Palm Beach ranked among top vacation home targets in the U.S.

Palm Beach is among the top destinations for vacation home buyers in the country, according to Barron’s Penta magazine. The town was ranked 15th on a list of the top 20 second-home destinations, followed by Sun Valley, Idaho, the Palm Beach Daily News reported. “Residents joke that you never realize how young you are, or how poor, until you visit Palm Beach,” the magazine said of the town. “The tight space of Palm Beach, a heavily-developed barrier island, tends to support real estate prices. But folk near retirement eventually trade down.” [Palm Beach Daily News]