Harold Bubil, real estate editor of the Herald-Tribune Media Group in Sarasota, Florida, recently wrote that millions of dollars are being spent in southwest Florida to keep existing golf courses in top condition, but local developers aren’t interested in building new layouts.
“Just shoot me,” said one real estate developer, who asked that his name not be used, “if I ever mention developing another golf-course community.”
Bubil cited a National Association of Home Builders (NAHB) survey that said two-thirds of homebuyers do not want to live on a golf course. That is more than even having a master bathroom that has no tub (51 percent), laminate countertops (40 percent) or ceramic-tile counters (30 percent).
PHOTO COURTESY OF MICHELANGELOBOY/SIGNATURE/ISTOCK