After the decline in home values, particularly in Florida, home values have touched lower values, specially in Florida. This has made renting a vacation home in Florida an attractive summer vacation option. Florida has certainly been among the top choices on everyone’s “A” list for a beach vacation . The weak Florida real estate market, coupled with a faltering economy has made Florida’s beach destinations a very attractive summer option. Florida enjoys year round vacationers, for its affordable rental prices .
My clients often ask me what the difference is between a short sale and an REO. I normally go into quite a detailed explanation about the ups and downs of both, and always wind up telling them REO’S are always the way to go. I’ve actually dealt with this situation a couple of times in the last few months that really confirmed the truth.
When deciding where to go on holiday this year, you will not be short of top destinations. There will also be a lot of travel agents advising you to book with them for the best deals. One place you should visit though is the World Tourism Organisation.