I played golf in Hartford (CT) a couple of weeks ago and during the walk, one of my playing partners, a well-traveled rater for Golfweek magazine, offered that the difficulty of Jack Nicklaus golf courses was starting to have an effect on the value of homes in golf communities with the Golden Bear’s layouts. I play regularly the Nicklaus’ Signature golf course at Pawleys Plantation, south of Myrtle Beach, and while the layout is certainly difficult and play there can be slow when vacationers foolishly play the wrong tees -- signs that try to advise them are largely ignored -- I wasn’t going to challenge the Golfweek rater during the round. But I have started my research with an eye to writing about the relationship of real estate and the difficulty of golf courses. Stay tuned.

        The rule of thumb for the real estate market after 2007 was that those areas whose prices had risen the fastest and farthest to that point wound up falling quicker and deeper post 2007. Think Phoenix, Las Vegas, Miami and Naples.  But after paying the piper for those wild swings upward, those markets are seeing some of the most robust price increases in the last couple of years as baby boomers who put their retirement relocation plans on hold in order to rebuild their portfolios are back in motion again. Naples, for example, is hot again, according to the latest data from the local Board of Realtors.