What About Buying a Vacation Home?

Vacation homes, whether real estate in Boca Raton, Florida, a luxury ocean front home in La Jolla, CA, riverfront condominiums in Hoboken, NJ or a property in VA Beach, used to be the exclusive realm of the famous and the rich. But times have changed. Today, vacation homes are increasingly important as the second home of many middle-income families. More and more people buy and enjoy vacation homes. Will you?

A vacation home can be a cabin in the woods or a condo in another city. It can be a big or small, fancy or plain. Spurred by the need to get away from the crowding of cities and lured by the thought of acquiring some potentially valuable land, many people have bought a vacation property. Almost always, however, it's a second home. Few of us have the time or resources to live year round at a vacation home.