Tag Archives: PrivateCommunities.com

Second Home Spotlight: The Fractional Ownership Option

Posted on June 14, 2010 by privatecommunitiesnewswire.com| Leave a comment

Fractional ownership of high-end vacation/second homes is the upscale cousin to timeshare and a popular second home ownership option throughout the U.S., Canada, Europe, and the Caribbean. While wholly-owned vacation homes have been traditionally viewed as the optimum investment, in desirable areas they have become increasingly expensive, out-pacing discretionary income for a large majority of U.S. households. The amount of time a second home is used is also at issue, as owners will budget upkeep into the equation on a per-week-of-use basis. A formal approach to shared ownership was developed about 25 years ago. Within the genre’s evolution, “Timeshare” and “Fractional” have become interchangeable terms, although neither catch phrase is particularly popular with Baby Boomers who represent the primary buyer. Thus, the Private or Resort Residence Club has become the vernacular of choice for upscale fractional ownership products. Interestingly, while the product has traditionally been part of the resort model, private communities are now offering this affordable program as an entry level product that permits potential residents to “kick the tires” so to speak.

Resort real estate practitioners believe that the shared-ownership industry will rebound rapidly and with vigor as the economy makes its way through recovery. Reasons for this opinion are varied but focus largely on the product concept, which is founded in ease of ownership, flexibility, and personal use rather than speculation and investment. Lock and leave, hassle-free vacation home ownership enhanced by high-quality services and amenities would not be expected to go out of vogue anytime soon, and remains a popular second home option within the upscale resort environment. The shared-ownership product appeals to a broad audience and levels the playing field for those that cannot afford a whole ownership product in a luxury resort environment, or can’t justify owning a second home that goes unused most of the time.

Hampton Lake Amenities

Recently introduced shared-ownership products include The Sanctuary at Hampton Lake, located within the private Hampton Lake community in South Carolina’s lowcountry. The 25 Club residences will be offered in 1/8 shares starting at $175,000 during the introductory period. All homes are 3,100 square feet and are accessorized right down to the bicycles and golf cart waiting in the garage. The units provide for comfortable sharing with two master suites and a study on the main level and a “bunkhouse,” bath, and owner storage on the second floor. A full-service concierge program will be available and residents will have full membership privileges at all of Hampton Lake’s recreational spa and fitness facilities, including access to the adjacent championship Pete Dye Signature golf course at Hampton Hall.

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Posted in Second Homes

Tagged Second Homes, PrivateCommunities.com, Private Communities, Second Home, Vacation Homes, Fractional Ownership, Destination Amenity Communities, real estate trends, Luxury Real Estate, resort communities, South Carolina Real Estate, south carolina, Fractional Second Homes, fractional vacation homes, resort homes

Real Estate Trends: Vacation Home Sales on the Rise

Posted on June 11, 2010 by privatecommunitiesnewswire.com| Leave a comment

First-time home buyers are not the only ones taking advantage of low prices and interest rates. According to the 2010 National Association of Realtors® (NAR) 2010 “Investment and Vacation Home Buyers Survey” vacation home sales increased 7.9 percent last year. In comparison, primary residence sales rose 7.1 percent. The general consensus is that the housing market has bottomed – finally. A recent Gallup poll concurs, with 77% of respondents believing this to be the case. In music to builder’s ears, new home sales jumped 27% in March, the biggest one-month gain in nearly five decades (since 1963). Standing new home inventory has declined for 31 straight months to achieve an all-time low and the reported March sales activity represents an impressive 23.8% year-over-year improvement. In other encouraging news, the closely watched S&P/Case Shiller Home Price Index reported its first annual increase in more than three years and one recent industry survey showed that more than half of agents polled reported that their selling customers received 95% to 100% of their asking prices. This compares to 53% in 2008 and 52% in 2006. Housing industry think-tank MacroMarkets recently surveyed more than 100 analysts and market strategists. Consensus findings suggest a 12.4% increase in housing prices by 2014 while some gurus think that rate could be as high as 37%.

Interest rates remain at historical lows – in the 5% range – and some lenders are once again funding jumbo loans, (mortgages exceeding $417,000) an encouraging indicator of a loosening credit market and continued interest in luxury residential investment. Nevertheless, the tighter credit market has more buyers paying cash for property, a condition that is serving to move standing inventory. According to Move.com, more than 12% of buyers plan to use 100% cash to purchase a new property and nearly 13% will use a cash down payment of more than 50%.

The practicality of the matter is that no matter what condition the market is in, each individual must assess his or her specific conditions when considering the purchase of a new home, a second home or a retirement property. As buyers come off the bench, inventories will diminish and prices will increase as demand begins to exceed supply. If you are in the market for a new or second home, the cost of living in your market of choice should carry as much weight as the cost of the home you wish to purchase. According to a study conducted by Where to Retire magazine, certain markets can provide as much as a 30%+ cost of living savings. Myrtle Beach, SC, and Asheville and Wilmington, NC rank amongst these, and tax-free states such as Florida and Tennessee are seeing increased buying activity. Check out PrivateCommunities.com to learn about the myriad opportunities that are currently available in these markets and others.

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Posted in Home prices, Housing Market News, Luxury Real Estate, Real Estate News, Sales of Private Communities, Second Homes, Vacation Homes

Tagged Second Homes, PrivateCommunities.com, Retirement, Private Communities, Second Home, Vacation Homes, real estate trends, Luxury Real Estate

Second Home Spotlight: North Carolina Wine Country

Posted on June 9, 2010 by privatecommunitiesnewswire.com| Leave a comment

North Carolina’s reputation as a second home and retirement haven for splitters and half-backs is well known. But a less known fact is that by the dawn of the 20^th century, North Carolina had become the leading wine-producing region in the nation and since 2001, the number of wineries has more than quadrupled; approximately 90 vineyards now dot the landscape from the Outer Banks to the Piedmont.

When Sir Walter Raleigh first landed on the beaches of the Outer Banks, his men reported that it was “so full of grapes as the very beating and surge of the sea overflowed them.” During the 17^th and 18^th centuries, settlers planted cuttings from the parent muscadine vine found on Roanoke Island. Imported European vinifera grape vines followed and were found to thrive in the Western and Piedmont regions. The Yadkin Valley is one of the most productive wine growing regions in the state, producing award-winning Cabernet Sauvignon, Cabernet Franc, Merlot, Syrah, Chardonnay, Riesling and Viognier varietals. The industry has become quite popular as a tourist attraction and tours and wine tasting events are relatively common throughout the state, year-round.

Lake James

The North Carolina Wine Festival is the largest event of its kind in North Carolina; more than 25,000 people attended last year. The Headwaters at Banner Elk, a private mountain community located north of Asheville, was a Presenting Sponsor of this year’s event at which more than 30 wineries presented their wares. The pairing of the festival and Headwaters makes for a perfect match. The private luxury community has embraced a sustainable, environmentally responsible development concept that respects and supports the natural ambience of the region. Other stewards of the land located within the western North Carolina mountain region include Balsam Mountain Preserve located near Waynesville; Creston, located in Black Mountain just east of Asheville; Ciel, a low density “green” community located less than ten miles from downtown Asheville, and 1780 and Old Wildlife Club on Lake James in Morganton. All are surrounded by dense natural forests and exhibit a distinct respect for the area’s tradition of conservation by preserving the land with its native flora and fauna for future generations.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Green, Luxury Real Estate, North Carolina Communities, Private Communities, Second Homes, Vacation Homes, second homes in private communities

Tagged Second Homes, PrivateCommunities.com, Private Communities, Private Communities Newswire, North Carolina, Green Living, Second Home, Asheville, Vacation Homes, Splitters, North Carolina Retirement, Luxury Real Estate, north carolina second homes, half-backs, North Carolina Wine Country

Second Home Destination Spotlight: Park City, Utah

Posted on May 20, 2010 by privatecommunitiesnewswire.com| Leave a comment

Located about 30 miles from downtown Salt Lake City, Park City, Utah is the little mining town that could, transforming itself into a wealthy four-season resort on the heels of economic upheaval. Park City thrived in the late 1800s as a silver mining boom brought crowds of prospectors and wealth to this outpost surrounded by the Wasatch Mountains. The town was virtually destroyed by fire in 1898 and suffered through two wars and the Great Depression as the price of silver plummeted. By the1950’s it came close to being defined as a ghost town, hanging on by a thread, when “Parkite” miners presented a proposal for a ski resort called Treasure Mountain. The resort opened in 1963 on 10,000 acres marking the beginning of the area becoming known as a destination ski mecca with the “Greatest Snow on Earth.”

Today, Park City Mountain Resort, Deer Valley Resort and The Canyons Resort draw more than three million visitors annually. Ski Magazine readers named Deer Valley as North America’s top ski resort three years in a row, but Park City is much more than snow. It is also well known for unparalleled year-round outdoor recreational and leisure activities including blue-ribbon fly fishing, kayaking and white water rafting, hiking and biking expeditions, horseback riding, championship golf, hot air balloon and glider plane adventures, and a variety of local cultural events. The Sundance Film Festival is the largest of its kind in the US and attracted more than 40,000 attendees and contributed more than $90 million to the state economy in 2009. Park City is one of the wealthiest cities in the United States and has been named by Forbes Travel among the 20 “prettiest towns,” boasting a colorful and energetic main street where 64 Victorian buildings are listed on the National Register of Historic Places.

