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
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