Lee County demographic shift
In his Market Watch column, Frank D'Alessandro astutely describes the new breed of buyer that is purchasing a home in Lee County. Many of these new residents are baby boomers purchasing a second home in Lee County.
The findings presented in the recently released Wachovia Regional Economic Review titled How Sustainable Are The Forces Driving Florida's Latest Housing Boom? state that "spillover from buyers priced out of the Naples market has added fuel to an already red hot market in the Fort Myers areas."
Lee home buyer profile changing [News-Press]