Lee adds 60 people a day
SW Florida real estate investors received some positive news today with the release of the latest census figures. During the period of July, 1 2003 and July 1, 2004 Lee County added an averaged of 60 new residents every day.
This is the type of demographic data that gives me some comfort with investing in this crazy real estate market. I get excited every time that an end-user buys one of my vacant parcels to build a new home. It is hard to imagine that this wave of migration to Lee County is going to end anytime real soon. In particular the market seems to have picked up more momentum after the horrible hurricanes that hit last year.