Wolf Creek Ranch, a unique private, gated community is located mere minutes from Park City and yet has a remote persona. This low-density property shares seven miles of common border with the 2.2 million-acre Uinta National Forest, and has a strong commitment to the environment, having designated 95% of its 14,000 acres to conservation. Each 160-acre estate homesite is two miles around at its perimeter. Roughly the size of Manhattan island, the 14,000-acre property provides refined ranch living enhanced by abundant recreational opportunities including private fishing on the upper Provo River and 50 miles of groomed trails for hiking, biking or horseback riding. Whether as a second home or retirement destination, Wolf Creek Ranch brings out the inner cowboy in a pristine four-season private environment.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Family Gatherings and Second Homes, Luxury Real Estate, Second Homes, Vacation Homes, second homes in private communities

Tagged Second Homes, PrivateCommunities.com, Private Communities, Second Home, Retirement Homes, Vacation Homes, Destination Amenity Communities, Luxury Real Estate, Affluent Lifestyle, Utah, Park City, Salt Lake City, four-season resort, ranch living

Festival Fever in Western North Carolina

Posted on May 17, 2010 by privatecommunitiesnewswire.com| Leave a comment

Summer’s right around the corner and the Western North Carolina mountain region is busy in preparation. Festivals abound in the area, attracting vacationers, residents and wannabes to leisurely meander from venue to venue, enjoying the fine weather, culture, and down-home friendliness that Western North Carolina (WNC) is so well known for.

This year’s WNC opportunities include the Blue Ridge BBQ and Music Festival to be held at Harmon Field in Tryon, NC June 11^th-12^th. At the heart of the event is the Main Stage showcasing a variety of music — everything from blues, bluegass, folk and funk to zydeco. The Foothills Craft Fair provides an opportunity to stroll the Pacolet River and peruse a variety of local artist’s wares, and the heart and soul of the festival – the cookoff – features BBQ aficionados vying for the Governor’s Trophy.

An Appalachian Summer Festival will be held at Appalachian State University in Boone initiating May 27^th with a silent auction and concluding July 30^th with Ralph Stanley & The Clinch Mountain Boys performing. Amy Sedaris, the Eastern Philharmonic Orchestra, Patti LuPone, Janis Ian and Karla Bonoff, the Golden Dragon Acrobats, The “Wild & Scenic” Film Festival and Blood, Sweat & Tears with Chuck Negron are also on the playbill.

Down south a-ways, a free pre-concert lecture will be held on Friday, June 25^th at 6:30 pm to launch the Brevard Music Festival. The Brevard Music Center presents over 80 concerts throughout the seven-week festival, which showcases the Institutes’ three orchestras accompanied by world-class visiting artists such as Yo-Yo Ma, Joshua Bell and Midori. Opening Night this year will feature Frederica von Stade and conductor Keith Lockhart. Brevard’s renowned summer festival attracts tens of thousands of listeners each and every year.

And of course it wouldn’t be summer without Bele Chere, Asheville’s 30-year-long salute to summertime. This three-day street festival will be held July 23-25, 2010 in Asheville’s historic downtown and has grown to attract 300,000 to 350,000 people over the three-day period to enjoy live music, arts, crafts and food. The festival also hosts the largest road race west of Charlotte. The 5K race registered more than 1,400 runners in 2009 and expectations are for over 1,600 runners to toe the line for the 31st race this year. One dollar from every entry will go to the Asheville Track Club’s Shoe Fund, which provides running shoes to disadvantaged students in Asheville and Buncombe County. An additional dollar will be donated to the Association for Retarded Citizens. Taken from an ancient Scottish dialect, the term “Bele Chere” means “beautiful living,” an apt appellation for this host city.

Private communities also offer summertime opportunities, providing a variety of stay and play getaways. One fine example is Vista Developers’ VIP Weekends in which prospective buyers are invited to familiarize themselves with Vista’s portfolio of mountain communities. Community specialists will tailor a detailed tour of your choice to Vista at Bill’s Mountain, Vista at Blacksmith Run, Vista at Blacksmith Mountain, or Vista at The Riverbank. All VIP weekends include two nights’ lodging in a townhome at Vista at Bill’s Mountain near Lake Lure, and recreational opportunities are available including golf, tennis, horseback riding, fishing, and kayaking.

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Posted in Affluent Lifestyle, Private Communities, Second Homes, Tourism, Vacation Homes

Tagged Appalachian Summer Festival, Asheville, Bele Chere, blue ridge BBQ and music festival, Festivals, mountain region, north carolina second homes, Private Communities, PrivateCommunities.com, Second Homes, Vacation Homes, Western North Carolina

The Luxury of Service in Private Communities

Posted on May 14, 2010 by privatecommunitiesnewswire.com| Leave a comment

Oh, Concierge . . . At one time, nearly half of us couldn’t pronounce it; most of us couldn’t spell it; and some didn’t even know what it was. But today, “concierge” is increasingly on the minds and lips of homebuyers, and developers of private communities recognize the value of this luxury service.

Baby Boomers rule! They get what they want — and they want service. While no one blinks when discussing the wisdom of concierge and hotel-style services associated with vacation ownership, when it comes to the homestead, we think in terms of “do it yourself.” But that thinking is obsolete. Concierge services are on a fast track as THE private community amenity, second home or not. A well-designed and implemented concierge program serves to make the purchasing of a home and residing in a community as seamless and appealing as possible.

The concierge function not only provides a sense of connectivity to the community, it is a demand-driver for lifestyle; everything from introductions to other residents and local professional services, to acting as a link between the builder and the sales staff. Are you buying out of state? Concierge to the rescue — everything from providing information on obtaining a driver’s license to attendance at a decorator/option appointment can be handled at your command. Once moved in you’ll more than likely need dining reservations, theater tickets, directions to a point of interest, event planning, or perhaps even a canine concierge to take Mr. Puppy out for a walk in your absence. All can be within the domain of the concierge program. While some services may be complimentary, at some communities the program is a revenue center; i.e., fee-driven. Homeowners can choose from an extensive menu of services that can range from $500 to $5,000 or more per year. Packages may include airport transportation, pre-arrival shopping, house “exercising” when owners are not in residence, and a host of maintenance-related services.

Communities that boast concierge services include Frenchman’s Creek Beach & Country Club in Palm Beach Gardens, Florida and Golden Ocala Golf & Equestrian Club in Ocala, Florida. In addition, each of these communities has a portfolio of high-quality amenities including state-of-the art fitness facilities and full service Spas.

One might think that a concierge service program would be inherent only within the most expensive private communities, but that is not necessarily the case. More and more developers realize the intrinsic value of satisfying Baby Boomer demands efficiently and timely. In order to keep staffing costs down, virtual concierge services are becoming increasingly popular as more and more Boomers have become computer savvy.

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Posted in Affluent Lifestyle, Florida Communities, Luxury Real Estate, Private Communities, Second Homes, second homes in private communities

Tagged Second Homes, PrivateCommunities.com, Private Communities, Private Communities Newswire, real estate industry, Luxury Real Estate, Affluent Lifestyle, Florida Real Estate, baby boomers, luxury, Concierge, luxury housing trends

Private Communities’ Favorite Amenity – Green

Posted on May 12, 2010 by privatecommunitiesnewswire.com| Leave a comment

Green housing features are becoming a premium amenity in private community development. Both primary and second home buyers are looking to “green” as a means to lower home ownership costs, be environmentally responsible, and embrace a healthier lifestyle. Interest in green homes spans all income levels and the average green buyer will spend $12,400, on average, for green home features. Green building focuses on energy, water and resource efficiency, indoor air quality, and low volatile organic compound building materials. Perhaps the most well known product standard is the Energy Star rating, developed by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. With the help of the Energy Star program, Americans saved enough energy in 2007 to avoid greenhouse gas emissions equivalent to 27 million cars, all the while saving $16 billion on their utility bills.

But what, exactly, constitutes a green recreational amenity? While we know golf courses are certainly popular, demand for land that has no purpose other than to just “be” is growing. The age of authenticity has arrived and buyers want to know that they are a part of the movement. Passive recreational land promises to be the “gold” in the next real estate rush. While natural elements such as a resident cypress swamp might have been a detriment to property development and sales a few years back, under current definitions, it actually adds to the property’s cachet as buyers have come to value wetlands and all of their attendant flora and fauna. A swamp, much like a dense stand of forest, can also provide a buffer from development encroachment, placing a premium on property values.

Based on a National Association of Home Builders survey, nearly 60% of homebuyers prefer walking trails to any other amenity, ranking them higher than tennis, swimming pools, and golf. Developers are responding by including dedicated trail systems in their land plans and adding them to existing communities in spite of the fact that trails are often costly to install because they must be level and well lighted. The demand for low impact, natural, amenities reaches beyond the traditional primary residential community. Owners of vacation/second home properties are even more demanding, with expectations of on-site guided and programmed recreation much like that offered at a luxury resort. Family-oriented activities designed to appeal to the outdoorsman are crucial to the new private community prototype.

Oldfield, Okatie, SC

Camping is becoming an increasingly popular pastime and outdoor specialists can make the experience much more pleasurable by coordinating everything from the equipment and supplies to getting to the campground and finding the right fishing hole. Guided expeditions to off-site destinations require local expertise to formulate just the right experience. The Outfitter’s Center at Oldfield, a private community in South Carolina’s Lowcountry, can arrange a fly-fishing expedition guided by an on-staff river pro or a duck hunting adventure at nearby Turkey Hill Plantation. A key ingredient to providing a high-quality green recreational experience is a well-trained and well-versed staff. These “adventure concierges” include naturalists, fishing and camping guides, and kayak and ski instructors, and not only provide entrée and guidance to your recreation of choice, but insight into local folklore that makes the experience infinitely rewarding.

