NEWS!

Home prices fall back to historic norms
WALTHAM, Mass. – June 14, 2007 – A first-quarter 2007 U.S. housing valuation analysis shows a widely dispersed drop in single-family home prices, resulting in a continued decline in the incidence of overvaluation in the nation’s housing market, according to the study “House Prices in America,” from Global Insight, an economic and financial analysis and forecasting company.

Boomers boost market for second homes for recreation, retirement

NEW YORK (AP) – June 14, 2007 – For years, the wealthy have bought second homes to use as vacation retreats and benefit from the appreciation of the property. Increasingly, middle class families are looking more seriously at the second home market – especially baby boomers who want to line up a home now for retirement later.