The North American fractional real estate developments increased 4 percent in 2011 to $552 million from $530 million the previous year to the latest study by fractional resort real expert Richard Ragatz of Ragatz Associates released the findings of his annual research paper, "The Shared-Ownership Resort Real Estate Industry In North America in 2012 at the recent 12th Annual Ragatz Fractional & Resort Real Estate Conference at the Hyatt Regency Scottsdale Resort and Spa at Gainey Ranch in Arizona.
And the ragatz survey revealed that there are currently some 305 fractional interest projects and private residence clubs, plus 6 destination clubs to the 305 developments, 98 enjoyed some sales in 2011, as did all six destination clubs in the 98 fractional interest and residence club projects to the primary focus of the survey.
This is widely felt in the resort real estate industry that the shared-ownership components will strongly rebound in the future to thinking is based on personal use instead of speculation, Ragatz reports, mostly from the growing interest among consumers to lower household spending habits and purchase only the amount of time available for use and discretionary income.
And the ragatz survey revealed that there are currently some 305 fractional interest projects and private residence clubs, plus 6 destination clubs to the 305 developments, 98 enjoyed some sales in 2011, as did all six destination clubs in the 98 fractional interest and residence club projects to the primary focus of the survey.
This is widely felt in the resort real estate industry that the shared-ownership components will strongly rebound in the future to thinking is based on personal use instead of speculation, Ragatz reports, mostly from the growing interest among consumers to lower household spending habits and purchase only the amount of time available for use and discretionary income.
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