Twelve Areas With Vacation Home Bargains
Nov. 12, 2006. With the recent softening in the U.S. real-estate market after years of double-digit growth in home prices, many prospective buyers of second homes and vacation rentals may be having second thoughts . While some vacation destinations have dipped in price, they still seem prohibitively expensive.
With this in mind, the editors at RealEstateJournal.com set out to identify good potential vacation-home deals. They looked for appealing locales across the U.S. where prices rose at a rate well below the national average of 84.3% between the second quarter of 1996 and the second quarter of 2006, and have better than average employment as well as proximity to recreational and cultural offerings.
Here's their list of 12 tempting locales:
Bath/Beaufort County, N.C.
Blairsville, Ga.
Clarksville, Va.
Cloudcroft, N.M.
Dadeville, Ala.
Driggs, Idaho
Eureka Springs, Ark.
Heber City, Utah
Helen, Ga.
Jemez Springs, N.M.
South Padre Island, Texas
Steamboat Springs, Colo.
