Golf Communities Need to Be More than Golf to Sell Homes
June 1, 2015
According to the Wall Street Journal, "To sell homes, golf communities can't just stick to golf. Luxury developments now include amenities like fishing ponds, skate parks, and movie theaters to attract wealthy buyers."
Partner Henry DeLozier weighs in on the issue of whether golf expansion efforts can sustain golf communities in the long term, "Golf remains very important to golfers, which comprise about 8.5% of the U.S. population and 20% of the market segments that purchase homes in masterplanned club communities."