Nov 14, 2016
Hold the Stairs

(BALTIMORE, MD) According to the National Association of Home Builders, 55-plus households will make up almost 45% of all households in the country by 2024. That makes them a demographic to be reckoned with in the housing market. One potential target for aging boomers may be age-restricted residential communities, according to a report in The Baltimore Sun. Municipalities like these communities because they won’t tax local school systems. For boomers, the draw is obvious: less maintenance, plenty of quiet, and amenities tailored especially for them. At Stoneleigh Summit, in the Baltimore area, the 55-plus crowd also gets something that’s high on their list of wants: homes designed so they can live on just the first floor, without climbing stairs.

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Nov 11, 2016
Soaring Like an Eagle

(BULLARD, TX) Located on the shores of 26,000-acre Lake Palestine, outside of Tyler, Texas, Eagle’s Bluff Country Club is enjoying new success under member ownership. Bullard Banner News reports “It’s been two years since sixteen members of Eagle's Bluff Country Club purchased the country club, in which over $2 million has been invested in the Eagle’s Bluff clubhouse, golf course, and amenities, allowing the club to shake off its previous reputation.” Under the new ownership, 180 new members have joined the club and it was named the top private club golf course in East Texas. The rebirth of the club has also been bolstered by the purchase of all the remaining land that went with the property. Eagle’s Bluff is now offering 60 home sites in Phase 1.

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Nov 09, 2016
Just Say No?

(VAIL VALLEY, CO) While California, Massachusetts, and Nevada voted to legalize marijuana yesterday, residents at the high end Colorado golf community, Cordillera, were fighting plans to convert the Lodge & Spa at Cordillera into a drug treatment center. The Denver Post reports that Cordillera’s PUD regulations allow the conversion into a drug treatment center, a decision that has not pleased residents. “The plan marks yet another challenge for Cordillera, which struggled through the economic recession,” writes the Post. The community was hit hard in the real estate recession, but has battled back from bankruptcy. Troon runs its three championship golf courses, designed by Hale Irwin, Jack Nicklaus, and Tom Fazio. The community is fighting the ruling that would allow the drug treatment center.

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Nov 07, 2016
Top 10 Coldest Housing Markets

(NEW YORK) While homes are flying off the proverbial shelf in some parts of the country, not so much on this list of the U.S.’s coldest real estate markets compiled by website But it’s not what you might think. Instead of just compiling numbers for markets where home sales are the absolute worst, they started with the country’s 100 largest metropolitan areas. They ranked them for median home price and median days on the market. Then they filtered out cities where the unemployment rate ranks in the bottom 20% of major U.S. metros. All to ensure that the cities that made the list are places you would actually want to live. They could just as easily have called this list the “Top 10 Overlooked Real Estate Markets” or “Top 10 Bargain Markets.” But then we probably all wouldn’t be giving it a look-see.

Coldest U.S. Housing Markets:

1. El Paso, TX

2. Albany, NY

3. Virginia Beach, VA

4. Winston-Salem, NC

5. Augusta, GA

6. Columbia, SC

7. Allentown, PA

8. Greensboro, NC

9. Birmingham, AL

10. New Haven, CT

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Nov 04, 2016
Saving Wood Wind

(WESTFIELD, IN) Golf course owners are making tough decisions these days and more often than not they are resulting in course closings. Which makes Pulte Homes’ development proposal for Wood Wind Golf Course all the more special. Pulte Home’s proposal is the only one, out of five, that doesn’t eliminate the course in favor of building houses. Instead, reports Current in Westfield, their plans call for enhancing the golf course and making it in the center of the development. They plan to invest more than $5.5 million to relocate four holes and create an amenity center, along with building houses on the west side of the course. That’s important because Wood Wind is the city’s only public course, offers both a youth and high school program, and over the past eight years has helped raise $6.5 million in charitable donations through golf outings.

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