.

The sales of vacation homes skyrocketed last year.

A recent study also revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house in places like South Orange County, California and Laguna Beach properties, to use during retirement. For many Baby Boomers, the idea of finally purchasing that vacation home (that they may eventually use in retirement) makes more and more sense as the economy improves and the housing market recovers.http://www.ocluxuryproperty.com/buying-a-home.html

If your family is thinking about purchasing that second home, now may be the perfect time. Prices are still great. If you decide to lease the property until you’re ready to occupy it full time, the rental market in most areas is very strong. And you can still get a great mortgage interest rate.

http://www.ocluxuryproperty.com/properties.html Rates are still very low as:Today's Mortgage RatesProductsInterest Rate



30yr Fixed FHA4.250%
30yr Fixed Conform High Bal4.500%
30yr Fixed Jumbo4.125%

 As always, if I can ever help you, your family or friends with any real estate needs, I’d be delighted.

 Amir Vahdat (Realtor – Broker) CalBRE#01819847                  949-682-9090

 

Prices of Real Estate are already rising>>> 1st week of April>>>

• The Dow stock index reached a new record high 
• The labor force participation rate rose to a six-month high 
• The Treasury will auction $64 billion in securities next week 
• The European Central Bank (ECB) made no change in rates
Amir Vahdat 
(Realtor -Broker) 949-682-9090
Your local coastal real estate expert & broker

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

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