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How To Swing a Second Home Purchase in Today’s Market

Vacation homes are no longer just for the rich.

Second home buyers are a lot younger than you might expect, and they are not all affluent. Where do they want to have second homes? The beach, like Florida,  which is no longer God’s waiting room but foreclosure central; Arizona, where it’s arid and there are so many foreclosed properties to choose from you can get dizzy shopping; the Colorado mountains, the rivers and ski ways of Montana, and North Carolina, a growing hotbed of second home coastal communities. Believe it or not, the bubble bursting in real estate has  made owning a second home a reality for many because pricing has been slashed and dashed. And people are buying.

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