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Posted in Green, Housing Market News, Private Communities, Second Homes, Vacation Homes, second homes in private communities

Tagged Second Homes, PrivateCommunities.com, Private Communities, Private Communities Newswire, Green Living, Second Home, Vacation Homes, Destination Amenity Communities, real estate trends, real estate market, Real Estate Carolinas, South Carolina Real Estate, south carolina, green, green homebuilding, green amenities

Second Home Spotlight: Martin County, Florida

Posted on May 10, 2010 by privatecommunitiesnewswire.com| 1 Comment

Sailfish Point, Stuart, FL

Martin County has just been cited as one of the top five healthiest places to reside in the Sunshine State. The University of Wisconsin’s Population Health Center (WPHC) was awarded a $4.9 million grant from the Robert Wood Johnson Foundation last year to expand their statewide rankings to all 50 states. The study also found Martin County to have the “highest quality of life” based on a variety of health, lifestyle and environmental factors. The WPHC rankings draw attention to the fact that a community’s health is determined by more than just its health care system. People’s health behaviors and the socioeconomic and physical environment all contribute to a community’s level of health. That said, Martin Memorial Medical Center has been named one of the 2009 Thomson Reuters 100 Top Hospitals in the United States. It is the fifth time Martin Memorial has earned this esteemed distinction, making Martin County a popular retirement choice.

Nestled between tony Palm Beach and burgeoning St. Lucie counties, Martin County is comparatively laid back, boasting a low density, uncongested environment that provides each of its municipalities with a decidedly small-town feel. The City of Stuart’s historic downtown is a winner of the “Most Beautiful City” title from America In Bloom and hosts a variety of year-round events including the annual Treasure Coast Pirate Fest.

Situated at the confluence of the Atlantic Ocean, the Intracoastal Waterway and the St Lucie and Indian Rivers, Martin County boasts some of the best beaches and deep-sea fishing in the state. The area is also well known for its high-quality luxury private communities. Deep water marinas and copious championship golf layouts designed by some of the game’s greats including Pete Dye, Arthur Hills, Gene Bates and Jack Nicklaus, are the norm in private communities such as Willoughby Golf Club in Stuart and Piper’s Landing Yacht & Country Club and Harbour Ridge Yacht and Country Club, both in Palm City. If the ocean is your passion, Sailfish Point is a world-class, second home, island community offering a Jack Nicklaus Signature course, a beachfront country club, and a full service marina with immediate ocean access.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Florida Communities, Luxury Real Estate, Private Communities, Private Golf, Second Homes, Vacation Homes, golf communities

Tagged Second Homes, PrivateCommunities.com, Retirement, Private Communities, Private Communities Newswire, Private Golf, Second Home, Real Estate News, Vacation Homes, Destination Amenity Communities, Luxury Real Estate, golf courses, Affluent Lifestyle, florida second homes, Florida Real Estate, Martin County, Healthiest in Florida

The Country’s Largest Gated Community Celebrates its 40th Anniversary

Posted on May 7, 2010 by privatecommunitiesnewswire.com| Leave a comment

Hot Springs Village is so large that it spans two counties in central Arkansas. At more than 26,000 acres, this self-contained resort community has not one, but five gated entrances, approximately 8,000 private residences, and an estimated full-time population of 15,000 people – at last count. This year the community celebrates 40 years of attracting retirees and other primary residents, and second/vacation homeowners to its luxurious natural surroundings. Virtually every state in the union is represented within the gates of Hot Springs Village.

Recent estimates call for about 34,000 resident and non-resident property owners enjoying the many recreational and social attributes of this quaint community. Nine championship golf courses, four of which are consistently ranked among Golf Digest’s “Top 10,” a 19-court tennis facility, 11 recreational lakes for boating, fishing and swimming, two full-service marinas, 24 miles of dedicated nature trails, two sandy beaches with protected swimming areas, three community pools, a full fitness center with a three-lane walking track and heated indoor lap pool, and a 650-seat Performing Arts Theatre and Community Center have been cited as the catalysts for the enduring appeal of this mega-development, but its sense of community is equally attributable. Hot Springs Village boasts more than 200 social clubs and civic organizations providing the opportunity for camaraderie while appealing to a variety of interests. The purchase of property at Hot Springs Village includes a full membership to the club and access to all amenities. Services and conveniences within the Village include banks, shopping, dining, medical facilities, and more than 15 churches.

Hot Springs Village is located in close proximity to “America’s First Resort.” The city of Hot Springs has long been known as a destination health spa for its healing waters and historic bathhouses and hotels. It is surrounded by Hot Springs National Park, which encompasses the Quachita Mountains that rise above the downtown and historic Bathhouse Row. Hot Springs is home to a thriving arts community, high-quality medical facilities, and a host of cultural and educational opportunities, and was acknowledged by Where to Retire magazine as one of “America’s Most Affordable Retirement Towns” in 2005.

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Posted in Destination Amenity Communities, Gated Community News, Golf Community News, Golf Living, Second Homes, Vacation Homes, golf communities, second homes in private communities

Tagged Gated Communities, Gated Community News, golf courses, north carolina second homes, Private Communities, Private Communities Newswire, PrivateCommunities.com, real estate gated, Real Estate News, Retirement, Retirement Homes, Second Homes, Vacation Homes

Private Golf and Carolina Living

Posted on May 5, 2010 by privatecommunitiesnewswire.com| Leave a comment

Scotch Hall Preserve, a luxury private golf community located in coastal North Carolina has hired the World’s No. 1 Amateur Golfer as Director of Golf to oversee the operations and member events for its award-winning Arnold Palmer Signature golf course. Nick Cassini, a former PGA and European Tour professional played NCAA golf for the University of Georgia. In his senior year he was voted a First-Team All-American, and SEC Athlete of the Year. Cassini won the prestigious Porter Cup, was selected to the Walker Cup team, and was ranked the #1 Amateur Golfer in the World in 2001 by Golfweek. Cassini’s depth of experience playing a variety of courses around the world brings an exciting dimension to the Scotch Hall golf experience.

Located in North Carolina’s Inner Banks region where Albermarle Sound meets the Chowan River and Salmon Creek, Scotch Hall Preserve is just minutes from the historic towns of Windsor and Edenton, NC. The golf course, which features five holes that border Albermarle Sound, was named the 9^th Best New Private Golf Course in America by Golf Digest magazine.

The golf experience at Scotch Hall Preserve is the icing on the cake at this private, gated community which also offers an impressive array of family-oriented amenities including The Family Club Retreat replete with clubhouse, swimming pool and bathhouse, a Kid’s Adventure Camp, and an Outdoor Pursuits program designed to provide local recreational and educational opportunities for members and their families. The community’s waterfront location also provides convenient access to year-round boating and fishing in Albermarle Sound, Pamlico Sound and the Intracoastal Waterway. A private boat basin and 107-slip marina are also planned. Housing opportunities at Scotch Hall include maintenance-free cottages and custom home building sites with water, golf and wetlands views.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Gated Community News, Golf Community News, Golf Living, Luxury Real Estate, North Carolina Communities, Private Communities, Private Golf, Real Estate News, Second Homes, Vacation Homes, golf communities, second homes in private communities

Tagged Arnold Palmer Signature, Carolina, Cassini, Coastal Carolina Real Estate, coastal living, Destination Amenity Communities, Gated Communities, golf, golf courses, Luxury Real Estate, No. 1 Amateur Golfer, North Carolina, North Carolina Retirement, north carolina second homes, private clubs, Private Communities, Private Communities Newswire, Private Golf, PrivateCommunities.com, Real Estate Carolinas, Retirement, Second Home, Second Homes, Vacation Homes

Sunshine on the Rise – Investment Activity Increases in Florida

Posted on May 3, 2010 by privatecommunitiesnewswire.com| Leave a comment

According to the latest quarterly survey conducted by the University of Florida’s Bergstrom Center for Real Estate Studies, foreign and domestic investors have returned to the Florida market. Recent sales and pricing activity on the housing front support this thesis.

Florida saw unswerving growth for decades, expanding from 2.7 million residents in 1950 to 19 million in 2009, fueled significantly by retirees seeking warm weather and affordable living conditions. But the influx served to spike housing values and markets throughout the state became focused on attracting wealthy splitters and snowbirds, exacerbating the affordability issue. By 2008, the state had the dubious distinction of having some of the priciest housing in the country while losing population for the first time in more than 50 years as half-backs deserted to more affordable markets such as the Carolinas. As the nationwide housing bubble continued to take its toll on homeowner equity, the Sunshine state’s allure as a retirement and second home haven suffered accordingly, despite home prices having dropped 46% (on average) since their peak.

Lower prices have served to turn things around in Florida as it is once again on everyone’s radar — residents, second home buyers and investors alike. In July 2009, the Florida Association of REALTORS reported that existing home sales had increased 18% over the previous year and existing condominium sales had risen 21%. In Miami, the March 2010 median single-family home sales price represented a 3.8% year-over-year increase. And in Orlando, sales were up nearly 32% in March compared to March 2009 while pending sales rose more than 40%, suggesting a continuing trend of home sale activity.

Moody’s Economy predicts that economic growth in Florida will outpace the nation between 2011 and 2016. Unlike Florida’s heyday, the state no longer relies exclusively on retirement relocation and tourism for its economic health. Cosmopolitan areas such as South Florida (Miami-Dade, Broward and Palm Beach) and the high-tech corridor that stretches across the state from the Treasure Coast to Tampa are indicative of the state’s dedication to diverse economic development. A recent University of Central Florida study suggests that in-migration to the state will resume in 2011, and population growth is predicted to climb 1.5% by 2013. For perspective, that would account for nearly 300,000 new residents.

Florida has an abundance of beautiful communities from which new residents may choose. For more perspective on Florida communities, go to PrivateCommunities.com.

