Business Week’s Golf Digest has a detailed article about homes on golf courses and how the housing market has affected them. As we’ve seen here, sales on waterfront property have continued to be slower than normal, but indeed, golf course homes and condos are still sought after…perhaps due to lower prices and insurance.
Golf Digest and BusinessWeek commissioned a golf and leisure research company out of Omaha to survey thirty some golf resort areas and report on their findings about the real estate sales.
The Longitudes Group research company reports that those owning golf-course properties in places like Myrtle Beach, (up 34% over the past year and 126% over the past five years) and so...