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Investing in Real Estate Article- 12 key locations for vacation-home buys - AOL Real Estate
The editors at RealEstateJournal.com set out to identify potential vacation-home deals that would assuage the most nervous Nellies. We looked for appealing locales across the United States where prices rose at a rate well below the national average of 84.3 percent between the second quarter of 1996 and the second quarter of 2006, and have above-average employment outlooks according to data from Economy.com.
After working with Mike Sklarz, head of global research at New City Corp., a real estate merchant banking and investment management firm based in Tokyo, to crunch the numbers, RealEstateJournal then investigated the areas further, looking at things like the availability and selection of vacation residences, and proximity to recreational and cultural offerings. Here's our list of 12 tempting locales:
* Bath/Beaufort County, N.C.
* Blairsville, Ga.
* Clarksville, Va.
* Cloudcroft, N.M.
* Dadeville, Ala.
* Driggs, Idaho
* Eureka Springs, Ark.
* Heber City, Utah
* Helen, Ga.
* Jemez Springs, N.M.
* South Padre Island, Texas
* Steamboat Springs, Colo.