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Posted in Florida Communities, Home prices, Housing Market News, Private Communities, Second Homes, Vacation Homes

Tagged Second Homes, PrivateCommunities.com, Retirement, Private Communities, Investment Property, Retirement Homes, Vacation Homes, Splitters, snowbirds, Investment Options, real estate industry, Housing Market News, florida second homes, Florida Real Estate, half-backs, Investment, investors, real estate investment, Sunshine State

Balsam Mountain — Back on Top of the World

Posted on April 30, 2010 by privatecommunitiesnewswire.com| 1 Comment

It’s a bright new day at Balsam Mountain Preserve. After a brief six-month hiatus, one of the Southeast’s premier private communities is back on track led by international resort industry veteran and expert Ken Costanzo. In his role as president of Balsam Mountain Preserve, a private golf community located in western North Carolina, Costanzo is dedicated and optimistic: “The worst of the real estate downturn is behind us. Balsam Mountain Preserve now has the advantage of stable, institutional ownership and no debt; we’re moving forward expeditiously to complete this exceptional project in one of the country’s most beautiful settings.”

The two-year-long economic debacle has hit builders, developers and homeowners particularly hard. Just recently we reeled from the purportedly nefarious practices of Wall Street bankers as many highly successful private communities continue to feel the proverbial “pinch of the shoe” while attempting to ride out the “perfect storm.” The turn-around at Balsam is a decidedly positive sign.

Immediate plans at Balsam Mountain Preserve call for the May opening of the Arnold Palmer Signature golf course for the season, and the marketing and sales of the community’s remaining 100 or so building lots. Set deeply in the dense forests adjacent to the Great Smoky Mountains National Park in close proximity to Asheville, Balsam Mountain Preserve is a beacon for environmental stewardship. More than 3,000 of its 4,400 acres (77% of the community) have been placed in a permanent conservation easement to protect and sustain its park-like ambience. Just 354 families will have the opportunity to own a home at Balsam Mountain Preserve.

Ruby Valley Sports Camp at Night

In addition to the championship golf course and golf practice park, the community offers the Ruby Valley Sports Camp complete with fitness center, tennis courts, swimming pool and activity pavilion; horseback riding on 34 miles of private community trails; Dark Ridge Camp with pavilion, bunkhouse, numerous camping sites and trout fishing; a nature center featuring on-site Naturalists and a “Boarding House” that includes ten mountaintop cabins, a timber-framed restaurant, lounge and gathering room with a massive stone fireplace. Balsam has been recognized by Links magazine and Travel + Leisure Golf as one of the top private golf communities in the state of North Carolina.

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Private Communities and Philanthropy

Posted on April 28, 2010 by privatecommunitiesnewswire.com| Leave a comment

The Reserve at Lake Keowee

At a time when many private communities are suffering the ills of Wall Street, they recognize their responsibility to local residents and are generously giving back. One such community is The Reserve at Lake Keowee in Sunset, South Carolina.

The Reserve at Lake Keowee’s Charitable Foundation has pledged $20,000 to four local non-profit organizations that provide support to the communities around Lake Keowee. On April 12^th, members of The Reserve Charitable Foundation’s Outreach Committee proudly distributed $5,000 checks to four deserving Pickens County charities: Prevent Child Abuse of Pickens County, Pickens County Meals on Wheels, Mary’s House, and Helping Hands of Clemson. Funded by The Reserve’s real estate sales, the non-profit charitable foundation assists local organizations through its Outreach program and facilitates volunteer opportunities for its residents. Property owners also play a pro-active role in the foundation’s activities by suggesting beneficiary charities.

The Reserve at Lake Keowee has been the recipient of many awards including ranking among Travel + Leisure magazine’s “America’s Top 100 Golf Communities” in 2007, 2008 and 2009. The private lake and golf community stretches across 3,900 acres and 30 miles of Lake Keowee shoreline and has more than 550 homeowners from more than 30 states. $100 million in completed family-friendly amenities, including a Jack Nicklaus Signature golf course, a 200-slip marina, a Village Center and more than 1,400 acres of parks, preserves, trails and green space will serve as the backdrop for the community’s four-day Memorial Day celebration beginning on Friday, May 28^th. Scheduled events include a Kids’ Biathlon, a Boat Show, Boat Parade and Blessing of the Fleet, a cookout, and “Pooches on Parade.” The event will come to a close on Monday the 31^st with a Flag Golf Tournament. In the spirit of the community, proceeds from a Wine Auction on Friday night will benefit The Foothills Humane Society.

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Green Communities — A Growing Trend

Posted on April 26, 2010 by privatecommunitiesnewswire.com| 1 Comment

Bald Head Island, North Carolina

The Conservation Easement Incentive Act of 2009 was recently passed in the House of Representatives by a vote of 241-181. The bill promotes the use of conservation easements by allowing private landowners to retain ownership and control the management of their property, while ensuring that the physical integrity of those lands are conserved for the future. Over the last two years, 535,000 acres were put into trusts, representing a 50% increase and a growing appreciation of, and responsibility to the “green movement,” particularly with respect to private, second home and vacation destination communities.

Some private communities have been ahead of the curve, using conservation easements and deed restrictions to protect the land and its indigenous wildlife while providing exceptional private lifestyle experiences. Balsam Mountain Preserve, located just off the Great Smokey Mountain Expressway in western North Carolina, has placed 3,000 of its 4,400 acres into a conservation easement resulting in an extraordinarily low-density environment of just 354 residences. In addition to its abundant natural amenities recreational opportunities include championship golf, equestrian, tennis, and fitness facilities, and family campgrounds, replete with bunkhouses and bathing facilities.

A shining example of the successful application of deed restrictions is Spring Island in South Carolina’s Lowcountry. Over 1,200 of the community’s 3,000 acres are dedicated to nature preserves managed by the Spring Island Trust, a non-profit, third-party entity created solely for the purpose of protecting the land. The community contains just 410 homesites, an on-site nature center, an equestrian center and 35 miles of riding trails, more than 30 freshwater and saltwater ponds for fishing, and the award-winning Arnold Palmer/Ed Seay-designed golf course that meanders through a 150-year-old live oak forest and along the marsh and the community’s famous Tabby ruins. Balsam Mountain and Spring Island are Chaffin/Light communities, leaders in environmentally responsible community development.

Palmetto Bluff, Bluffton, SC

Resort communities that have taken the “green” initiative Palmetto Bluff. Located in coastal South Carolina, this 20,000-acre property began by setting aside 6,500 acres as managed forest and putting another 734 acres into a conservation easement. The waters surrounding Palmetto Bluff team with wildlife and nearly 200 acres have been dedicated to equestrian activities. The southernmost of North Carolina’s Cape Islands is Bald Head Island, a private retreat boasting thousands of acres of unspoiled coastal preserves. The island is accessed via a 20-minute ferry ride from Southport, and the absence of automobile traffic on the island speaks to the sublime nature of this luxury resort community. Bald Head is extending the availability of its Island Passport Package through the end of the year for those who wish to visit.

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Traditional Neighborhood Development – A Lifestyle for the Times

Posted on April 21, 2010 by privatecommunitiesnewswire.com| 2 Comments

The composition of the American household has changed dramatically over the years and will continue to morph well into this century. Fueled by an aging Baby-Boomer-dominated population, trends suggest that more households will consist of smaller families, singles and unrelated people. The impact on primary and secondary housing has already begun to emerge. A diversity of smaller home designs within large mixed-use master-planned communities in urban, suburban and rural locations is becoming a popular lifestyle choice. These self-sufficient communities offer residents the opportunity to live, work, and play without having to get into a car, and are the perfect venue for Traditional Neighborhood Development (TND), a clustered, pedestrian-friendly community concept. The TND lifestyle tends to attract people who value social interaction, cultural and economic diversity, pedestrian activities, housing variety, and environmentally responsible design. The clustering of diverse housing types to create neighborhoods within a single community brings people of many economic levels together. This is achieved through a broad array of housing options at various price levels. Nevertheless, housing values in the TND environment tend to exhibit as much as a 15% premium over conventional subdivision housing values in the same marketplace.

Daniel Island

A paradigm TND example is Daniel Island in Charleston, SC. This 4,000-acre private golf community boasts abundant natural amenities including 23 miles of shoreline, 400 acres of parks and open space, and more than 12 miles of trails woven throughout the community. The community comprises a variety of traditional neighborhoods and lifestyle enhancements that include two championship golf courses designed by Tom Fazio and Rees Jones, a comprehensive tennis facility, and a centrally-located downtown village offering retail shops, restaurants, a supermarket, medical offices, banks, churches and schools. And if straying off-island is your desire, the vibrant and historic city of Charleston is at your immediate disposal. One of the key tenets of the TND concept is a focus on the economic diversity of its residents. Daniel Island exemplifies this criterion featuring a variety of housing options with prices ranging from the $100,000s to more than $1 million. Daniels Island is a 2007 recipient of the Urban Land Institute’s prestigious “Awards for Excellence” and has been cited as one of “America’s 100 Best Master-Planned Communities” by Where to Retire magazine.

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South Carolina’s Lowcountry – Laid-Back Luxury

Posted on April 19, 2010 by privatecommunitiesnewswire.com| 6 Comments

South Carolina's Lowcountry

Definitions of luxury vary from person to person, but I think most would agree that luxury is palpable — yet unpretentious — in South Carolina’s Lowcountry. From its luxuriant marshes, picturesque inlets and unspoiled beaches, to its profusion of verdant golf courses and architecturally striking housing, the region is internationally renown for its history and culture, attracting millions of visitors and thousands of new residents seeking that “ahhhhh” sensation that is so typical a reaction to this bucolic destination.

