According to the Bureau of Labor Statistics second-home sales are skyrocketing. Owners of these types of vacation properties spend an average of $3,200 a year on such expenses as mortgage interest payments and property taxes, as well as maintenance, utility, security and insurance costs. Here is a look at just who is the second-home buyer:
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From the June-04, 2003 issue of Credit Union Times Magazine • Subscribe!
Second Home Ownership on the Rise
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