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5 Hotspots for Vacation-Home Deals
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0 Comments :: :: South Padre Island, Port Isabel, Laguna Vista, Investment, Economy, Second Homes |
5 Hotspots for Vacation-Home Deals
Even as the real estate market slows, there are many good reasons to consider buying a second home.
Buyers can’t expect to get rich quick, but slower price increases mean that they have a better chance of finding a good deal.
EscapeHomes.com, a real estate Web site that specializes in second homes, says these five areas offer the best lifestyle and the most reasonable prices:
Central Sierra Mountains of California: Angels Camp, Arnold, Murphys, Sonora. Known as the gateway to the Sierras, this area offers skiing in the winter, plus golfing, mountain biking and hiking in summer. Homes start at $300,000. A 1,862-square-foot, three-bedroom house with an all-season spa and wooded views outside Arnold was recently listed at $388,900.
South Texas Coast: Laguna Vista, Port Isabel, South Padre Island. Here you'll find some of the most unspoiled beaches along the Gulf of Mexico. (The only spoiler is that this is also a prime spring break destination.) A house on the waterfront can go for up to $2 million; but you'll find better deals on inland condos, which go for $200,000 and up.
White Mountains in Eastern Arizona: Pinetop-Lakeside, Show Low, Snowflake. All the advantages of Aspen — hiking trails, fishing and skiing — without the clubby resort culture. You can get a two-bedroom, two-bath rustic cottage tucked into the woods of Pinetop for $259,000.
The North Fork Valley on Colorado's Western Slope: Hotchkiss, Paonia, Crawford. Artists, urban refugees and outdoorsy types have convened on this area. Get a 2,504-square-foot, three-bedroom log house with mountain views for $325,000.
Northern Coast of South Carolina: Myrtle Beach, North Myrtle Beach, Murrells Inlet, Surfside Beach. This is one of the most popular vacation spots on the eastern seaboard, thanks to its pretty beaches, mild winters (average January temperature: 57°F) and southern hospitality. Consider settling along the 60-mile oceanfront area known as the Grand Strand; condos there start at $200,000. |
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