The Harder They Fall: Recovery Slow in Vacation Areas

After falling hard in the recession, homes in vacation areas are recovering, but slowly, according to an analysis by Zillow:“Vacation home markets have lagged the rest of the country during the economic recovery, despite an exaggerated boom and bust a decade ago,” says Aaron Terrazas, senior economist at Zillow. “As the economy improves and more Americans feel secure in their personal finances and primary residences, it is possible that more will look to buy a vacation home.
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