In August, North Port issued permits for 12 new homes -- the lowest monthly total in five years. The city issued more than that in a day back in 2005 and 2006, when North Port led the region in new home construction. SH_T
Yes. But the rumor is that North Port has seen 1,100 foreclosures during the same period. Perhaps people are simply finding free houses to live in without going through the tedium of actually building them.
Then there's this.
Lee County thinks more than 2,000 residents have filed petitions arguing their property isn’t worth what the county estimates.
They have an ally in Lt. Gov. Jeff Kottkamp. He’s one of them.
Kottkamp filed a petition indicating his home in North Fort Myers is overvalued by 38 percent. The appraiser’s office estimated the home value at $1,382,920. News Press.