We are still selling properties regularly here in Kentucky and have good demand for farms, land and homes in our Danville / Lexington, KY area. Why? I am guessing because it is just a good, solid place to live – and a tremendous value. Great article on property ownership. Search homes, land and farms in Danville, Boyle County, KY on the MLS here
Homeowners Can’t Get Enough (Of Buying Homes)
Believe it or not, 57% of current homeowners said owning a home is among the best long-term investments they could make – even more than buying gold and putting cash under a mattress (go figure). If you think about it, that’s a bold statement considering how many people have lost their homes to foreclosure thus far. As a matter of fact, 80% of these folks say they want to buy another house in the future. But wait, there’s more. When we broke down this stat by age, we found out that an astonishing 69% of current homeowners age 55 years old or older (we’re talking retired or almost retired Baby boomers here) plan to buy another home. Must be something about that homebuying rush that they can’t get enough of, eh?