th, 2009
Along with foreigners, second home buyers are going for condos for their vacation housing needs than investing in the local housing market. This is only one of the few sectors isn’t he housing industry that has managed to maintain a steady if not rising amount of sales and these properties are going strong. Martha’s Vineyard has taken up the call and others are following suit. Out with luxury hotels and lavish furnishings and in with modest condo’s, some of which are indeed well worth the money put into them. They even outpace the single vacation home sales market in terms of movement. People who are fed up of the financial turmoil are turning their sights to their retirement as they want to get out more and more to prevent the issues in the economy from bugging them all the time. This shows a shift in the previously work-oriented workforce, not only in the US but in the UK as well where Brit’s are preferring to go out more often on short trips more often.



