Tag: second home ownership

How Lifestyle Asset Group Improves Upon the Fractional Real Estate Model

In a Ragatz and Associates Annual Report, which analyzes data on the Fractional and Private Residence Club sectors, there are a number of data points that are startling. In particular: Annual fractional real estate sales in North America (consisting of the US, Mexico, Canada, and the Caribbean) over the 14 year period from 2006 through […]

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Top 3 Reasons Why 81% of Second Homeowners Dislike Owning Their Vacation Home

According to one study, 81% of high-net-worth (HNW) second and third homeowners hate or dislike their vacation home. Their top three reasons include: Costly upkeep (38% of respondents) Time-consuming maintenance (29%) A feeling of obligation to use the property (64%) In addition, if they were able to get the original market value, 64% of second-home […]

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