CNBC's website ran an article about the 'long road' to recovery of the nations' vacation home marketplace. Since a vacation home is the definition of a discretionary expense, only those who have the extra cash, and feel confident spending it, are in the market for a second or vacation home. Nationally, many vacation areas are hurting when it comes to sales volume and home prices. Interestingly, Cape Cod is cited as a 'bright' spot in the otherwise struggling vacation home marketplace.
Check out the article on CNBC.com.....Here.
Monday, May 09, 2011
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