Posted on Sunday, November 11, 2007
The opportunity to purchase a fabulous Lexington vacation home has not passed Even though the market is not what it used to be, there are benefits to owning a vacation home. Buying as an investment is not always a good idea. Second home sales have started to drop in price. Personal ownership is a wise purchasing goal. The home you love will be at a lower price with a deflating bubble.

To get the vibe of an area, spend a few weeks in the prospective town. Avoid settling on the best deal, instead, look around for something you love. Purchasing a piece of Lexington real estate as a second home could be the smartest decision you will ever make, if you do your research.


Posted on Sunday, November 11, 2007
There is a new trend in buying Lexington real estate . Young singles, especially women, account for the majority of new homeowners. Actually, there was a 6 percent jump in female homeowners between 2001 and 2005.

Most young singles are looking for secure neighborhoods, close proximity to entertainment, and affordability. More of the buying market consists of recent immigrants and minorities. Some are buying condos to build equity so that they can buy a larger home down the road. Finally, retirees and empty-nesters are downsizing and migrating to like-minded communities. They are through with big houses and would rather live in smaller homes, near friends and entertainment.
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Susan Pinckney
3358 Tates Creek Road
Lexington, KY, 40502
(859) 533-2097


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