Press Enterprise - "Housing market's slump drags down Inland second-home sales" (2-22-07)

" California vacation-home purchases dropped sharply in 2006, falling even faster than the overall housing market, a real estate information service said Thursday. A total of 13,798 second homes were purchased statewide last year, down 37.1 percent from the 21,925 bought in 2005. The peak was in 2004, when 24,916 vacation homes were sold, according to DataQuick Information Systems."