There haven’t been many blog posts from me or anyone else in the last couple of years about Cape Coral vacant lots.  If you bought land in Cape Coral during the boom years, you have watched its value shrivel by somewhere in the neighborhood of  75-90%.  If your lot is[…]

Is There Hope For Cape Coral Vacant Lots?

Remember the AC/DC song Big Balls………well I have to say that Roger Schutt, CEO of Premier Properties of Cape Coral may have the biggest of all! Premier Properties has purchased the Cape Coral subdivsion formerly known as Pinewood Lakes from Reliance Bank, who took it back from the previous developer.[…]

Celebration Cape – New Cape Coral Subdivision

The News-Press reports that the Lee County Commissioners discussed the possibility of acquiring highly-discounted Lehigh Acres residential lots and bundling them together  for industrial and commercial development: Lee County should stock up on cheap lots, a county commissioner suggested. Frank Mann said Thursday the county ought to buy discounted lots[…]

Lee County Considers Bulk Lehigh Lot Acquisition

Bye Bye First Homes An ugly era in the annuls of Southwest Florida real estate history came to an end yesterday when Hovnanian sold the last 1,409 lots it owns in Southwest Florida. Hovnanian sold these remaining lots to a Czech investment group for about $3,000 each, a far cry[…]

Hovnanian Checks Out

Our Lot: How Real Estate Came To Own Us, a new book by Alyssa Katz, prominently features the Lee County real estate bubble. The Lee County chapter focuses on the flipping that occurred in Lehigh Acres during the height of the market run-up. Anyone who participated in the Lehigh flipping[…]

Lehigh Acres Featured in Bubble Book