…In fact, “vacation and investment homes remain a strong and prominent part of the real estate market, both as a means of providing an escape and providing supplemental short-term and long-term income,” says Ian Morris, chief executive officer of HouseValues. A quarter 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. Forty percent of respondents said features such as water or mountains would not be a factor because they intended to buy for investment purposes. 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)……(see link for entire article or e-mail me) http://realtytimes.com/printrtpages/20060718_surveytrends.htm

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