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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 02 Mar 2005 20:35:18 +0000
/ Author of the message: Stormlx |
Title of the message: |
WP: Middle Class Drives Soaring Purchases of Second Homes
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Text of the message: |
Middle Class Drives Soaring Purchases of Second Homes By Daniela Deane Washington Post Staff Writer Wednesday, March 2, 2005; Page E01 Sales of second homes soared last year and accounted for more than a third of all residential sales transactions, according to a study released yesterday. The study, conducted by the Washington-based National Association of Realtors, showed that nearly one in four U.S. homes bought in 2004 was purchased for investment purposes; 13 percent were bought as vacation homes. Together, that constituted the surging second-home market, which accounted for 36 percent of the 7.7 million homes sold in the country last year. Second-home sales were up 16.3 percent over 2003. Kelly Robinson and Debra Thomas, two office colleagues in Bethesda, were just two of last year's buyers. The women decided recently to team up to invest in real estate together. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.