Stretching from the ancient beach dunes of the Sandhills to the vibrant resorts of Hilton Head, the Palmetto State’s Lowcountry is dotted with dozens of quaint seaside retreats and fishing villages. Murrells Inlet has earned the title “ fish capital of South Carolina” for the fare drawn from its waters and served daily at the many restaurants lining the waterfront. Pawley’s Island, approximately 20 miles south of Myrtle Beach, is one of the country’s oldest beach resorts, and just half an hour away from the bustle of Myrtle Beach, Litchfield is noted for its miles of wide sandy beaches, world-class golf, village-style shops and fine dining. Just off the lowcountry coastline lie a bevy of islands that have established the region’s persona as a casual luxury resort destination. Edisto, Fripp, Kiawah, and Hilton Head are just a few that provide not only copious recreation opportunities and luxury accommodations but a variety of housing – everything from single family estate homes to “lock and leave” condominium apartment flats and townhomes.

Hilton Head Island

Private communities located along this naturally endowed stretch of coastline include DeBordieu Colony, a 2,700-acre hideaway located just north of Charleston in historic Georgetown. Located between the Intracoastal Waterway and the Atlantic Ocean, DeBordieu features a Pete Dye-designed golf course and six and one-half miles of beachfront. Dataw Island is located in the Sea Islands region and was the site of an 18^th century plantation that has been transformed into a secluded private community boasting two championship golf courses. Amenities abound at Oldfield in Okatie, conveniently located nearly equidistant between Hilton Head, Beaufort and Savannah. Greg Norman golf, 20-acres of dedicated equestrian facilities, 8 miles of nature trails, tennis, swimming, a variety of water sports and access to a 1,000-acre hunting preserve make this private community one of a kind. Nature is the key amenity at Hilton Head Lakes in Hardeeville where the 452-acre community is surrounded by nature preserves and 22 miles of lake shoreline. Hampton Lake, located in Bluffton, just west of Hilton Head Island, received top honors in the 2009 National Association of Homebuilders (NAHB) “Best in America Living Awards” (BALA). Initially envisioned as a golf community, Hampton Lake was redesigned as a lake community with a resort style amenity complex, enhanced by a 340-acre nature preserve with nine miles of trails.

Shopping for a new, vacation or second home in South Carolina’s Lowcountry is like going to an “all you can eat” buffet — so much – and then so much more. Finding just the right combination of enticements can make the experience very gratifying.

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Home Prices Rise as the Dow Soars

Posted on April 16, 2010 by privatecommunitiesnewswire.com| Leave a comment

The Dow Jones Industrial Average (DJI) closed yesterday at its highest level since July 2008. When the closing bell rang, the economic bellwether was at 11,144.57 reflecting an increase of 37% in the last year alone. According to the latest Standard & Poor’s/Case-Shiller National Home Price Index, 9 of the 20 cities that comprise the well-respected indicator, posted year-over-year increases in median home sales prices in January. The report goes on to advise that average home prices across the US are at similar levels to autumn of 2003.

While waiting for “the bottom,” that theoretically crucial moment of optimum opportunity may have already passed. But the practicality of the matter is that each individual must assess his or her conditions when considering the purchase of a new home, a second home or a retirement property. There are some key issues that should be considered in addition to purchase price. Interest rates remain at historical lows – in the 5% range – and lenders are once again funding jumbo loans, (mortgages exceeding $417,000) an encouraging indicator of a loosening credit market and continued interest in high-end, upscale residential investment. Further, more buyers are paying cash for property. According to Move.com, more than 12% of buyers plan to use 100% cash to purchase a new property and nearly 13% will use a cash down payment of more than 50%. This type of buying activity would be expected to result in increased pricing.

So let’s look at the big picture: 1) The DJI continues to soar, reflecting investor confidence. 2) Based on GDP expansion of 5.6% last year, the economy appears to be in the early stages of recovery. 3) The unemployment rate is a lagging indicator, i.e., one of the last to provide positive input, and yet February saw the addition of 162,000 jobs. And lastly, the Consumer Price Index is holding relatively steady, theoretically providing more bang for the buck.

As buyers come off the bench, inventories will diminish and prices will increase as demand begins to exceed supply. If you are in the market for a new or second home, the cost of living in your market of choice should carry as much weight as the cost of the home you wish to purchase. According to a study conducted by Where to Retire magazine, certain markets can provide as much as a 30%+ cost of living savings. Myrtle Beach, SC, and Asheville and Wilmington, NC rank amongst these, and tax-free states such as Florida and Tennessee are seeing increased buying activity. As the economy recovers, so will the housing market. As the housing market recovers, prices will ultimately rise. So is now the time for you buy? If so, check out PrivateCommunities.com to learn about the myriad opportunities that are currently available.

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Tagged DJI, Dow, home sales prices, Housing Market News, Investment Options, Investment Property, Private Communities, PrivateCommunities.com, Real Estate Carolinas, real estate trends, Second Home, Second Homes

Investing in a New Home in the Lone Star State – The Sublime State of Texas

Posted on April 14, 2010 by privatecommunitiesnewswire.com| 1 Comment

Texas has been cited as a forerunner in the ongoing economic recovery and a solid location for investment in retirement and second home communities. Located in Texas’ famed Hill Country, both San Antonio and Austin have become well known for abundant opportunities to purchase second homes and retirement homes in an upscale recreationally-oriented environment. Private communities that personify this perception include Cordillera Ranch, a multi-recreation community located in Boerne, a suburb of San Antonio. The 8,700-acre private community exemplifies the active adult lifestyle, boasting seven different club opportunities featuring golf, tennis and swim, equestrian, hunting and fishing, health and fitness and water sports. With regard to size, First Mountain on Canyon Lake represents the opposite end of the housing spectrum. At just 90 acres and fewer than 50 homes, this intimate enclave is situated on the 8,300-acre Canyon Lake, aka, the “Water Recreational Capital of Texas.” Conveniently nestled between San Antonio and Austin, First Mountain on Canyon Lake is located on its own private mountain and is endowed with some of the most panoramic vistas of the Texas Hill Country. Ancillary amenities include a resort-style swim facility, miles of walking trails and access to the Guadalupe River by way of Canyon Lake, two full-service marinas and Canyon Lake Golf Club.

Canyon Lake

According to Allied Van Lines’ 42^nd Annual Magnet States Report, more individuals and families chose to settle deep in the heart of Texas than anywhere else in the US in 2009. This is Texas’ fifth consecutive year outpacing every other state, and based on recent achievements and projections, the recognition appears well deserved. Texas added 50,000 new jobs in the 4^th quarter of 2009, and projections for 2010 call for continued job growth in several of the state’s larger markets. San Antonio is expected to add 22,000 jobs in 2010 and Austin is projected to expand local payrolls with the addition of 19,000 payroll positions. On the housing front, Austin area homes sales jumped 5% in January 2010, and the median price was up 1% to $179,250. Statewide, housing inventory fell approximately 5% in January. Both conditions suggest that now may just be the time to buy.

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Second-Home Tax Deductions – Things To Know

Posted on April 9, 2010 by privatecommunitiesnewswire.com| Leave a comment

The benefits of owning a second home are numerous, particularly if used as a family retreat. The relaxation and recreation that a getaway provides cannot be put into monetary terms. But many second homes are used as income-producing investments and the rent derived from them can serve to defray the cost of owning and maintaining the property. In this regard, the benefits are tangible and can result in tax consequences. That said, most of IRS’ rules are relatively palatable.

According to the IRS you can have only one main residence at any one time, and a second home is any home that you choose to treat as your second home. You can have more than one second home, but only one second home can be “qualified” for tax purposes.

Your second home can represent tax benefits. Married taxpayers who file jointly can deduct interest on a combined total of $1 million of “home acquisition debt” for their primary and secondary residences. Further, homeowners may deduct up to a combined total of $100,000 of home-equity debt on their first and second homes as well.

Lauderdale Bay Villas and Yacht Club, Myrtle Beach, SC

IRS rules for second home qualification include:

If you purchase a new home during the year, you can choose to treat the new home as your second home as of the day you buy it.
- If your main home no longer qualifies as your primary residence, you can choose to treat it as your second home as of the day you stop using it as your main home.
- If your second home is sold during the year or becomes your primary residence, you can choose a new second home as of the day you sell the old one or begin using it as your main home.

If you have a second home and rent it out part of the year, you are obliged to personally use it during the year in order for it to qualify as a second home. You must use the home more than 14 days per year, or more than 10% of the number of days during the year that the home is rented (“at a fair rental rate,”) whichever is greater. If you do not use the home long enough, it is considered rental property and not a second home. For more information on residential rental property, see IRS Publication 527.

In any event, you may want to consider hiring a tax professional to address some of these issues. A trained tax professional will advise on the myriad homeowner benefits that can often be overlooked or fall through the cracks when we file on our own.

Source: IRS.gov Publication 936

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Duke and The Triangle – A Pair of Winners

Posted on April 7, 2010 by privatecommunitiesnewswire.com| Leave a comment

How about that Duke! Persevering to beat Butler 61-59 to become the NCAA basketball champions in a benchmark game – at no point in the final competition did either team have more than a six point lead. The private university’s persistence to succeed personifies the spirit of the Raleigh/Durham/Chapel Hill Triangle region. Loaded with educational, cultural and social opportunities, high-quality healthcare, myriad private community choices and historic charm, the Raleigh/Durham/Chapel Hill market area is a slam-dunk when it comes to making a second home or retirement destination choice.

