What You Can Get For Around $250K

Laguna Vista, Texas: $264,900
Laguna Vista, TX 100802
3 Bedrooms, 2.5 Bathrooms, unknown square footage, unknown acreage.

Egg Harbor, Wisconsin: $262,900
Egg Harbor, WI 100690
2 Bedrooms, 2 Bathrooms, 1530 Square Feet, 29.9 Shared Acres, Condo.

Davenport, Florida: $259,500
Davenport, FL 100579
4 Bedrooms, 2 Bathrooms, unknown square footage, unknown acreage.

Antioch, Illinois: $242,000
Antioch, IL 100505
3+ Bedrooms, 2 Bathrooms, unknown square footage, unknown acreage, Waterfront.

Gold Canyon, Arizona: $240,000
Gold Canyon, AZ 100402
3 Bedroom, unknown bathrooms, unknown square footage, unknown acreage.

Newfoundland, Pennsylvania: $239,000
Newfoundland, PA 100372
4 Bedrooms, 2.5 Bathrooms, unknown square footage, 1.29 Acres.

Mount Vernon, Ohio: $232,900
Mount Vernon, OH 100287
2 Bedrooms, 2 Bathrooms, 1570 Square Feet, 5.15 Acres

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Lower Home Prices Offer Bargains for Retirees

In the ’silver lining’ category, the national real estate slowdown has resulted in some meaningful drops in home prices. This has been particularly true in some markets where prices had been soaring just a couple of years ago. These price reductions have opened a window of opportunity in some markets for baby boomers seeking great places to retire at a reasonable cost.

This article from Business Week profiles four communities across the country that offer more opportunity for prospective retirees to own a great retirement home that may have been unaffordable to them two years ago.

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Book Review: The 4-Hour Workweek

I have to admit that when I first learned of The 4-Hour Workweek, I was very skeptical. Working only four hours a week? It must take a lot of money to get started, or you must have to have tons of experience. So, for awhile I didn’t bother to read the book (written by Timothy Ferriss).

But, I was browsing in my favorite bookstore last weekend and saw it sitting there on the shelf with a giant 20% off sticker attached (they were having a sale on select business books). So I bought it, and have proceeded to read it over the past few days. I was pleasantly surprised.

I know that a lot of baby boomers are looking at retiring within the next few years, and many are wondering how they’re ever going to afford the lifestyle that they’ve planned on having after they’ve reached that milestone. Some have lost pensions, others simply didn’t plan on the cost of living being as high as it is now, and others may have simply started saving for retirement too late.

While The 4-Hour Workweek seems to be aimed at mainly at 20- and 30-somethings, its principles stand for anyone who’s looking for financial and time freedom, including those approaching traditional retirement age. Unlike many books that talk about doing things to gain financial freedom, this book actually gives you a step-by-step plan for doing so, and offers resources for implementing your plan.

Everything from how to outsource (not just restricted to overseas outsourcing, it also covers outsourcing to people in the US and Canada) to exactly how to automate your life to exactly how to create the products that you’re going to sell for minimal time and financial investment.

For anyone who is wondering how they’re going to afford to retire, or who wants the benefits of retirement now, The 4-Hour Workweek is a must read.

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Top Viewed Properties on 2ndhome.net

The top-viewed property for the week on 2ndhome.net was a 3+ bedroom, 2 bathroom oceanfront home located in Hills Beach, Maine. It’s listed at $850,000 by Hollow Woods Management.
Hills Beach, ME

The second most-viewed property was a 2 bedroom, 1 bathroom home on 5.51 acres in Tollgate Canyon, Park City, Utah. It’s listed by Pine Meadows Properties for $349,900.
Tollgate Canyon, UT

The third most-viewed property was a 3 bedroom, 2 bathroom home with a pool and spa in Kissimmee, Florida. It’s listed at $189,900 by Dolby Properties.
Kissimmee, FL

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Buying that Dream Home on the Ocean: Americans Increasingly Drawn to Canadian Maritimes

Despite a slowing in the rate of price increases of oceanfront vacation homes in the U.S., more Americans each year are turning north and east to the Canadian Maritimes seeking the perfect vacation retreat.

If you are driving to many points in the Maritimes from major east coast cities, depending on your start and end points, you are in for a long drive. This has not deterred intrepid individuals and families from making the trek. Why?-because there is a whole lot of beauty, tranquility and friendliness waiting at the other end. But the clincher, for many who have sought and found their dream spots on the water in Prince Edward Island, New Brunswick or Nova Scotia is the price. It’s simply no contest between the price/value equation of property and vacation homes on the east coast of the U.S. versus any of the Maritime provinces. While some areas are more desirable and pricey than others in eastern Canada, the price differences between comparable properties in the U.S. and Canada are striking. This holds true despite the recent fall in the value of the U.S. dollar to the Canadian dollar (for the first time in 30 years, the Canadian dollar is trading higher then the U.S. dollar).

Interested in learning more about the winning combination of enchantment and money saving available on your dream vacation property in the Maritimes? There’s plenty more about it in this article from the New York Times.

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