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Myrtle Beach, SC had the distinction of being number one in the nation, as to golf courses, before Florida took over the market.
The saturation of green courses built up to a maximum number in the 1990's into the early 2000-2001 time frame. New developments offered private courses with high fees and dining room dues from Key West to Jacksonville.
When, a new course went in "down-the-road", the old courses started to dry up as the members started to move. Too many courses and to few members became the threat, before the housing market bust hit the territory.
Then, the courses started to turn brown and the houses circling the grounds went into foreclosures. Foreign investors put down some coins, and came up as the new owners. Pennies-on-the-dollar and the greens were opened-up to the public.
Buying into a golf course property is an expense that few owners realize until the developer says "bye" and heads for the next development.
Then, the homeowners have to decide just who will run the operation. That is when companies like MG Orender come into the front door.
The "thrill" of ownership is a costly game for the few who can afford to pay.