The Raleigh market area has grown nearly 40% — more than 4% per year — since 2000. This compares to a growth rate of less than one (<1%) percent per year for the rest of the country. The rate of growth for the “mature” population is even more remarkable. The market area’s 65+ segment is projected to grow more than 50% by 2014 or 11% per year. In a recent study conducted by the Brookings Institute, the Raleigh market area ranked number one for senior relocation ahead of Austin, Atlanta, Boise and Las Vegas.

Briar Chapel

Private community opportunities offering a wide array of recreational and social amenities and activities abound throughout the Raleigh/Durham/Chapel Hill Triangle area. Located in Raleigh, Wakefield Plantation is a 2,200-acre master-planned community with a private TPC golf course and TPC Sports Club. In North Raleigh, Bedford at Falls River boasts a Central Park, a Recreation Center, two swimming pools, tennis and volleyball courts and 26 miles of tree-lined sidewalks. In Chapel Hill the Governors Club offers 27 holes of Jack Nicklaus Signature golf, a 42,000 square foot clubhouse, a comprehensive Tennis Club, and fitness and swim facilities. The Legacy at Jordan Lake offers direct access to the 14,000-acre lake for boating, fishing and swimming. This resort community also has tennis and sports courts, a short iron golf course, fitness and swimming facilities, and 12 miles of dedicated walking trails. Located on the periphery of Chapel Hill is Briar Chapel, the largest “green” community in the Triangle with a 66-acre community park with soccer, football and baseball fields, 21 neighborhood parks, a village center, an amphitheater, and 24 miles of hiking and biking trails. And those are just the on-site amenities. The Triangle abounds with state and county parks and hiking, biking and golfing opportunities. Wake County alone has more than 30 golf facilities, more than half of which are open to the public.

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Second Home Sales Heat Up As Cash Buyers Step Up

Posted on April 2, 2010 by privatecommunitiesnewswire.com| Leave a comment

The Lodges at Eagles Nest

According to a just released National Association of Realtors (NAR) Investment and Vacation Home Buyers Survey, sales of vacation homes increased 7.9% in 2009 compared to 2008 and market share rose to 10% from 9%. In comparison, investor-oriented sales fell 15.9% in 2009. That said, investor purchases were responsible for nearly two-thirds of all of the second home sales in 2009 and nearly one-half of investment buyers paid cash compared to less than one-third of vacation homebuyers. Correlating pricing with this fact is revealing. While the median investor property sales price fell 2.8% in 2009, the median vacation property price rose 12.7%. This suggests that vacation home pricing may have reached its bottom last year.

NAR reports that 27% of homebuyers in 2009 were “vacation” and/or “investment” homebuyers; 17% or 940,000 were investment purchases while 10% or 533,000 were vacation purchases. While segregating the “second home” segment appears to be splitting hairs, there are some distinct differences* in these two products and their related buyer profiles.

Similar demographic characteristics for the two buyer types include married couples with a median age in the mid-40s and households supported by two income earners. The differences between the two focus largely on the types of properties that are favored. While 30% of vacation homebuyers prefer a rural location, 35% of investment buyers prefer the suburbs. Vacation home buyers will travel more than 300 miles from their primary residence, while investment buyers will travel a comparatively modest stretch of fewer than 25 miles. Both prefer existing (vs. new) single-family properties, but investor buyers have a stronger propensity to purchase condominium apartments.

Note: The term “Second Home” may include similar property types but it contains two distinctly different purchase motivations. “Vacation” homes are second homes that are used exclusively as recreational destinations for the buyer and the buyer’s family and friends while motivations for the purchase of “investment” second homes typically include investment portfolio diversification, potential rental income, and tax benefits. That said, the buyer may, or may not, use the property periodically for personal leisure.

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Fore! at Barefoot Resort and Golf on South Carolina’s Grand Strand

Posted on March 31, 2010 by privatecommunitiesnewswire.com| Leave a comment

South Carolina’s Grand Strand has been, for decades, a mecca for tourists, second homeowners, and retirees seeking a sublime escape. Stretching from Cape Fear, North Carolina to Georgetown, South Carolina, it consists of more than 60 miles of essentially uninterrupted Atlantic Coast beachfront. But its pristine beaches aren’t the only contributor to the region’s popularity as a tourist destination. There’s also golf — lots and lots of golf. The Grand Strand is home to more than 125 courses, (more than 1,800 holes of golf) — all kinds — all sizes — all skill levels – designed by a bevy of celebrity golf course architects. And the best part of Grand Strand golf is that the vast majority of the facilities are open to the public.

Located in North Myrtle Beach, Barefoot Resort and Golf is marking its 10^th anniversary this year. Barefoot is one of the most popular destination golf resorts in the country having four championship layouts designed by golf greats Greg Norman, Pete Dye, Davis Love III and Tom Fazio. Barefoot Beach Resort is well known for the most highly anticipated debut in golf history with the opening all four of its acclaimed layouts on the same day on April 13, 2000. But the amenities don’t end with golf. A 40,000 square foot clubhouse; an 8-acre Resident’s Club including fitness facilities, an outdoor pool with lap and wading areas, lighted tennis courts, a variety of kid-friendly features, restaurants, a private Beach Cabana with a furnished sundeck, beach showers, and privileged beach access and much more make Barefoot a unique resort community. Future plans call for the development of a hotel, marina and water complex, a town center, and a full-service spa. Centex Homes, rated “Highest in Customer Satisfaction with New Home Buyers” by J.D. Power and Associates, is the master builder offering a broad array of single-family homes, townhomes and villas. In the spirit of celebrating its past and in excited anticipation of its future, Barefoot will be offering a variety of promotional packages this spring.

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Vacation Home Investment in Mesmeric Mexico

Posted on March 29, 2010 by privatecommunitiesnewswire.com| 1 Comment

Colorful, vibrant, miles of pristine beaches, crystalline bodies of water, and an abundance of resort opportunities come to mind when we think of Mexico. But in recent years, it has evolved into a safe haven for real estate investment, offering attractive home ownership opportunities in an environment that is undergoing significant growth. While much of the early development in Mexico had been highly commercial in nature, focusing on all-inclusive and timeshare resorts, as ownership laws and lending practices have become more “Americanized” private community development has taken flight, appealing to second home owners, and ex-patriots from all over the world who are seeking a more cost-efficient way of life upon retirement.

Cabo San Lucas, Cancun, Puerto Vallarta – all recognizable Mexico resort destinations that have attracted visitors for decades. Unlike these resort locations, Mazatlán has roots in a tradition of trade and commerce, coming late to the discovery that its miles and miles of sand beaches translated to tourism opportunities. In this regard, it’s towns and city centers have a prevalent historic nature not often found in Mexican resort locations. Situated on the Pacific Coast of Mexico, almost directly across from the tip of the Baja peninsula, Mazatlán was first colonized by the Mayans. The name, which means “place of the deer” in the native Nahuatl language, speaks to the region’s remarkable scenic beauty. Set at the foot of the Sierra Madre Mountains on a peninsula that extends into the Pacific Ocean, Mazatlán boasts Mexico’s largest commercial port and has its own international airport and car ferry service for trips across the Gulf of California to La Paz. Interestingly, the City is segregated into two distinct areas: Zona Dorada (Golden Zone) where the majority of hotels and restaurants are located, and El Centro, the downtown, or “heart of the city.” Since 2000, the historic downtown has been undergoing a major restoration of many of its buildings including the famous Plaza Machado. The two city centers are linked by Avenue Del Mar, also known as the Malecón, a scenic beachfront walkway connecting the two destinations.

Estrella del Mar Golf and Beach Resort is being developed as an “American” master-planned community approximately ten minutes from Mazatlán’s International Airport and less than 30 minutes from the heart of the city. The 800-acre oceanfront luxury resort community offers overnight villa accommodations for visitors, and condominiums, and estate beachfront and golf course lots for ownership. The community is anchored by an 18-hole beachfront golf course designed by legendary Robert Trent Jones, Jr. and is rated amongst the best golf courses in Mexico. An on-site Turtle Preserve dedicated to protecting sea turtles and other precious wildlife speaks to the environmental sensitivity of the Estrella del Mar development.

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On Top of the World – Asheville, North Carolina Remains a Top Pick for Second Homes and Retirement

Posted on March 26, 2010 by privatecommunitiesnewswire.com| 1 Comment

If you’ve ever driven the Blue Ridge Parkway, you know the feeling. Breathtaking vistas for miles around are picture-postcard perfect. A temperate four-season climate, abundant recreation and extensive and diversified housing opportunities have been attracting visitors and new residents to the western North Carolina Mountain Region for decades. Strategically located less than a days’ drive of 70 of the nation’s top 100 metropolitan areas, the region is uniquely suited as a second/vacation home destination. A significant influx of retirees and pre-retirees has spawned a variety of ancillary services and amenities. As part of the local campus of UNC, the Asheville-based North Carolina Center for Creative Retirement is today regarded as one of the nation’s top institutions for adult learning.

Nestled amongst majestic mountains, the eclectic city of Asheville has popped up on many national rankings over the years including AARP’s “Best Places to Reinvent Your Life,” and “The 50 Most Alive Places To Be.”American Style magazine recognized it as one of “America’s Top 25 Arts Destinations,” and it has also been cited as one of the happiest places in the U.S. in Eric Weiner’s 2008 book, The Geography of Bliss. Therefore, it was not surprising that it showed up on Barron’s 2009 rankings of the “Best Places for Second Homes.” Currently available luxury homes located in and around the Asheville market are priced from $600,000 to several million dollars for an average list price of $1.2 million.

