The Wall Street Journal takes a look at the high-end golf developments in and around Asheville, N.C., today -- focusing mainly on the Cliffs Communities property where a certain Tiger Woods is designing a course called the Cliffs at High Carolina.No surprise, the last 18 months have been a lousy period for all concerned. As Cliffs founder Jim Anthony tells the paper, "Our timing could not have been worse."
He seems to be talking about the real estate market, though one could easily assume Anthony (pictured, with that golf course designer guy) meant his decision to hire Woods.
A local real estate broker tells the paper, "I'm sure the Cliffs will probably change their marketing focus now." Or will it? As the Journal notes, Woods remains on advertising billboards for the Cliffs development. He also continues to appear in a video on the Cliffs web site. "With a wife and two kids, your perspective in life changes," he says. "I want to come up here as often as I possibly can."
-- P.F.
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