Most Sought After Second Home Features This 2010

45% of homeowners who participated in the E360’s 2nd Home Trend Report done this year 2010 says that now is the perfect time to buy a second home. Timing, property characteristics, location, and price were the major preferences of second home buyers accordint to the survey. And the top three reasons why buyers are buying second homes now are the following – Lifestyle and Leisure (46%), Investing (41%), Retirement (11%).

It’s surprising to know most people want to buy a home for lifestyle and leisure. Townhouses could fit in this category and probably the reason why Anaheim CA Real Estate is still growing despite of the declining housing market conditions.

Views – Second home buyers who are surveyed chose beachfront, or mountain side views like in the Charlotte FL Homes. They prefer activities like swimming, surfing, hiking, camping, horseback riding compared to golf which is rather more popular.

Location – There is no problem if the second home is located locally or domestically. What most second home buyers want is a place from far the noises of urban life. A quiet neighborhood with majestic views is mostly preferred.

Size – 60% of surveyed second home buyers prefer a smaller 2-bedroom and 2-bathroom setup, which is different from the 4-6 bedroom preferences of past home buyers.

Are you looking for a place to spend your retirement years?? Then consider Homes in Travis County. Probably the main reason why you decided to buy a second home is that it is an investment which market values don’t depreciate. Survey your preferences first before you ever decide buying a second home. Never buy because it’s cheap and big; buy because you need the functions the house has to offer. it is also important that you look into amenities, accessibility, property tax rates, local schools, medical care, and crime rates.

Keep in mind that pros and cons never disappear even when you buy your second home. You can keep the dividends if it is kept as your retirement home.