Three golf-rich real estate markets
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CREDIT: Long Realty Co.
The recession may have eaten into your 401(k), but it also has produced some of the best real estate deals in years. Here are three golf-rich markets that might yield the golf home of your dreams—for a fraction of what it once cost.
Tucson, Ariz.
The market: "Tucson has much more inventory than we've seen in many years," says Janell E. Jellison, a top producer at 80-year-old Long Realty Company in Tucson. "Bank REO properties are continuing to hold prices down, so this year it will be a buyer's market for winter visitors, with a great selection and variety of homes to choose from. And, of course, lots of sunshine to go with that."
Price: $749,000
Location: Ventana Canyon, with two 18-hole, private resort Tom Fazio designs.
Value: This gated-community home with course views and golf cart access to Ventana started at $1.195 million more than two years ago. It's a spacious 2,892 square feet, has four bedrooms and serves up vistas of the scenic Catalina Mountains and Tucson's city lights.
