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Second Home Conference Attracts Nation's Top 350 Realtors
Vail, CO (PRWEB) June 26, 2007 -- Top Realtors from around the US and several other countries who specialize in second homes and resort real estate converge on the 'rare-air' vacation town of Vail this week to discuss the still vigorous second home markets. "News reports about the real estate demand are certainly not talking about rare-air resort and vacation destinations," Bob Waun, CEO of Vacation Finance, America's First Second-Home Lender, told the audience "50-somethings boomers are beginning to acquire their retirement nests, and many want the same locations and amenities."
Waun's speech to The National Association of Realtors covered alternative and new niche real estate products like condo hotel, fractional real estate ownership and lifestyle timeshare. "Second home buyers are seeking unique alternatives that make fiscal sense and create ownership opportunities that are not burdensome. Many Americans do not want just one second home, they want one in multiple locations. They want a beach house AND a ski condo. We call this new demand The 'AND' Effect. Not a retirement of tough choices between this OR that. A home here, AND there. With some of these new real estate products, people can afford to own choices."
The attendees were treated to a property tour of some of the most desirable vacation real estate in America during the conference, many of which are being offered with fractional ownership or hotel-style rental and service opportunities.
"Luxury is a new middle-class expectation, making it affordable requires thinking outside the box of traditional ownership. Financing this luxury in a big-picture, thoughtful approach is what Vacation Finance designs for our clients," claimed Waun.
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