Silver Lining in a Down Market |
date: 11.07.08 |
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Given the current financial crisis, where are the opportunities? The outlook for recreational real estate in smaller resort towns such as Sandpoint, Idaho is more optimistic than the national trend, because people WANT to live here. They are seeking a quiet refuge with natural amenities such as lakes and mountains, and they are buying homes at great values. This is especially evident since real estate projects are proceeding, tourism visits are still reported at a healthy pace, and new highway projects are underway to accommodate the growth. |