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Reply to "Where should we buy our beach home?"
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[quote=Anonymous]OP, whatever you do spend some time there before you buy and make sure you really love the area. The market in our town in OBX is still very hot for nice houses. Given the uncertainty around the real estate market, economy, etc., I would personally want to be prepared to hold for 8-10 years before buying anything. I think there is a good chance values will go down from the beach house frenzy of the past few years. You don't want to be stuck with a lemon you bought because you didn't know the area well enough.[/quote]
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