Fractional Ownership Leads in Comparison
An article in Smart Money compared how timeshare, destination clubs, and fractional properties have fared since the economic downturn. Although fractional sales have slumped along with other areas in the real estate and vacation market, industry watchers say fractionals are still the best bet for properties that will ultimately appreciate.
What’s more, the sales slump has prompted some changes that could benefit newcomers to the market. To better compete, many fractional developments are bulking up their location-swapping programs; some 65 percent now allow members to access some type of exchange, up from 25 percent seven or eight years ago, according to Ragatz Associates. Read the full article at Smart Money.
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May 7th, 2010 at 10:44 am
Now that we’re starting to see some green shoots of recovery, it will be interesting to see how fractional ownership fares as the global economy picks up. I think this down-turn has instilled in people a certain degree of putting more value by lifestyle, rather than material wealth, and to me fractional ownership is the definition of more lifestyle for less money.