[golfproz]

I’m not from down south but I’ve played Bear Creek quite a few times. It’s a great course and has many beautiful homes around it. It’s been there for while, I think it opened in 1983. Most of the homes around the course have been there a while. There are a few newer homes but the course it pretty well built out now. Theres acres of empty land to the north and in the hills to the west but around the actual course its built out. You will pay a hefty premium to live within the gates. Most of those homes are up in the 1 million plus area. I did find this one though for $700K, right on the 11th tee. Price wise this looks like a good deal for Bear Creek.

http://redfin.com/stingray/do/printable-listing?listing-id=1164396

Just remember when looking at homes on golf courses that you want to stay away from home on fairways, especially homes on the right side of fairways. Buy behind a tee box or a near the green.

[golfproz]

To get back to historical “norms” prices will need to drop to 2001 levels. I think the speed and depth of the drops we are already seeing in the IE would indicate that this might be worse than even the most bearish of us have imagined. I am already finding homes 50% off peak in some areas of the IE. 40% off peak (approx 2003 prices) is so easy to find that it’s not even news any more. I’ve already found nice homes selling for $80s/f some areas. It was only a few months ago that $100 s/f was making news. Now you can find hundreds of homes selling for around that. This snowball has just started rolling!

[golfproz]

To get back to historical “norms” prices will need to drop to 2001 levels. I think the speed and depth of the drops we are already seeing in the IE would indicate that this might be worse than even the most bearish of us have imagined. I am already finding homes 50% off peak in some areas of the IE. 40% off peak (approx 2003 prices) is so easy to find that it’s not even news any more. I’ve already found nice homes selling for $80s/f some areas. It was only a few months ago that $100 s/f was making news. Now you can find hundreds of homes selling for around that. This snowball has just started rolling!

[golfproz]

To get back to historical “norms” prices will need to drop to 2001 levels. I think the speed and depth of the drops we are already seeing in the IE would indicate that this might be worse than even the most bearish of us have imagined. I am already finding homes 50% off peak in some areas of the IE. 40% off peak (approx 2003 prices) is so easy to find that it’s not even news any more. I’ve already found nice homes selling for $80s/f some areas. It was only a few months ago that $100 s/f was making news. Now you can find hundreds of homes selling for around that. This snowball has just started rolling!

[golfproz]

To get back to historical “norms” prices will need to drop to 2001 levels. I think the speed and depth of the drops we are already seeing in the IE would indicate that this might be worse than even the most bearish of us have imagined. I am already finding homes 50% off peak in some areas of the IE. 40% off peak (approx 2003 prices) is so easy to find that it’s not even news any more. I’ve already found nice homes selling for $80s/f some areas. It was only a few months ago that $100 s/f was making news. Now you can find hundreds of homes selling for around that. This snowball has just started rolling!

[golfproz]

To get back to historical “norms” prices will need to drop to 2001 levels. I think the speed and depth of the drops we are already seeing in the IE would indicate that this might be worse than even the most bearish of us have imagined. I am already finding homes 50% off peak in some areas of the IE. 40% off peak (approx 2003 prices) is so easy to find that it’s not even news any more. I’ve already found nice homes selling for $80s/f some areas. It was only a few months ago that $100 s/f was making news. Now you can find hundreds of homes selling for around that. This snowball has just started rolling!

[golfproz]

It’s possible that all the bail out talk gave people a spark of hope. This may have enticed them to make a payment in the hopes that the bail out would save them. I’ve also read it’s not good fromn a PR standpoint to kick people out of their homes over the holidays.

[golfproz]

It’s possible that all the bail out talk gave people a spark of hope. This may have enticed them to make a payment in the hopes that the bail out would save them. I’ve also read it’s not good fromn a PR standpoint to kick people out of their homes over the holidays.

[golfproz]

It’s possible that all the bail out talk gave people a spark of hope. This may have enticed them to make a payment in the hopes that the bail out would save them. I’ve also read it’s not good fromn a PR standpoint to kick people out of their homes over the holidays.

[golfproz]

It’s possible that all the bail out talk gave people a spark of hope. This may have enticed them to make a payment in the hopes that the bail out would save them. I’ve also read it’s not good fromn a PR standpoint to kick people out of their homes over the holidays.

[golfproz]

It’s possible that all the bail out talk gave people a spark of hope. This may have enticed them to make a payment in the hopes that the bail out would save them. I’ve also read it’s not good fromn a PR standpoint to kick people out of their homes over the holidays.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

[golfproz]

This is a ridiculous question, another troll. Ask a thousand people and you will get 1000 different answers as to why they did not buy in a certain year. So here’s my sob story. I could not move up in 2001 thru 5 because my wife was in school. In 2005 we did not buy because at that point it was obvious that the structural integrity of the bubble was at critical load. We decided to pay off the school loans and credit cards. Now we are debt free (except for our current puny mortgage). When the prices in our target area hit my target price we will buy our next home. Hopefully that will happen soon, at the rate prices are falling up in our area it will not take very long.

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