PDA

View Full Version : For Those of You with a Little Extra Dough


Otter49
07-07-2012, 11:50 AM
A little read from Mary Shanklin in the 7/7 Orlando Sentinel:

Vacation-home buyers pounce on deals on short sales, foreclosures

"The vacation-home market, hit particularly hard by walk-away owners during the real-estate downturn, appears to be making a comeback, with sales growth in recent years exceeding that of primary residences.

Central Florida's second-home market has been thriving, thanks to a seemingly irresistible combination of record-low prices and record-high numbers of tourists. The Orlando metropolitan area was recently listed, for instance, as one of the country's "10 hot spots for foreign buyers" by Inman News, an online real-estate news service."

Full Article (http://articles.orlandosentinel.com/2012-07-06/business/os-short-term-rental-20120706_1_vacation-home-sales-vacation-home-buyers-second-home-sales)