Just a short drive from Asheville is Burnsville, the “Gateway to Mt. Mitchell,” the highest point east of the Rockies and home to The Preserve at Wolf Laurel. The 1,300-acre master-planned community marks the final phase of the larger Wolf Laurel Resort development. The community’s established environment and copious in-place amenities make for a distinct sense of community. “Down home pleasures” are commonplace at The Preserve and have included the gathering of 700 residents for a 4^th of July celebration. This spirit of community lifestyle is showcased in the preservation and restoration of the The Buck House, the former homestead of original property owners David and Pearl Buck and their eight children. Eighty-five percent of the 13-room Colonial Revival structure’s wood is original, and the property, which is operated as a B&B to accommodate potential property owners, is listed on the National Register of Historic Places.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Family Gatherings and Second Homes, Gated Community News, Golf Community News, Golf Living, Housing Market News, Luxury Real Estate, Private Communities, Private Golf, Real Estate News, Second Homes, Vacation Homes, second homes in private communities

Tagged Affluent Lifestyle, Asheville, Asheville real estate, Blue Ridge Parkway, Destination Amenity Communities, Gated Communities, Luxury Real Estate, North Carolina, North Carolina Retirement, north carolina second homes, Private Communities, PrivateCommunities.com, Real Estate Carolinas, real estate gated, Retirement, Retirement Homes, Second Homes, Vacation Homes, Wolf Laurel

California Dreamin’ – Golf and Luxury on the Monterey Peninsula

Posted on March 24, 2010 by privatecommunitiesnewswire.com| Leave a comment

A leader for 85 years in wealth analysis, Barron’s, recently named Pebble Beach #6 on its list of the “10 Best Places in America” for second homes. Located on the Golden State’s pastoral Monterey Peninsula, Pebble Beach has long been known for its superlative golf. Rated the #1 public golf facility in America by Golf Digest for 2009-10, the Pebble Beach Golf Links have hosted four U.S. Opens and will be the site for the 2010 challenge slated for June 14-20. But Pebble Beach isn’t the only game in town. There are more than 20 other golf opportunities, some of which are located within the verdant Del Monte Forest, which surrounds the community of Pebble Beach. Estate homes, with panoramic views of Monterey Bay are abundant. According to Barron’s, the median home value in the marketplace is $1.1 million reflecting a 20% reduction from peak pricing.

Just minutes from Pebble Beach lies the quaint seaside village of Carmel. Well-known as the home of Clint Eastwood, a former mayor of Carmel, this charismatic town has been a world-renown destination resort and artist colony since the turn of the last century. California’s “jewel city” is at once eclectic and bucolic and has been cited as the “dog-friendliest” city in the country. From inception, preservation of the natural environment has been a vital consideration as the city founders constructed roads to weave around existing trees in an effort to preserve the area’s ambiance.

And the concept upon which the town was founded has never been forgotten. Sustainable development is the principle upon which Tehama is emerging. This contemporary development overlooking Carmel Bay comprises 2,000 rolling acres but is planned for just 90 homesteads.

The development of Tehama, which is a Native American word meaning “abundance of nature,” has been guided by Clint Eastwood’s dedication to sustainable development – more than 85% of the land has been permanently preserved as open space and the project has been honored with California’s Golden Bear Award for diligent protection of the environment. In addition to its abundant natural assets, the community includes an 18-hole Jay Morrish-designed golf course, tennis, swimming and fitness facilities.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Family Gatherings and Second Homes, Gated Community News, Golf Living, Luxury Real Estate, Private Communities, Second Homes, Vacation Homes, second homes in private communities

Tagged Affluent Lifestyle, Carmel California Real Estate, Destination Amenity Communities, Gated Communities, International Second Homes, Luxury Real Estate, Most Affluent Addresses, Private Communities, Private Communities Newswire, Private Golf, PrivateCommunities.com, real estate gated, Second Home, Second Homes, Vacation Homes

PrivateCommunities.com Makes Getting Updates Easy

Posted on August 10, 2009 by privatecommunitiesnewswire.com| Leave a comment

There is nothing better than having someone looking out for you, and the Web’s top research portal for destination amenity communities since 1996 is ready to do just that. If you are even casually looking for a second home or a relocation to a private, gated community almost anywhere — you can plug into the latest updates by clicking here.

Buying land or buying a spot on the sea, you will know when the latest primary or second home opportunities in master-planned communities are available. Once you find that dream location, you can easily cancel your updates or share the service with friends — telling them how all your shopping was done for you, while you were busy reading other e-mails. If you’re selling a house in a gated community, it is a great place to be seen too. Sellers tend to find the most qualified buyers at PrivateCommunities.com

Frenchman's Creek in Palm Beach Gardens is One Community Where Buyers and Sellers Find Common Ground Over Spectacula Golf and Recreation

Frenchman's Creek in Palm Beach Gardens is One Community Where Buyers and Sellers Find Common Ground Over Spectacular Golf and Recreation

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Posted in Affluent Lifestyle, Destination Amenity Communities, Golf Living, Luxury Real Estate, Private Communities, Real Estate News, Second Homes, Unpacking Private Communities/feed/, Vacation Homes

Tagged Affluent Lifestyle, Automatic Updates, Florida Gated Communities, Frenchman's Creek Country Club, Frenchmans Creek, Gated Communities, lakefront real estate, Most Affluent Addresses, oceanfront, oceanfront real estate, Private Communities Newswire, PrivateCommunities.com, real estate trends, Second Home, Second Homes, shopping service, Vacation Homes

Florida Second Home Options Go Beyond New Development

Posted on July 16, 2009 by privatecommunitiesnewswire.com| 1 Comment

As trends in real estate development shift, existing communities are sometimes overlooked as the perfect choice for a second home. Here’s news this week out of Vero Beach, Florida, where one savvy gated community is restoring grasses on its eco-friendly golf course to augment long-term property values. The Indian River Club first became an Audubon Signature Sanctuary in 1995, and its designer Ron Garl is overseeing the job to make sure the golf course keeps its certification.

If you consider all the upside of buying an existing home in an established community, one of the first things that comes to mind is the stability. With the economic downturn, some developers are halting new construction efforts and existing private communities can sometimes have a location advantage. After all, they were built in prime locations before some of the newer communities. If the community has all the right amenities in the right location, new construction can actually emerge and older homes are torn down so the prime home sites can be customized, sometimes with “greener,” more energy efficient structures.

Designer Ron Garl Returns to his own design at The Indian River Club in Vero Beach

The Indian River Club in Vero Beach, Florida

Further south on the Florida coast in Palm Beach Gardens, the renown Frenchman’s Creek Country Club affords a few select buyers a year the chance to truly have it all. The Loggerhead Club and Marina gives residents priority access to the Intracoastal Waterway, a newly renovated 72,000-square-foot clubhouse, regionally praised fine dining (the food is delicious!) and residents even have their own private beach club right on the Atlantic Ocean.

Residents Only Beach Club at Frenchman's Creek in Palm Beach County - Truly the "Best of Everything"

The idea of having everything you have ever wanted should be appealing to second home shoppers and those looking to relocate. Despite the downturn, sources at Frenchman’s Creek report that six homes have closed at the private, gated community in the past two months. With all that this and other existing communities can offer buyers, it is easy to see why they remain attractive investments that can be savored immediately.

Take a tour of PrivateCommunities.com to find more of these special spots.

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Posted in Affluent Lifestyle, Destination Amenity Communities, Gated Community News, Golf Community News, Golf Living, Housing Market News, Luxury Real Estate, Private Communities, Private Golf, Real Estate News, Sales of Private Communities, Second Homes, Unpacking Private Communities/feed/, Vacation Homes

Tagged Affluent Lifestyle, Audubon International, exisiting gated communities, Frenchman's Creek Country Club, Frenchmans, Frenchmans Creek, Gated Communities, golf courses, Green Living, Luxury Real Estate, Palm Beach County Real Estate, Palm Beach Gardens, Private Communities, PrivateCommunities.com, real estate trends, Ron Garl, Second Homes, The Indian River Club, Vero Beach Real Estate

PrivateCommunities.com Hires Top Silicon Valley SEM Expert

Posted on June 8, 2009 by privatecommunitiesnewswire.com| Leave a comment

Vero Beach, Florida — Silicon Valley’s CCG Group will lead search engine marketing (SEM) initiatives for Florida-based PrivateCommunities.com, the Web’s premiere consumer research portal that has featured upscale, master-planned real estate since its launch in 1996.

CCG Group’s principals Andreas Ramos and Stephanie Cota have vast expertise in all levels of Web search, multi-channel marketing and Web analytics. McGraw-Hill published their latest book, Search Engine Marketing earlier this year. Unlike general real estate Web sites that focus on house listings, PrivateCommunities.com has grown its niche by showcasing private and gated communities, their amenities, locations, property offerings and pricing.

Ramos

Cota

“This initiative keeps PrivateCommunities.com in a leadership position marketing master-planned communities to affluent second home buyers,” said Vice President of Technology Robert Weimer. “Our firm is licensed by Nielsen Claritas to overlay socio-economic research data, and this provides unmatched competitive intelligence to developers who have communities listed on PrivateCommunities.com – the addition of CCG will help us improve our already effective SEM efforts.”

Co-Founder Elisabeth Miller-Fox explained that the Web site has been effective for both developers and affluent consumers alike, because it has always focused on meeting the needs of its niche user profile.

“This opportunity to work with CCG comes at the perfect time,” said Miller-Fox. “We already have a model that works for the affluent consumer to easily find what they want and it saves them time. Our SEM strategy will help us further differentiate PrivateCommunities.com as the tool of choice for developers trying to reach affluent buyers at a time when there is plenty of clutter on the Web.”

PrivateCommunities.com features the Web’s most comprehensive collection of master-planned communities throughout the United States, Mexico and the Caribbean by developers including Pulte (NYSE:PHM), Centex (NYSE: CTX) and Bluegreen (NYSE:BXG).

