The 10 Best Places For 2nd Homes
Florida grabbed 3 of the 10 spots. This really shouldn’t be a surprise as the weather in Florida is great and the prices have come down so much. It is affordable if you can afford to have the luxury of a second home. Not everyone can and you need to make sure it is the right purchase for you.
“Prices are way down–40% off the peak in some locations. Seemingly at or near bottom, they are starting to attract the first wave of bargain hunters–and not just families in need of R&R. Hard-nosed investors also are on the prowl, says Jan Reuter, head of residential real estate at U.S. Trust Bank of America Private Wealth Management: “We’ve seen an uptick in buying in just the last couple of months.”