Toby’s chart of communities includes inventory levels of unsold homes –- Hammock Dunes has a whopping 58 months worth – as well as an accounting of how many homes are lender owned and distressed, how many homes have sold and at what median prices. It provides an eye-opening snapshot of just how severely Florida real estate has suffered during the recession and, by implication, what kinds of bargains are available in golf communities for those with a little appetite for risk.
You can read Toby’s article at gotoby.com. If you have specific questions about Florida golf communities. please contact me and I will be happy to help.