Are Golf course properties more valuable
For the last twenty years builders have been building elaborate communities focused around golf courses. Unfortunately since the recession golf course communities have not always fared well. I saw this interesting article in the Denver Post:
http://www.denverpost.com/business/ci_23865474/solheim-cup-could-boost-colorados-struggling-golf-industry I’ve thought for a while that the number of golf communities is substantially overbuilt in Colorado. There are less people playing golf and yet more courses to choose from. As a result of this disconnect values have been impacted. If you are looking to buy a home in Colorado, based on market trends, one should not pay a premium to be in a golf community in the majority of cases.
Fairview specializes in private lending throughout Colorado (including the golf communities). I hope you enjoyed the article and please keep Fairview in mind for any of your non-conventional lending needs throughout Colorado. To learn more about our Colorado private lending guidelines please visit: www.cohardmoney.com