ARCHIVED BLOG POSTS
The most recent report from Ragatz Associates, well-known prognosticators of fractional ownership trends, revealed that North American fractional industry sales were down 34% to $1.525 billion in 2008 from to $2.29 billion in 2007. While the decrease in sales activity appears dramatic, (read more)
Since the industry peak, which ranged between 2005 and 2006 dependent upon geography, home resale activity has fallen 38%; sales of new homes dropped a sheer 76%; and construction of homes and apartments plummeted 79%. Those are not easy numbers to swallow. Housing experts remain divided on curr...
The times they are a'changin' - albeit slowly. According to the Federal Reserve's most recent Beige Book, 11 of the 12 Districts indicate that economic activity continued to stabilize in July and August with most markets designated "stable." Nevertheless, the Fed intends to...
A recent survey of 600 shoppers in eight states revealed that despite a still-fragile economy and trepidation about employment, nearly three-fifths of the respondents said they thought it was an "okay," "good," or "excellent" time to buy a house. Source: AmericanLiv...