Archive for the 'second home' Category

Mortgage Rates on 30 Year Mortgages at historic lows.

Thursday, February 25th, 2010

A friend of mine passed this graph onto me earlier today.  I think it does a real nice way of showing just how good of a time it is to purchase a new home right now with rates at ridiculous lows.  Rates are expected to climb toward the end of this year, so the time [...]

Second Homes Get Closer to Home

Tuesday, March 25th, 2008

Part Two in The Avenue District Empty Nester blog series:In a 2006 article on second-home purchases, Walter Molony, of the National Association of Realtors, stated that second-home purchases less than 100 miles from a primary home rose significantly from 2002-2005 from 33 percent to 47 percent.
The article continues, “In fact, more than one-third of recent [...]