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Vacation home prices have fallen almost 40% since the peak and the bargains are attracting buyers, especially at the high end of the market. Here's a sampling of deals you can find in winter vacation hotspots across the U.S.
While Park City is known for its world-class winter sports (it was one of the sites used for the 2002 Winter Olympics), it offers a lot more than peaks and powder. Each January, the town is crammed with celebrities, movie producers and up-and-coming directors for the Sundance Film Festival, the nation's largest independent film festival.
Located on a two-acre lot in the mountains east of town, this house has a screened-in porch, boasts gleaming hardwood floors and offers ample space for big parties.
The asking price is 18% less than when it was first listed back in mid-2011.
For further information: Trulia