It is a buyer's market for consumers interested in buying property in a golf community, whether a hotel resort with residences or a residential-only development.
Gregory Nathan, the chief business officer for the National Golf Foundation, a golf market research provider, said that a building boom from 1986 to 2006 produced a flood of homes at top-quality golf courses, mostly in the United States but internationally, too.
"There is still plenty of supply to spare, and the competition among golf communities to woo buyers is fierce," he said.
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