- Many speculators are out of the market, so the playing field is a bit more stable.
- Home prices have dropped slightly.
- Sure, you must be financially comfortable to buy a vacation homeābut you don't have to be wealthy.
- No need to put off your purchase until you're older. People are buying vacation homes at younger ages than ever.
- Remember that real estate is almost always a good investment.
- Don't feel that you have to buy close to home. The NAR survey found that the typical vacation home buyer purchased a property that was a median of 215 miles from his or her primary residence.
- Don't assume you have to dig deep and buy in pricey primary vacation markets.
- If you don't want to rent out your vacation home, you're in good company.
Via classbrain.com