Historic Home Tours Gain Popularity;Offer Venue For Charity Fundraising

  The National Alliance of Preservation Commissions and the National Register of Historic Places expect attendance at home tours in historic districts nationwide to hit 12 million this year, marking a gain of 25 percent over the last five years, reports The Wall Street Journal.

Additionally, the Garden Conservancy reports that close to 400 private gardens will be toured nationwide, a four-fold increase from 1995. Home tours are generally fund-raisers held by charities, in which tickets are sold to those interested in viewing historic or exclusive properties.

Many charities are now looking for sponsors, selling advertising space in their tour booklets, and allowing representatives of the sponsoring firms to set up shop in the homes to meet and speak with guests. Landscape architects, arborists, chefs, restoration specialists, appliance salesmen, cabinet-makers, and home-improvement retailers are among those using tours to generate business.

Comments

[John]

The foreclosure market appears to be expanding with no signs of relief. The combination of overextended sub-prime mortgage holders and an ominous economic slowdown indicate that this is a trend that is likely to continue for at least the next year. With all the negative news in the wind, should you venture into foreclosures now or wait for the bottom of the market to hit?
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