A new strategy to secure liquidity in your golf community home
If you’re like many people who have transitioned to Florida, you may have purchased a home with a view of a beautifully manicured golf course. Why not? You love to golf and plan to hit the links as much as possible while enjoying the Sunshine State.
However as the younger Baby Boomer and Generation X begin to migrate south, they do not appreciate the game of golf as much as older generations. Many members of these generations are opting to purchase homes in communities that do not have a golf course. In addition, many luxury housing developments with a focus on golf home values have plateaued and even have begun to lose value.
Recently, I had a conversation with a client who was contemplating purchasing a home in a high-end golf community in Naples. In our discussion, I asked him