Anytime someone says "It's a buyer's market," I'm immediately skeptical. However, in the case of second or vacation homes, it couldn't be truer. Considering the mean price for vacation homes in Florida fell a jaw dropping 33% from last year, any consumer interested in purchasing a vacation home (plus the necessary financial backing) would be wise to consider jumping on this. Think about it: in five years, you'll could very well be able to tell your friend who tells you how much he just bought the vacation home next to yours for, "I paid half that" (and that's something just about any consumer likes doing).
Source:
2nd-Home Market Offers Bargains
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