It's here today and building momentum. Why? Because demoimages and technology are converging to create a historic opportunity for both buyers and sellers. In fact, experts predict that second-home ownership will double by the year 2,000, meaning nearly l3 million Americans alone will buy full or partial interest in second homes within the next few years.

There are an estimated 80 million Baby Boomers alone in the US today. Those born between 1946 and 1964 totaled 70% more people than were born during the preceding two decades. The first of the baby boomers have turned 50. The last of the boomers will be turning 50 in 2,014. And since people are most likely to purchase a second home between the ages of 45 and 64, this affluent group of home buyers could be buying second homes until the year 2,030.

Today, thanks to technology, second homes are becoming a place to work as well as play. How you use a second home is up to you. But if it's something you've been considering, now is the time to get the information you need to make an informed decision.

What about me?

You'd probably like to know what kinds of people are currently buying second homes. Well, married couples with or without children are almost twice as likely to own second homes as single persons. Most are over 35 years of age. And the fastest growing segment of buyers are age 35 to 54, without children at home.

What are the preferred locations?

The best locations are no more than two to three hours away from major metropolitan areas by car or plane. Most second-home locations are exclusive and discourage over development.

What makes for "successful" second home locations?

Natural beauty is great, but don't forget about cultural and social resources, as well as first rate golf, tennis and other popular sports facilities.

How important is personal safety?

Second homes are a discretionary purchase, and everyone wants to feel secure in his or her environment. That's why gated and guarded residential communities will continue to increase.

What will be my return on investment?

We won't even try to predict the future. But we can tell you that you'll get more enjoyment out of a property you can get to quickly and can use frequently. And since you know your area, chances are you'll make a better real estate investment closer to home. And be sure to look at each property with an eye toward tomorrow, because the vacation homes likely to appreciate the most are the ones that boomers can play in today and retire in tomorrow.

Let us help you explore the best real estate option for you.