This was the headline in International Property Journal, an independent, authoritative source of news and information for agents, investors, and industry executives working in global property markets. The story, which appeared on June 17, 2010, cited a report published by Global Edge, ranking popular resort and second home locations around the world.

IPJ reported that Sarasota was the cheapest western holiday home destination, crediting that to the fact that the market has fallen over the past two years and the number of distressed properties available for sale to foreigners