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Posted in Destination Amenity Communities, Housing Market News, Private Communities, Real Estate News, Second Homes, Unpacking Private Communities/feed/, Vacation Homes

Tagged Bluegreen, Centex, McGraw-Hill, Nielsen Claritas, NYSE:BXG, NYSE:CTX, NYSE:PHM, PrivateCommunities.com, Pulte, Silicon Valley News

Social Media Postcard From The Georgia Club

Posted on May 28, 2009 by privatecommunitiesnewswire.com| 1 Comment

Wish you were here? Residents of The Georgia Club, a residential private golf community located just outside of thriving Athens, Georgia, were recently surveyed on their Internet usage. Here’s some interesting findings:

- 85 percent of respondents were 40+ years of age

- 60 percent of respondents were 50+ years of age

- 87 percent use the Internet multiple times a day, with another 9 percent using it at least once a day

- 25 percent use Facebook

- Residents also reported using Twitter, LinkedIn and MySpace

- More than 50 percent indicated the Web was their primary source for finding their news and many used it to track their investments

- In addition to visits to Google and Yahoo, respondents gathered their news from online portals of legacy media organizations like Fox News, CNBC and CNN

Special thanks to The Georgia Club for sharing this data. If your private or gated community is increasingly using the Web to stay connected, please Comment

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Posted in Second Homes

Tagged Affluent Lifestyle, Athens, CNBC, CNN, Destination Amenity Communities, FOX News, Gated Communities, Georgia Real Estate, Google, LinkedIn, Luxury Real Estate, Most Affluent Addresses, MySpace, Private Golf, PrivateCommunities.com, Second Homes, Social Media in Private Communities, The Georgia Club, Twitter, Yahoo

Members at Willoughby Golf Club Learn From Original Master Errie Ball

Posted on May 16, 2009 by privatecommunitiesnewswire.com| 2 Comments

Masters Legend Errie Ball visits with Willoughby Golf Club's members -- everyday but Sunday

When it comes to national treasures, few Florida golf clubs can claim to offer their members such a truly legendary experience. At Stuart, Florida’s Willoughby Golf Club an exclusive club has an exclusive golf instructor emeritus. There is only one surviving member of the original field of 72 men who played in the first tournament that would become known as the Masters: his name is Errie Ball. Continue reading →

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Posted in Affluent Lifestyle, Gated Community News, Golf Community News, Golf Living, Private Golf, Second Homes, Unpacking Private Communities/feed/

Tagged equity membership Florida, Errie Ball, Florida Golf Memberships, Private Golf, PrivateCommunities.com, Stuart Florida, the Masters Ball, Willoughby Golf Club

All Luxury, All Online: Public Radio’s Take on the Affluent This Week

Posted on December 16, 2008 by privatecommunitiesnewswire.com| Leave a comment

Web Grows as First Stop for Second Homes and Luxury

These days it is not surprising that affluent shoppers are less likely to flaunt their wealth. Sales of second homes in private clubs and gated country club communities have never really been a real estate buy where developers hang balloons out to get “drive-by” traffic. This interesting story from Marketplace Continue reading →

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Tagged Destination Amenity Communities, Gated Communities, Gated Community News, Luxury Real Estate, Marketplace, Milton Pedraza, Most Affluent Addresses, private clubs, Private Communities, Private Communities Newswire, Private Communities Resources, Private Golf, PrivateCommunities.com, Real Estate News, Sales of Private Communities, Second Homes, Second Homes Poll, Stacey Vanek-Smith, The Luxury Institute, Unpacking Private Communities/feed/

PrivateCommunities.com Still Tracking Best

Posted on December 10, 2008 by privatecommunitiesnewswire.com| Leave a comment

Web's Top Portal for Destination Amenity Communities Tops in November

Web's Top Portal for Finding Destination Amenity Communities Still Tops in November

Holding At the Top

This chart shows the performance of related Web sites in terms of the monthly market share of page visits for Destination Amenity Communities. When second home shoppers go to the Web for information, chances are they stop at PrivateCommunities.com first. PrivateCommunities.com has been a leader and expert resource in second homes and gated communities for more than a decade and counting. Developers listed on the site have a resource at their fingertips that allows them to fine-tune their Internet marketing.

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Tagged Destination Amenity Communities, Gated Communities, Gated Community News, North Carolina Retirement, private clubs, Private Communities, Private Communities Newswire, PrivateCommunities.com, real estate gated, Real Estate on the Web, real estate search engine marketing, real estate trends, search engines and private communities, Second Homes, Vacation Homes

One-Day Golf Membership and Beach Time

Posted on December 9, 2008 by privatecommunitiesnewswire.com| Leave a comment

Gulf Breezes, Personal Attention and a Round of Golf

If you ever wondered what it would be like to experience the warm winter lifestyle in the relaxed setting of Ft. Myers, Florida, you can now make that wonder a reality — if only for a day. LandMar’s River Hall has a great opportunity Continue reading →

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Posted in Affluent Lifestyle, Destination Amenity Communities, Gated Community News, Golf Community News, Golf Living, Luxury Real Estate, Private Communities, Private Golf, Second Homes, Unpacking Private Communities/feed/, Vacation Homes

Tagged Beach Spots, Destination Amenity Communities, Ft. Myers, Gated Communities, Gated Community News, International Second Homes, Luxury Real Estate, private clubs, Private Communities, Private Communities Newswire, Private Golf, PrivateCommunities.com, real estate gated, River Hall, Splitters, Unpacking Private Communities/feed/, Vacation Homes

Interest Rate News May Not Impact Affluent Buyers Much

Posted on December 3, 2008 by privatecommunitiesnewswire.com| Leave a comment

One wonders if lower interest rates are the only answer to the housing issues facing America. Those with larger portfolios still have money and are likely not too pleased with their returns from Wall Street of late. A second home might be the sort of investment those with resources can make that can also drive other job creation and economic engines. Continue reading →

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Posted in Affluent Lifestyle, Destination Amenity Communities, Gated Community News, Golf Community News, Luxury Real Estate, Private Communities, Private Golf, Real Estate News, Sales of Private Communities, Second Homes, Unpacking Private Communities/feed/, Vacation Homes

Tagged Federal Reserve, Gated Communities, interest rates, Interest rates and second homes, Private Communities, PrivateCommunities.com, Second Homes, Vacation Homes

NAF Rules in Favor of PrivateCommunities.com: Himalaya Rankings, LLC & John Sweeney Ordered to Transfer Domains

Posted on October 29, 2008 by privatecommunitiesnewswire.com| 4 Comments

VERO BEACH, Fla. – North Carolina-based Himalaya Rankings, LLC and John Sweeney have been ordered to transfer five domains to Private Communities Registry, Inc., doing business as PrivateCommunities.com, by the National Arbitration Forum (NAF), a provider of the Uniform Dispute Resolution Policy by the Internet Corporation of Assigned Names and Numbers (ICANN).
On August 13, 2008, PrivateCommunities.com filed a complaint for rights to five infringing domains, including Private-Communities.org, against domain owner John Sweeney and Himalaya Rankings from Wilmington, North Carolina.
The NAF issued an 18-page decision ruling that Himalaya Rankings, LLC and John Sweeney had registered nearly identical domains in bad faith for the purpose of disrupting the Complainant’s business, creating a likelihood of confusion, and intentionally attracting Internet users to their Web sites for commercial gain.
Trademarks for Private Communities Registry and PrivateCommunities.com were issued in 2002, with marks in use since 1996 and 1998, respectively. Himalaya Rankings and John Sweeney began using variations of the PrivateCommunities.com name in 2003.
“We filed this complaint to keep the good name of our first-to-market company and to avoid confusion by imitation companies whose marketing strategy is to hitch on our established good will, good name, and hard-earned reputation,” said PrivateCommunities.com co-founder Marie Roberts. “We have been operating for more than 12 years.”
Intellectual property and trademark attorneys Amber Neilson and Robert Wolter of Beussse Wolter Sanks Mora & Maire, PA of Orlando, Fla. filed the complaint on behalf of PrivateCommunites.com.
Rebecca Crandall of Williams Mullen, Research Triangle Park, North Carolina, represented Himalaya Rankings, LLC and John Sweeney.
PrivateCommunities.com was founded in 1996 by Marie Roberts and Elisabeth Miller-Fox as an Internet-based company that generates real estate leads and website traffic for master-planned communities. According to HitWise, an Experian company, PrivateCommunities.com dominates the Destination Amenity Community custom category with a 45 percent market share.

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Posted in Destination Amenity Communities, Gated Community News, Golf Community News, Golf Living, Housing Market News, International Second Homes, Luxury Real Estate, Private Communities, Private Golf, Real Estate News, Sales of Private Communities, Second Homes, Unpacking Private Communities/feed/

Tagged Gated Communities, Internet, lawsuit, private clubs, Private Communities, PrivateCommunities.com, real estate industry

Second Homes in Private Communities Sometimes Hidden Gems

Posted on August 6, 2008 by privatecommunitiesnewswire.com| Leave a comment

Second Homes in Private Communities Sometimes Hidden Gems

Some Niche Websites Are Narrowing the Search

Private Communities Newswire – Aug. 7, 2008 There’s a whole other world of master planned communities that often go unnoticed by even the most savvy second home seeker. Buyers from all over America can miss these opportunities because they often do not appear on public multiple listing service (MLS) databases sorted by zip code, price point and other search terms designed to appeal to a wider variety of shoppers. Continue reading →

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Tagged Bluegreen, PrivateCommunities.com, Unpacking Private Communities/feed/

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