2. Pocono Mountains, Pennsylvania

Looking for a destination for all seasons? The Pocono Mountains offer skiing (winter), horseback riding (spring), sailing (summer), and hiking (fall). (There's even a Fall Foliage Hotline to point you to the most spectacular views and scenic driving routes.) Single-family homes range from $175,000 to $300,000, with lakeside and mountainside properties available, according to HomeAway.com.

Why Buy Now: A popular destination in the 1950s and 60s, the Poconos is experiencing a resurgence. "[Baby boomer] buyers are looking in their comfort zone; places they know and love -- and probably also where they vacationed as a child," says Christine Karpinski, a spokeswoman for HomeAway.com, a vacation rental site. During the housing boom, home prices in Pennsylvania didn't climb as high as they did in some other parts of the country. As a result, home prices in the four-county Poconos area haven't been as hard hit in the current slump.

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